AI startup founded by a 16-year-old Indian prodigy is now valued at 100 Crore
By
siliconindia | Thursday, 12 October 2023, 23:38 Hrs
Indian prodigy Pranjali Awasthi, 16, has entered the technology world with her startup, Delv.AI, which is focused on improving the data extraction method for research. Ms. Awasthi started the company in January 2022, and funding totaling $450,000 (
3.7 crore) has already been secured. Ms. Awasthi manages a staff of up to ten people. She began working with technology when she was very young and attributed much of her entrepreneurial spirit to her engineer father. She said her father's values and passion inspired her to learn how to code when she was seven years old.
3.7 crore) has already been secured. Ms. Awasthi manages a staff of up to ten people. She began working with technology when she was very young and attributed much of her entrepreneurial spirit to her engineer father. She said her father's values and passion inspired her to learn how to code when she was seven years old.
She said that she moved to Florida with her family at age 11 from India, and the world of computer science and competitive math opened up for her. At 13, she started interning in university research labs at Florida Internal University, working on machine learning projects alongside going to school. During COVID, she used to intern for about 20 hours a week because her school had gone virtual. During her internship days, she started thinking about how AI could solve the problem, and the idea of Delv.AI came about.
In 2021, Pranjali won a place at an AI startup accelerator in Miami, facilitated by tech enthusiasts Lucy Guo and Dave Fontenot from Backend Capital. She was accepted into their September 12-week cohort in exchange for a small piece of her future company. She momentarily stepped away from high school. The accelerator became the launchpad and helped her attract investments from prominent names, including On Deck and Village Global. She explained that Delv.AI's primary objective is to aid researchers in accessing specific information within the realm of online content. Delv.AI raised $450,000 (approximately ? 3.7 crore) in funding and currently boasts an approximate valuation of $12 million (Rs 100 crore).

