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TrueFoundry raises $2.3 million

Naval Ravikant, a co-founder of Angel List, and Eniac Ventures also took part in the fundraising round. The money will be used by TrueFoundry to develop new products as well as hire top IT personnel

September 20, 2022 11:42 IST | India Infoline News Service

TrueFoundry, a machine learning business, has raised $2.3 million in seed funding, with Sequoia India and Surge leading the charge.

Naval Ravikant, a co-founder of Angel List, and Eniac Ventures also took part in the fundraising round. The startup will use the funds to build new products as well as hire top IT personnel.

Abhishek Choudhary, Nikunj Bajaj, and angel investor Anuraag Gutgutia founded TrueFoundry in 2021 to give startups and small businesses the tools they need to deploy and analyze machine learning models at the same rate as large tech firms like Alphabet and Meta.

The company's technologies are platform-independent and are simple to integrate with servers like Tensorflow, Kubernetes, Google Cloud, and Amazon Web Services (AWS).

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