The startup will use the funds to accelerate product development and to grow the AI eco-system. This is the third time VentureNursery members have participated in the funding process, the statement added.
As part of the investment deal, Girish Shivani, fund manager at YourNest Angel, will join Arya.ai’s board.
“We are excited about the opportunities Arya.ai is creating in the way humans interact with machines. A modular platform, with ready to integrate modules can accelerate adoption of AI in day to day life and bring immense value to the end user,” Shivani said.
Founded in 2013 by two researchers from IIT Bombay, Vinay Kumar Sankarapu and Deekshith Marla, Arya.ai provides advanced AI tools offered as modules in ‘Language’, ‘Vision’, ‘Speech’ and ‘Reasoning’ for developers. They can start building AI computing systems by assembling the modules and giving the relevant knowledge base for the machine to learn.
“Using AI, developers can build applications that can solve most complex problems. However, the biggest pain point in building reliable AI applications is solving multiple challenges they encounter in the process,” said Kumar, founder and CEO of Arya.ai.
Arya.ai has been working with developers across verticals like travel, research, e-commerce, customer care, medicine and banking and will soon address other verticals like automobile, military and defence.