Investments, News

AI Startup Bags $750K Pre-Series A Funding from YourNest and VentureNursery, an Artificial Intelligence (AI) startup has raised a Pre-Series A funding of $750,000 from YourNest Angel Fund and VentureNursery members. The startup offers its deep learning algorithms for developers to build AI systems.

These funds will be used to accelerate product development and to grow the AI eco-system. This is the third time VentureNursery members have participated in the funding process. Post this investment, Girish Shivani, Fund Manager at YourNest Angel Fund, is joining as a board member as a nominee of YourNest.

Shown Above: Arya Founders Deeskhith Marla (L) and Vinay Kumar (R)

Shown Above: Arya Founders Deeskhith Marla (L) and Vinay Kumar (R)

Started by two IIT Mumbai researchers Vinay Kumar Sankarapu and Deekshith Marla, as a platform provides AI tools offered as modules in ‘Language’, ‘Vision’, ‘Speech’ and ‘Reasoning’ for developers. Users can start building AI computing systems by assembling the modules and giving the relevant knowledge base for the machine to learn.

These modules can be used in building AI systems for a vast number of use cases in multiple verticals – right from creating an AI assistant for radiologists to creating a ‘bot’ to automate the customer experience handling. The startup uses complex deep learning algorithms to develop General AI systems that can adapt and learn to multiple use cases with minimal inputs from humans. has been working with developers across verticals like Travel, Research, eCommerce, Customer Care, Medicine and Banking and will soon address other verticals like Automobile, Military and Defence.

“In the next five years, we expect to see more intelligent machines that understand us and relieve us of routine tasks. These AI systems can revolutionise the way we work as professionals and individuals”, says Vinay Kumar. “By joining hands with developers, aspires to build world class AI systems that can amplify the human abilities and efficiencies.”

In October end, Ronnie Screwvala’s Unilazer Ventures invested an undisclosed amount in seed funding in a stealth-mode artificial intelligence (AI) startup called

Have ideas to share? Submit a post on iamwire

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>