Stellaris Venture Partners and Entrepreneur First Host 'AI for India' Generative AI Hackathon in Bengaluru
Bengaluru witnessed an exciting event last weekend as Stellaris Venture Partners and Entrepreneur First joined forces to organize a Generative AI Hackathon focused on building innovative solutions for India-specific use cases. The hackathon brought together developers, data scientists, and AI enthusiasts, attracting over 150 participants forming 60 teams to leverage AI and tackle India’s most pressing issues.
The hackathon received tremendous support from leading companies in the tech industry, including Whatfix, AWS, and LlamaIndex. These companies provided resources and expertise to help the participants in their quest to develop groundbreaking solutions using generative AI.
Alok Goyal, Partner at Stellaris Venture Partners, highlighted the potential of India’s talent pool in the Generative AI field, stating, “Generative AI is evolving at a rapid pace with each breakthrough unlocking boundless possibilities. We believe India’s talent pool is brimming with potential to solve some of our most complex challenges, and the hackathon was a testament to this depth of talent, their level of creativity, and technical prowess.”
Rahul Samat, Partner & India Head at Entrepreneur First, emphasized the importance of AI in India’s technology sector growth, stating, “Economic indicators point to a $1T valuation for India’s technology sector by 2030. We believe a substantial portion of this potential lies within the realm of AI. India may have missed the bus on manufacturing and Web 2.0, but it is imperative for us to seize the opportunity and establish ourselves as frontrunners in the AI landscape.”
The hackathon showcased an impressive range of projects that harnessed the power of Generative AI. Notable solutions included an emergency response application that quickly analyzes and prioritizes emergency calls, a generative video solution empowering Indian businesses to create personalized videos, and a platform for rural India providing access to crucial information on government schemes.
This Generative AI hackathon not only highlighted the immense talent and creativity in India but also demonstrated the potential for AI to address critical challenges specific to the country. Stellaris Venture Partners and Entrepreneur First’s collaborative effort aimed to discover and empower India’s most promising AI talent, providing them with early-stage support and fostering the growth of the AI landscape in the country.
