City
Epaper

Louisa AI secures $5 mn funding to enhance its tech

By IANS | Updated: March 6, 2024 14:00 IST

New Delhi, March 6 Artificial intelligence (AI) powered platform Louisa AI on Wednesday announced that it has secured ...

Open in App

New Delhi, March 6 Artificial intelligence (AI) powered platform Louisa AI on Wednesday announced that it has secured $5 million in seed funding to enhance its technology designed to systematise “serendipity” in professional settings.

The seed funding round attracted support from Oxford University’s investment arms, a number of early-stage venture capitalists such as Palm Drive VC, Evolution VC, Nucleus VC and Gaingels, and ex-Goldman Sachs partners, colleagues, clients, friends and family offices, the company said.

"With this funding, Louisa AI is set to expand its capabilities and reach, demonstrating the power of AI in creating serendipitous business opportunities that might otherwise go unnoticed," Rohan Doctor, Founder of Louisa AI, said in a statement.

"Our goal is to make the 'lucky' encounters that drive business success, a systematised, repeatable process," he added.

With this new funding, the company aims to broaden its reach and capabilities, increasing its impact on B2B SaaS partnerships across various industries.

"With Louisa AI, we’re thrilled to unlock these network benefits, offering my circle early insights and a chance to capitalise on this revolutionary platform. It's more than just investment; it's about setting a new standard for how businesses engage, innovate, and flourish," said US-based Venture Capitalist, Sandiip Bhammer.

Louisa AI systematises serendipity by leveraging network effects, transforming sales enablement and deal-making across industries.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

TechnologyDemand for AI governance, cybersecurity roles in India shows a notable surge: Report

BusinessDemand for AI governance, cybersecurity roles in India shows a notable surge: Report

NationalBengal court sentences three to life imprisonment in murder of Trinamool councillor

NationalDemand for AI governance, cybersecurity roles in India shows a notable surge: Report

NationalManipur: Security tightened in Bishnupur after unidentified attackers open fire

Technology Realted Stories

TechnologyGovt leveraging geospatial tech as national asset for Viksit Bharat: Jitendra Singh

TechnologyIndia’s FY26 GDP growth expected to be at 7.5 pc amid resilient domestic demand

TechnologyNeed robust One Health approach, effective preparedness to combat future pandemics: Dr. Rajiv Bahl

TechnologyIndia, Argentina to boost bilateral agricultural research, technology exchange

TechnologyIndia-Oman free trade pact to unlock opportunities in key sectors: Piyush Goyal