![](https://viestories.com/wp-content/uploads/2024/07/Devnagri-Raises-Undisclosed-Amount-in-a-Pre-Series-A-Funding-Round-from-Inflection-Point-Ventures.webp)
Devnagri is a Gen-AI company that personalizes business communication for non-English speakers by deploying advanced Natural language processing (NLP) and Small Language Models (SLM) models into private and government infrastructures.
Funds to be allocated for marketing & sales, technology enhancement, R&D, infrastructure, and administrative expenses So far, Inflection Point Ventures has invested over INR 720 Cr across 200+ startups.
Devnagri, a Gen-AI company that personalizes business communication for non-English speakers raised an undisclosed amount in a Pre-Series A Round led by Inflection Point Ventures. Funds will be allocated to marketing, sales, technology scaling, R&D, infrastructure and administrative expenses.
Devnagri specializes in personalizing business communication to cater to non-English speakers, making it hyper-local and more accessible. By leveraging advanced NLP and SLM models, Devnagri excels in contextualizing and personalizing content, seamlessly integrating their technology into both private and government infrastructures. Their innovative solutions address the unique linguistic needs of diverse audiences, enhancing communication and engagement.
Read also – Neo Secures $4 Mn Fresh Funding Round
Their innovative solutions, utilizing GenAI and SLMs, enable businesses to scale operations efficiently to Tier II and Tier III cities. This cost-effective approach broadens reach and engagement, helping companies tap into new markets and expand their presence across India.
Devnagri has garnered multiple prestigious awards both in India and globally, highlighting their innovative contributions. Their accolades include the TieCon Award 2024 in San Francisco, the Graham Bell Award 2023, a feature in the special edition of Shark Tank India 2022, and recognition as NASSCOM’s Emerging NLP Startup of India.
The opportunity market for Devnagri is valued at $100 Billion Globally by 2030 ($53 Billion in India growing at a CAGR of 6.7%) which keeps on growing with the growth of all content-rich industries. As the language industry is just getting form in India, it will further create sub-industries and will change the way of communication for everyone
Nakul Kundra, Co-Founder, Devnagri, says, “Communication is for the Receiver” Hence, Law of Attraction will only work when business communicates well with their audiences. As part of the vision, we are focussed on our approach of creating a layer of Hyper Local communication to enable the businesses to communicate with their customers in their language. Taking a step forward, we are moving towards offering the enterprises and Government departments with a private cloud infrastructure, to maintain their ownership on their content and by keeping the LLMs/SLMs trained with every usage by the customer. “Privatisation of Business Communication” is the need of an hour.”
About Devnagri
Devnagri is a Gen-AI company, that personalizes business communication and makes it hyper-local to attract non-English speakers. The company was founded in the year 2019 – operational in 2021 by Nakul Kundra and Himanshu Sharma.
Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:
Startup Success Stories: Discover inspiring tales of startups overcoming challenges and achieving success.
Funding Startup News: Stay updated with the latest news and trends in startup funding and investment.
Startup Insights: Dive into in-depth analyses of various industries and market trends to make informed business decisions.