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Premji Invest Eyes $10-$15 Million Stake in AI Startup Galileo

- Premji Invest, led by billionaire Azim Premji, may invest $10-$15 million in San Francisco-based AI startup Galileo. - This investment is part of Galileo's Series B funding round, following an $18 million Series A round in November 2022. - Galileo specializes in MLOps, helping data scientists and engineers improve machine learning model accuracy. - This marks Premji Invest's fifth AI investment in the past year, including stakes in Hippocratic AI, Hugging Face, Canva, and Poolside. - Premji Invest aims to build a global portfolio in the wake of the generative AI boom. Source: [Moneycontrol](https://www.moneycontrol.com/technology/premji-invest-may-pump-in-10-15-million-in-san-francisco-based-ai-startup-galileo-article-12814083.html)

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Indian Startups on

by AptRiding

Gojek

India’s biggest Ai startups that raised more than $1M

- Sarvam AI - $41M (Lightspeed and Peak XV) - Mad Street Den - $67M (Avatar, Peak XV) - Wysa - $25M - Neysa Networks - $20M (Matrix Partners) - Scribble Data - $2.3M (Blume Ventures) - Expertia AI - $1.3M (Chiratae Ventures) - OnFinance - $ 1.1M (Silverneedle Ventures) - Krutrom AI - $50M (Matrix Partners)

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News Discussion on

by DopeyWinery

Media.net

Perplexity raises $73.6M at $520M valuation

Perplexity raises $73.6M from the likes of some big names like Jeff Bezos, Naval, Balaji, NVIDIA. Just last month Mistral raised more than $400M in its second funding. AI based startups are the future I guess? https://twitter.com/AravSrinivas/status/1742918329797574709?t=MtMOF8D3AX6GodNE13pNBw&s=19

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Indian Startups on

by AlphaGrindset

Series A Startup

ParagA raises $30Mn for new AI startup

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Data Scientists on

by salt

Gojek

Apple acquires DarwinAI

Tight slap to AI nihilists. 👋🏻

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Indian Startups on

by Jghfdsyipouhgxd

Stealth

Which are promising Gen AI startups from India?

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Indian Startups on

by Sherlock007

TCS

Kunal having AI fomo

Dude wants to desperately invest in AI Indian startups... A nice read for ai enthusiasts

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Software Engineers on

by moyemoye

Stealth

Can someone confirm if Sama was asked DSA in his Microsoft interview ?

Legend says Sama refused to learn DSA for Microsoft Interview after getting inspired by some Indian LinkedIn Influencers.

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Indian Startups on

by OldCost30

Stealth

What are your predictions for 2024 Indian Startup ecosystem?

While there are lot of VCs coming out with their ‘expert’ outlook on 2024, let’s be real to share our own predictions. Idea is to share and learn and not just mudsling. Let me go first with few of my own 1. Neobanking will go belly up - it’s really hard to make money in just Savings account led neobanking I believe. With lending increasingly difficult, I think we will see likes of Jupiter going belly up 2. Gold mine of climate tech - climate tech will become more mainstream stream (similar to content and community in 2021, D2C in 2022 and SaaS in 2023) What are yours?