According to an official release, Yantra Tech Innovation Labs Pvt Ltd. (Yantra), a management and technology services provider, announced its plans to invest Rs. 100 crore in India’s Gen AI market.
“Businesses are increasingly adopting cloud platforms and integrating generative AI can bring automation of repetitive tasks, data-informed decision-making, and enhanced efficiency. GenAI can benefit large corporations and SMEs, across various industries and verticals like finance and accounting, HR, supply chain and operations, sales and marketing, and customer support,” Vikram Bhandari, founder and CEO, of Yantra, explained.
Yantra’s INR 100 Crore investment in India’s GenAI market is expected to upgrade artificial intelligence potential. This investment plans to expand service offerings and enhance the capabilities of Yantra’s Centre of Excellence in Pune. Yantra looks forward to welcoming fresh perspectives that can play a role in shaping the future of GenAI in India.
“Amidst a slowly tightening job market, we see a strategic window to attract top talent. Significant investments in India’s GenAI market will drive broader technological advancements, fostering a potent ecosystem for stronger, more progressive organisations,” Rajesh Pawar, director of Indian operations, Yantra, concluded.
