Yatendra Kaushik, a tech entrepreneur and alumnus of IIT Ropar, has connect 1.5 million AED (roughly 3.25 Crores INR) in pre-seed investment for his AI startup, InnoveBots AI. The investment was once raised all over the Extend North Big name Top, the sector’s greatest startup-investor attach tournament, held in Dubai from October 13 to October 16. This spherical values the corporate at an noteceable 12 Crore INR.
InnoveBots AI is a pioneering challenge fascinated with designing utility-based AI device that simplifies the mixing of man-made wisdom into day-to-day duties and trade operations. With this investment, Yatendra targets to increase the corporate’s building crew, make stronger its product portfolio, and boost up marketplace penetration. “This funding is a milestone for InnoveBots AI, and it reflects the confidence investors have in our mission to democratize AI tools,” mentioned Kaushik.
Yatendra is not any stranger to entrepreneurial luck. He’s additionally the founding father of TechNet Ventures, a thriving LMS (Studying Control Device) corporate that he bootstrapped in 2021. Nowadays, TechNet Ventures is a eminent participant within the edtech territory, known for its leading edge answers and constant expansion.
Reflecting on his advance, Kaushik remarked, “Building TechNet Ventures taught me the importance of delivering value through technology. With InnoveBots AI, we aim to go a step further by bringing AI-powered tools to the fingertips of users worldwide.”
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