Bengaluru – Turbostart today invited early-stage AI company founders and idea-driven business owners to participate in its Innovation Challenge. Turbostart will invite 10 businesses to pitch in honor of its fourth anniversary and its ongoing dedication to promoting innovation in artificial intelligence after carefully reviewing the applications. One startup from each of the following three major themes will be chosen from the top three to receive an investment of up to INR 1 Cr.
- Design-Development-Delivery, emphasizing AI-driven user interface and user experience (UI/UX), code generation, tailored user experiences, and customer success
- Efficiency & Productivity, which includes AI apps for personal assistants, legal documents, HR tasks, and the creation of financial reports.
- Marketing and communications: taking a look at customer personas, content development, and marketing using AI in art and design
On Monday, August 14, 2023, the Turbostart website will begin an application period for startups to take part in the forthcoming Turbostart Innovation Challenge. Participants will have ample time to present their ground-breaking AI ideas because the submissions will be accepted until August 23rd, 2023. Additionally, on September 1st in Bengaluru, Turbostart will move on with a multilayer selection procedure that includes a grand jury panel.
Ganesh Raju, founder and CEO of Turbostart, commented on the significance of the problem and its effect on AI innovation. He said, “Artificial intelligence (AI), and more recently, generative AI, has emerged as a big catalyst in the corporate sector. Turbostart has long been at the forefront of developing creative minds and turning ground-breaking concepts into profitable ventures. As we celebrate our fourth anniversary, we want to find innovative AI-driven business ideas and entrepreneurs, expanding our commitment to promoting technology advancement in the business ecosystem. Turbostart has made investments in about 30 firms over the past four years, including deep-tech AI startups like Sivi.ai, Argoid, Sciative, and others.