Home Technology An AI firm founded in 2022 by a 16-year-old Indian girl is now worth Rs 100 crore

An AI firm founded in 2022 by a 16-year-old Indian girl is now worth Rs 100 crore

An AI firm founded in 2022 by a 16-year-old Indian girl is now worth Rs 100 crore

With her AI business, Delv.AI, 16-year-old Indian girl Pranjali Awasthi has revolutionised the tech sector. Awasthi revealed at a Miami Tech Week event that she started her company in January 2022 and had been successful in raising roughly Rs 3.7 crore in funding. The Delv.AI LinkedIn profile already lists a team of up to 10 individuals. The accelerator programme played a significant role in helping Awasthi get funding from On Deck and Village Global. With a current estimated valuation of $12 million (Rs 100 crore), the company has already raised about $450,000 (Rs 3.7 crore) in investment.

Pranjali’s motivation

Throughout the ceremony, she credited her father as the main motivator and acknowledged his role in her entrepreneurial endeavour.

Pranjali’s father, an engineer, encouraged computer science education in the classroom, which sparked her interest in technology at a young age. At the tender age of seven, she was motivated to start programming, which created the foundation for her exemplary career.

The Delv.AI story

She gained access to more possibilities, such as computer science lessons and difficult math programmes, after her family relocated to Florida when she was 11 years old. The foundation for her firm, however, was built when she was just 13 years old while interning at Florida International University’s research labs.

Due to the Covid-19 epidemic, Awasthi worked on machine learning projects during her internship and went to virtual high school.  The idea of using AI to speed up the extraction and summarising of research data originated with the release of ChatGPT-3 beta by OpenAI.

During this period, Awasthi had the idea for Delv.AI, with the goal of using machine learning to improve data extraction procedures and destroy data silos.

What is Delv.AI?

In January 2022, the 16-year-old Indian girl Pranjali Awasthi started the data extraction and research business Delv.AI. The business revolutionises data research and extraction using cutting-edge AI technology. Awasthi claims that the primary objective of Delv.AI is to help academics swiftly locate specific information throughout the ever-growing array of online resources. Awasthi leads a small but capable team and manages numerous parts of Delv.AI, including coding, operations, and customer service.

Aspirations of Awasthi

It was a crucial turning point in her path when she joined an AI startup accelerator in Miami run by Lucy Guo and Dave Fontenot of Backend Capital. Awasthi’s acceptance into the programme was evidence of her unwavering commitment to pursuing her dreams, even if it meant temporarily suspending her high school coursework. She talked about how well the Delv.AI beta launch on Product Hunt went.

Awasthi has chosen to put off her academic ambitions for the time being in favour of her commitments and unwavering loyalty to her organisation, even though her Indian parents still see education as a fundamental trait.

In order to gain business skills that will aid her in her entrepreneurial career, she hopes to go back to school in the future.

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