16-year-old Indian Girl’s AI Startup, Now At Rs 100 Crores Valuation

Business Edited by Updated: Oct 11, 2023, 9:39 pm
16-year-old Indian Girl’s AI Startup, Now At Rs 100 Crores Valuation

16-year-old Indian Girl’s AI Startup, Now At Rs. 100 Crores Valuation(Image: Instagram)

Delv.AI launched by Pranjali Awasthi, the 16-year-old Indian girl in the year 2022, is currently valued at Rs. 100 crores. Delv.AI had raised funding to the tune of Rs. 3.7 crore and now stands at a valuation of Rs. 100 crores.

Pranjali’s walk with technology began at the young age of seven, said NDTV. She credits her father, an engineer as her source of motivation. On her entrepreneurial journey, she says her father’s values and passion has a good role in turning her into coding at seven, the Business Insider said. Delv.AI entered the technology sphere as a startup which works in refining the data extraction process for research. The company was launched in January 2022, raised Rs. 3.7 crore in funding and has a team of 10 members.

The world of computer science and competitive math welcomed her when she moved in to Florida along with her family at the age of eleven. At the age of 13, with school, she began interning with research labs at Florida Internal University. At the labs, she worked on projects to machine learning along with her schooling. In the times of covid, her internship went up to 20 hours a week as her school had gone virtual. It was during her internship days that she began to think about AI and how AI could resolve problems and this is how Delv.AI branched out from her thoughts.

In the year 2021, Pranjali ended at an AI startup accelerator in Miami, accepted for a twelve-week exchange in return for a piece of the future company she would raise. This space was provided by Backend Capital’s Lucy Guo and Dave Fontenot, both, tech enthusiasts.

As accelerator became her launchpad, she momentarily moved away from high school. She entrepreneurship began bringing in investments from known names such as On Deck and Village Global.

Delv.AI’s aim Pranjali said, was to help researchers with accessing the needed information available online.