CNBCTV18

IIFL Fintech Fund buys 10% stake in generative AI startup Vitra.Ai

IIFL fintech fund – backed by diversified financial services conglomerate IIFL Group – on Tuesday (July 30) announced that it has made its first investment in a generative AI startup - Vitra.ai.

BWDISRUPT

IIFL Fintech Fund Buys 10% Stake In Generative AI Startup Vitra.Ai

The funding infusion by IIFL represents a significant milestone in our journey to pursue technological excellence and global connectivity. We plan to use the fund for expansion of our business to newer geographies" Said Akash Nidhi, Co-founder, Vitra.ai

BUSINESSWORLD

IIFL Fintech Fund Picks Up 10% Stake In Gen AI Startup Vitra.Ai

Vitra.ai is already working with large Indian companies like HDFC Bank, ICICI Bank, Bajaj Finserv, Swiggy, Zepto for their language translation needs

INC42

IIFL Fintech Fund Picks Up 10% Stake In GenAI Startup Vitra.ai

The startup specialises in advanced language translation, helping creators and businesses leverage the power of GenAI to translate videos, images, podcasts and text to over 75 languages

EQUITYPANDIT

IIFL Fintech Fund Takes 10% Stake in GenAI Startup Vitra.ai

Financial services conglomerate IIFL Group backed IIFL Fintech Fund on 30 July and announced that they have made their first investment in Vitra.ai, which is a generative AI startup.

ENTREPRENEUR

IIFL Fintech Fund Takes 10% Stake in GenAI Startup Vitra.ai

This investment is aimed at further developing Vitra.ai's innovative generative AI technology.

VCCIRCLE

Two Generative AI Firms, Two Others Secure Early-Stage Funding

This investment will aid the company in further developing its Generative AI technology.

Times Of India

T-Hub & Hexagon roll out new LAB32 cohort

Express Computer

T-Hub and Hexagon selects 12 startups for LAB32 Cohort, driving innovation in AI and digital reality

T-Hub, announced the launch of a new cohort of its flagship program, LAB32, in collaboration with Hexagon. The program, spanning 100 days, will focus on Digital Twin, Real-Time language translation, and predictive maintenance using AI models.