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Forget unicorns, ride the dragons: AI startups poised to soar in 2024 There are special opportunities and challenges for aspiring AI startup founders. A strategy plan encompassing technological development, finance approaches, and market research is necessary to establish a profitable artificial intelligence firm.

Gujarat, once known primarily for its traditional industries, has now witnessed a remarkable transformation, boasting over 900 patents filed by startups a testament to the sector s burgeoning innovation. This phenomenal growth is no accident. In 2015, Gujarat harboured only 25 fledgling startups.

Edtech startup ConveGenius snags $7 mn; Fireside ups bet on The Baker s Dozen Sneh Jain, cofounder, The Baker s Dozen Edtech startup ConveGenuis and bakery brand The Baker s Dozen secured early-stage funding, the companies said on Thursday. Artificial intelligence (AI)based edtech startup ConveGenius has raised $7 million (Rs 58 crore) in a funding round from a host of investors including UBS Optimus Foundation and Mount Judi Ventures.

Edtech company ConveGenius has raised $7 million (about Rs 58 crore) in a Series A round coled by UBS Optimus Foundation and Mount Judi Ventures. The round also witnessed the participation of its existing investors Michael & Susan Dell Foundation, Bace Capital, Heritas Capital and Gray Matters Capital.

Kaushal Shah is the Managing Director & Head ECM at Kotak Investment Banking Kaushal Shah, managing director & head ECM, Kotak Investment Banking, expects 2024 to be even busier for the primary market that the year gone by during which at least 54 initial public offerings (IPOs) were launched.

A Delhi based artificial intelligence startup Kamoto.ai has unlocked revenue generation through its advanced generative AI technology. The company, in partnership with Bollywood actress Sunny Leone, achieved a remarkable feat amid the transpiring technological advancements in the entertainment domain.

U.S. venture capital firm Andreessen Horowitz has backed London based insurance startup Hyper exponential in a $73 million funding round, the insurance software company said on Thursday. There is still appetite for businesses that are doing very well, that are self-sustaining, and are growing. We are fortunate enough to fall into that group, Hyper exponential s cofounder and CEO Amrit Santhirasenan said.

The AI based global admissions startup, Ambitio, which helps students in pursuing higher education abroad, on Tuesday announced its preseed round of Rs 1.55 crore. The funding comes from investors, including First Cheque, a couple of soonicorn founders, and angel investors from the US and India.

Elevate Your Tech Prowess with HighValue Skill Courses Offering College Course Website Northwestern University Kellogg Post Graduate Certificate in Product Management Visit IIT Delhi IITD Certificate Programme in Data Science & Machine Learning Visit MIT MIT Technology Leadership and Innovation Visit Fresh produce supply chain startup Ninjacart has reported a 19% rise in operating revenues to Rs 1,153.

Indian fintech s sector may be over the hump having learnt to navigate regulatory and market uncertainties and training its focus on profitability, allowing for companies in the space to consider listing on stock exchanges, said panellists at the Mint Annual BFSI Summit.