menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

GenAI star...
source image

Startup Pedia

1d

read

184

img
dot

Image Credit: Startup Pedia

GenAI startup subtl.ai shuts down for inability to raise fresh funds

  • GenAI-focused startup subtl.ai, after raising $200K from angel investors, has shut down due to inability to raise fresh funds.
  • Cofounder and CEO Vishnu Ramesh cited lack of market focus and infra GTM as key reasons for the shutdown.
  • Started in 2019, subtl.ai aimed to leverage GenAI for optimizing information discovery for enterprises, including SBI and defense contracts.
  • Despite achievements like 92% accuracy in information retrieval for SBI, the startup faced challenges in sustaining its operations in a competitive market.

Read Full Article

like

Like

For uninterrupted reading, download the app