Course5 Intelligence, an analytics and AI solutions company, announced that it has secured $55 million in funding. The funds will be utilized for specific acquisitions and to increase investments in areas such as deep learning, computer vision, natural language processing, and generative AI.
Course5 received a $28 million investment in their latest funding round, with 360 ONE Asset's tech fund leading the investment, as per reported by media reports.
Read also - Suadat Ahmad Kirmani Joins IndusLaw as Partner, Enhancing Disputes Practice
"Course5's growth and client wins are largely due to our focus on building a world-class talent pool, driving innovation through our AI Labs, and creating business impact through the work we do," said Ashwin Mittal, Chairman and CEO of Course5 Intelligence.
"This funding will enable us to continue to invest in augmenting our value proposition for our clients," he added.
Course5 Intelligence has successfully integrated its enterprise analytics platforms with OpenAI's GPT models, enabling enterprises to swiftly harness the latest technological advancements in generative AI. This integration empowers businesses to leverage these cutting-edge tools effectively.
Read also - Pepper Advantage Acquires Rieom.Ai Credit Management Firm
"Course5 has emerged as a leading data analytics and insights player with strong IP-led solutions and deep domain knowledge across technology, media and telecom, life sciences, consumer packaged goods, and retail," said Chetan Naik, Fund Manager, and Senior EVP at 360 ONE Asset.
Across its various businesses, 360 ONE Asset manages cumulative assets under management (AUM) exceeding Rs 58,000 crore.
About Course5 Intelligence
Artificial intelligence ("AI"), advanced analytics, and insights are the main areas of concentration for Course5 Intelligence Limited ("Course5"), which focuses on assisting organisations with driving digital transformation. With the use of cutting-edge technology, industry-specific domain expertise, and AI-driven products and solutions, Course5 aims to empower organisations to solve difficult problems pertaining to their consumers, markets, and supply chains quickly and effectively.
Read also - Stylework & FICCI’s partnership paves way for new era of workspace innovation