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Turbostart announces winners of AI Innovation challenge; to offer investment up to Rs 1 crore

Founded in 2019, Turbostart is a global fund and accelerator that selects exceptional early-stage startups.

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(L-R) Brij Singh, Ravi Rao, Venkatesh Adavi, Niranjan Chaoji

(L-R) Brij Singh, Ravi Rao, Venkatesh Adavi, Niranjan Chaoji

Turbostart today announced the four winners of its AI Innovation Challenge. After a tough selection process, 12 startups pitched their ideas, with four winning the challenge and selected as eligible recipients for investments of up to Rs 1 crore.

The four early-stage AI-based startups who made the cut are:

  1. Augmatrix- an AI platform that simplifies AI with pre-built components, MLOps integration, and a model marketplace for effortless AI adoption,
  2. Skille AI operates a personalized tech learning platform that tailors hands-on content to users' experiences, goals, and time constraints, 
  3. Pixage has developed a marketing analytics tool that integrates with all major advertisement platforms to provide insight into campaigns that drive performance scale and 
  4. Autoflow builds AI for automating app testing, The tool identifies app flows, generates test cases, and aids in code improvement. It provides a visual interface that adapts to code changes and assists in debugging and optimizing test performance.

Venkat Raju, Global CEO of Turbostart, said, “With Generative AI being the buzzword, it is important to unearth truly disruptive and differentiated AI startups backed by founders with domain insights and deep (AI) expertise. We are pleased to have some gems as part of this challenge.”

Sahil Chaudhary, Founder, Autoflow talking about the Innovation Challenge, said, “It was an enriching experience. The pitching process was quite smooth and I got a chance to interact with a lot of visionaries.”

Co-founders of Skille AI, Jeevankur Talukdar and Sudeep Sharma elated with the opportunity said, “It was amazing meeting the panelist and sharing our vision with them. Really appreciate the opportunity and process.”

Turbostart launched its AI Innovation Challenge in mid-August 2023 for founders of early-stage AI startups and idea-driven entrepreneurs.

Founded in 2019, Turbostart is a global fund and accelerator that selects exceptional early-stage startups. The fund said that it uses a unique cohort system to regularly choose the best ventures worldwide. Instead of offering generic short-term support like many others, Turbostart provides customized, long-term guidance, it said.

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