Telangana Today
Telangana Today

IIIT Technology Venture Partners invests in two startups

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Hyderabad: IIIT Technology Venture Partners invested in two artificial intelligence (AI)-based startups - DaveAi and Stack Finance. It invested Rs 20 lakh each in DaveAi, a Bengaluru-based AI sales augmentation platform and Stack Finance, a Delhi-based startup that helps people know about their spending.

Dave.Ai's platform is used by brands to create sales experiences on the web, virtual reality, and augmented reality. The startup, founded in 2016 by Dr Ananthakrishnan Gopal, Ashok Balasundaram and Sriram P H, has also received funding from Mumbai Angels, and participation from GHVAccelerator and Mohan Kumar, CEO of Crestere Technologies.

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