AI Startup of 16-Year-Old Indian Girl Hits Rs 100 Crore Valuation

A 16-year-old prodigy from India, Pranjali Awasthi, has ventured into the technology sector with Delv.AI, a startup focused on enhancing data extraction methods for research purposes. Ms. Awasthi founded the company in January 2022 and has successfully secured $450,000 (equivalent to Rs 3.7 crore) in funding. She leads a team of approximately 10 employees.

Her journey with technology started young, and she has credited her father, an engineer as the primary source of inspiration for her entrepreneurial journey. She told Business Insider that her father’s passion and values encouraged her to get into coding when she was 7. 

At 11,Pranjali Awasthi relocated to Florida, unlocking her passion for computer science and competitive math,as she shared with the media.

At the age of 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. 

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In 2021, Pranjali earned a spot in a Miami-based AI startup accelerator

In 2021, Pranjali earned a spot in a Miami-based AI startup accelerator led by tech enthusiasts Lucy Guo and Dave Fontenot of Backend Capital. She joined their 12-week September cohort, offering a share of her future company in return.

She momentarily stepped away from high school. The accelerator became the launchpad and helped her in attracting 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 Rs 3.7 crore) in funding and currently boasts an approximate valuation of $12 million (Rs 100 crore).

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