Blitz Bureau
NEW DELHI: Homegrown Generative AI (GenAI) startup Devnagri on July 25 said it has raised an undisclosed amount in a pre-Series A round led by Inflection Point Ventures. The B2B-focused Indian language translation startup said new funds will be allocated to marketing, sales, technology scaling, R&D, infrastructure and administrative expenses.
Devnagri offers personalised business communication to non-English speakers, making it hyper-local and more accessible. Co-founded by Nakul Kundra and Himanshu Sharma, it excels in contextualising and personalising content, seamlessly integrating its technology into both private and government infrastructures.
“We are moving towards offering the enterprises and government departments a private cloud infrastructure, to maintain their ownership of their content and by keeping the Natural language processing (NLP) and Small Language Models (SLM) trained with every usage by the customer,” said Kundra. Mitesh Shah, Co-Founder, Inflection Point Ventures said that in India, where more than 700 languages are spoken, translating it is a challenging task from the perspective of accuracy, context, and cultural nuances.
