Wednesday, May 29, 2024
ad
HomeNewsTuringMinds, an AI-as-a-Service Platform by upGrad, Receives ₹30cr as Investment from the...

TuringMinds, an AI-as-a-Service Platform by upGrad, Receives ₹30cr as Investment from the Parent Company

EdTech giant upGrad invested a considerable sum, ₹30cr, in its AI-as-a-Service platform TuringMinds. upGrad founded TuringMinds last year to offer corporate training and upskilling in artificial intelligence and machine learning, AI-as-a-Service (AIaaS), and HR solutions for businesses. 

As per upGrad, TuringMinds will enable over 50 prototypes of AI-based products and services each year, including 8/10 portals, within the next eight months. Prof Anuradha Sharma, President of TuringMinds, said, “TuringMinds specialises in taking an idea, quickly building prototypes and accelerators (Apps), testing them with the industry, and picking the cherries among them.”

Read More: Poe: a New AI Platform Launched by Quora for Answering Questions

Currently, TuringMinds operates with over 15 facilities spread across India, USA, Europe, the UK, and the Middle East; with over 250 product engineers. Dr. Dakshinamurthy V Kolluru, the CEO of TuringMinds, said that the company has always had an industry-centric DNA and seeks for opportunities to leverage its expertise. 

upGrad also invested heavily in Harappa Education in July this year. The edtech company focuses on developing its LifeLongLearning suite and hiring more doctorate holders to enhance its full-fledged marketable products.

Subscribe to our newsletter

Subscribe and never miss out on such trending AI-related articles.

We will never sell your data

Join our WhatsApp Channel and Discord Server to be a part of an engaging community.

Disha Chopra
Disha Chopra
Disha Chopra is a content enthusiast! She is an Economics graduate pursuing her PG in the same field along with Data Sciences. Disha enjoys the ever-demanding world of content and the flexibility that comes with it. She can be found listening to music or simply asleep when not working!

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular