Entrepreneur News Network

Sarvam AI Raises Investment From IndiGo Ventures to Expand Enterprise AI

sarvam

India’s sovereign artificial intelligence ecosystem is gaining another high-profile corporate backer. Sarvam AI, the Bengaluru-based AI startup developing foundation models for Indian languages and enterprise applications, has secured a strategic investment from IndiGo Ventures, the corporate venture capital arm of IndiGo. The investment forms part of Sarvam AI’s ongoing Series B funding round and builds … Read more

Avataar raises $45M in Series B Funding

Avataar

Avataar.me, a San Francisco and Bengaluru-based AI and Computer Vision platform focusing on spatial visual discovery, announced on Friday a $45 million Series B investment round headed by Tiger Global with previous investor Sequoia Capital India as a co-participant. Avataar’s platform, which was founded in 2014 by Prashanth Aluru, Sravanth Aluru, Gaurav Baid, and Mayank … Read more

CoreStack closes $30M Series B round

Corestack

CoreStack, a worldwide multi-cloud governance SaaS provider, has raised $30 million in Series B fundraising headed by Avatar Growth Capital, with Dallas Venture Capital (DVC), Iron Pillar, and other angel investors also participating. Following its Series A in March 2020, CoreStack now has a total funding of $45 million. CoreStack will use the funds to … Read more