AI to be major focus for data science, business intelligence in firms: PwC report

For-Budget-2017-IT-Sector-Story_ThinkstockPhotosArtificial intelligence will be available for mass adoption in the domains of data science (9.6%) and business intelligence (7.8%) in industries and organisations, a report by consulting firm PwC has stated. The report, titled ‘Artificial Intelligence and Robotics – 2017: Leveraging artificial intelligence and robotics for sustainable growth’, analysed the areas in public and private […]

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MakeMyTrip’s Kalra, Flipkart’s Binny Bansal & others back AI fund pi Ventures

pi VenturesEarly-stage venture fund pi Ventures has announced the first close of its maiden fund at $13 million, with technology entrepreneurs such as former Infosys CFO and Aarin Capital chairman TV Mohandas Pai, Flipkart’s Binny Bansal, MakeMyTrip’s Deep Kalra and Info Edge’s Sanjeev Bikchandani, and angel investor Bhupen Shah, backing it, among others. The fund has […]

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Med-tech startup SigTuple raises $5.8 mn from Accel, IDG Ventures, others

SigTupleMedical-technology startup SigTuple Technologies Pvt. Ltd has raised $5.8 million (around Rs 38.8 crore) in a Series A funding round led by Accel Partners with participation from IDG Ventures, Endiya Partners, pi Ventures, VH Capital and Axilor Partners. A number of angel investors, including Flipkart co-founders Sachin Bansal and Binny Bansal; and Amit Singhal, senior […]

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Energy management startup Zenatix raises $1.18 mn

Team ZenatixGurgaon-based Zenatix Solutions Pvt Ltd, an Internet of Things (IoT)-based energy management startup, has raised Rs 8 crore ($1.18 million) led by pi Ventures with participation from existing investor Blume Ventures. The current round of capital will be used primarily for hiring and also for international expansion over the next six to 12 months, the […]

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Wearable medical device startup ten3T raises funding from Pi Ventures

pexels-photo-28222Bengaluru-based medical wearable device startup ten3T has raised an undisclosed amount of funding in its angel round led by Pi Ventures. Co-founder of Qikwel V. Krishna Prasad, Sling Media co-founder Bhupen Shah and other angel investors also participated in the round. The funds will be deployed to beta test the company’s first wearable medical device […]

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LetsVenture​’s Manish Singhal​ launches new venture fund

Manish Singhal, Founding Partner, pi VenturesLetsVenture founder Manish Singhal is floating an early stage venture fund called Pi Ventures with entrepreneur Umakant Soni. Besides founding LetsVenture,an online networking platform for startups and investors, Singhal has invested in companies such as Ecosense, India College Search, GoCoop, AdSparx, Bluegape, Frrole, FlipClass and AdPushUp. An IIT Kanpur alumnus, he has earlier worked at […]

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