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Delv AI, launched by a young entrepreneur, receives ₹3.7 crore funding

Here is everything you need to know about the new AI tool

byOnur Demirkol
October 11, 2023
in Artificial Intelligence

Young prodigy Pranjali Awasthi, aged just sixteen, has captured the attention of investors with her innovative artificial intelligence (AI) startup, Delv AI. This Florida-based venture, which came to life in January 2022, has recently raised an impressive ₹3.7 crore in funding, marking a significant milestone in Pranjali’s entrepreneurial journey.

Delv AI: Pioneering AI solutions for data extraction

Delv AI, at the core of this burgeoning firm, is on a quest to improve data extraction and say goodbye to data silos. Pranjali’s mission is to provide a key tool for researchers, facilitating their access to particular information amid the huge terrain of internet resources, with a dedicated team of up to 10 personnel.

Pranjali’s journey into the world of coding began at the age of seven, owing to the assistance of her engineer father. Her interest in computer science grew after she relocated to Florida, United States, at the age of 11. This move provided several options, such as computer science studies and involvement in competitive math programs.

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Delv AI
Here is the homepage of the tool (Image Credit)

Pranjali began an internship at Florida International University’s research lab when she was 13 years old. This priceless encounter marked the start of her entrepreneurial pursuits. Though disruptive, the COVID-19 epidemic offered her with a once-in-a-lifetime chance to devote around 20 hours per week to her internship. Pranjali engaged herself in the complexities of machine learning projects at this time.

Her path finally took her to Backend Capital’s AI startup accelerator in Miami, where she was mentored by industry experts Lucy Guo and Dave Fontenot. The beta launch of Delv AI on Product Hunt, a software-sharing site, was a huge success. This achievement resulted in investments from On Deck and Village Global, driving Delv AI to a $12 million value.

Content creation is simpler than ever with Steve AI

Pranjali, the founder of the tool, wears multiple hats. She is in charge of coding, operations, and customer support, displaying her unshakable dedication to the success of her firm. Although she has postponed her college plans in order to focus on her growing business, Pranjali is open to furthering her studies in the future in order to get essential business skills.

16-year-old girl AI company: What is Delv AI?

Delv AI is an innovative AI-powered platform that specializes in enhancing data extraction processes. Its core objective is to eliminate data silos and facilitate efficient access to specific information for researchers within the vast landscape of online content.

Delv AI
Data extraction software can be very useful for certain enterprises (Image Credit)

Delv AI features

  1. Document Compatibility: Delv AI can read textual PDFs and TXT documents efficiently, making it a versatile tool for research and data extraction.
  2. Scanned PDFs: Unfortunately, Delv AI does not currently support the reading of scanned (non-textual) PDFs. However, they have plans to add this feature in the future.
  3. Data Extraction: Delv AI specializes in extracting qualitative data from documents, and they plan to expand their capabilities to include quantitative data analysis in the future.
  4. Multiple Document Queries: Delv AI allows you to query multiple documents simultaneously, streamlining literature reviews and research tasks.
  5. Cloud Integration: You can seamlessly integrate Delv AI with your cloud drive, ensuring easy access and management of your research documents.
  6. Fields of Research: Delv AI is designed to cater to researchers from all fields, continually improving its understanding of your research to provide smarter insights.
  7. Data Privacy: Your data’s privacy is a top priority for Delv AI; they do not sell your information and adhere to a strict privacy policy.
  8. Export Results: Delv AI enables you to export your results in a convenient CSV file format.

How to use Delv AI

Using the tool is very easy as you just have to sign up to the website and follow the very simple structure. Below, you will find a step-by-step guide:

  1. Go to the official website.
  2. Click Log in.
  3. Click on Auth0.
  4. Continue with Google.
  5. Select your Google account.
  6. Upload a PDF.
  7. Ask questions or get the summary of your PDF!
Delv AI
Here is a breakdown of the pricing plans (Image Credit)

Delv AI pricing

You can pick from three different tiers, and luckily, there is a free subscription tier that lets you try out the tool. If you are convinced and want to pay a fee to use more features, you can subscribe to the “Standard” plan, which is $10 a month. If you are a company and want to implement the tool into your company’s system, you need to book a call for the “Enterprise” plan. Here is a full breakdown:

  • Free plan: $0
  • Standard plan: $10
  • Enterprise plan: N/A

With Delv AI, Pranjali Awasthi has brought an innovative solution to the world of data extraction and AI-driven research assistance. By simplifying access to specific information and reducing the time spent processing data, Delv AI has the potential to democratize access to fine-tuned AI assistance, revolutionizing the way researchers conduct their work. This young entrepreneur’s journey is a testament to the power of passion, dedication, and innovation, and it promises a brighter future for the world of AI and research.

Featured image credit: Delv AI

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