Startup Accelators: NASSCOM picks 17 deep tech startups under fourth cohort

#deeptech #club #nasscom #startups #startupindia

IT industry body NASSCOM on Friday announced the fourth batch of its 'DeepTech Club,' under which 17 startups have been chosen for four-month-long guidance, enterprise connect sessions, and exposure to investors, and the global startup ecosystem, according to a statement.

Technologies such as artificial intelligence (#AI), internet of things (#IoT), #blockchain, machine learning (#ML), and virtual reality (#VR) are leading the startup space, and attracting interest and activity, NASSCOM noted. The fourth batch includes startups working in areas like AI, natural language processing (#NLP), immersive technologies, IoT, #computervision, and #quantumcomputing, the statement said.

Some of the startups chosen are Devnagri, Exxar, and Stylumia Intelligence Technology.

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NASSCOM picks 17 deep tech startups under fourth cohort

IT industry body NASSCOM on Friday announced the fourth batch of its ' DeepTech Club,' under which 17 startups have been chosen for mentoring. Under the fourth cohort, 17 startups were selected for four-month-long guidance, enterprise connect sessions, and exposure to investors, and the global startup ecosystem, according to a statement.

Startup Funding: Nextbillion.ai raises $7M funding led by Lightspeed India Partners and Falcon Edge Capital

#ai #localmapping #hyperlocal #artificialintelligence

NextBillion.ai raises $7M funding led by Lightspeed India Partners Advisors and Falcon Edge Capital. It builds mapping and other AI-based hyperlocal services for emerging markets, was founded earlier this year by Ajay Bulusu, Gaurav Bubna and Shaolin Zheng, all former employees of Southeast Asian ride hailing giant Grab.

“Mapping is our first use case, but as we progress in our journey, we want to get into more verticals with an AI-first approach. Natural language processing, facial recognition and cybersecurity will be some of these areas,” said Bulusu.

“We have a lot of hyperlocal nuances. For instance, no company gives you a specific #API for route optimisation of trucks, or autos, or two-wheelers. But the route a truck takes to deliver a package versus a bike might be significantly different,” added Bulusu.

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Nextbillion.ai raises $7M funding led by Lightspeed India Partners and Falcon Edge Capital - ETtech

Nextbillion.ai has raised $7 million in Series A funding, led by Lightspeed India Partners and Falcon Edge Capital. The company, which builds mapping and other AI-based services for emerging markets, was founded earlier this year by Ajay Bulusu, Gaurav Bubna and Shaolin Zheng, all former employees of Southeast Asian ride hailing giant Grab.