A spectacular achievement has been accomplished by Pranjali Awasthi, a 16-year-old prodigy from India. Under her leadership, the artificial intelligence business Delv.AI has flourished and is now estimated to be worth roughly Rs 100 crore ($12 million). During the event that took place during Miami Tech Week, Awasthi presented her business that is based in the United States. She disclosed that her company began operations in January 2022 and has been successful in raising $450,000 (about Rs 3.7 crore) in funding since 2021.
Awasthi attributes the impetus behind her decision to embark on a career in entrepreneurship to her father. The Delv.AI profile on LinkedIn already has the names of ten passionate individuals working for the company. Her father was an engineer, and he encouraged her early on to pursue a career in technology, specifically in the field of computer science education. According to an article that was published in Business Today, this early exposure, which began when she was just seven years old, laid the groundwork for her incredible career.
When Awasthi was 11 years old, her family moved to Florida, which presented her with fresh opportunities in terms of her schooling. This marked a turning point in her life’s journey. She also enrolled in some hard math programmes and computer science seminars at this institution. The beginning of her internship in the research labs at Florida International University marked the turning point in her life, which occurred when she was 13 years old.
She worked on research involving machine learning and attended a virtual high school because of the COVID-19 epidemic when she was enrolled in this internship. During this time period, the idea that would later become Delv.AI was conceived. The idea was to make use of AI in order to speed up the process of extracting and summarising research data.
Her participation in an artificial intelligence (AI) business accelerator in Miami, which was directed by Lucy Guo and Dave Fontenot of Backend Capital, served as the true impetus for the launch of her professional career. The fact that she was accepted into the programme exemplified her unyielding dedication to achieving her goals, which she did despite the fact that it meant she had to put her high school studies on hold for a while. She detailed the successful beta launch of Delv.AI, which took place on the American website Product Hunt, which is a forum for learning about new products.
The fundamental objective that Awasthi hopes to accomplish with Delv.AI is to provide assistance to researchers in efficiently gleaning precise information from the constantly expanding realm of online content. She received a great deal of assistance from the accelerator programme in the process of getting investments from On Deck and Village Global, which resulted in a total funding amount of $450,000 (about Rs 3.7 crore) and a current valuation of approximately $12 million (approximately Rs 100 crore).
Awasthi has decided to postpone her college plans in order to maintain her unflinching dedication to her company. This decision comes in spite of the fact that her Indian parents place a significant priority on schooling. She has every intention of going back to school in the not-too-distant future in order to improve her business acumen and provide her entrepreneurial endeavours an even stronger foundation. Awasthi controls a variety of areas while serving as the CEO of Delv.AI. These aspects include coding, operations, and customer service. Awasthi also leads a workforce that is quite small but very efficient.
