The Indian government has introduced over 50+ startup schemes in past few years. Each startup scheme is missioned towards boosting the Indian startup ecosystem.
Data is valuable â if you know how to access it and reap the insights from it. Thatâs whereÂ MachinifyÂ comes in. The artificial intelligence company just raised a $10 million Series A round led by Battery Ventures with participation from GV and Matrix Partners.
âOur core notion is that today, enterprises are collecting a ton of data,âÂ MachinifyÂ Â founder and CEO Prasanna Ganesan told TechCrunch. âBut if you look at how many of them are successful in turning it into smarter decision-making to drive efficiency, very few companies are succeeding.â