Startup Table with AJ, Episode 6: Dwelling into the AI & Deeptech startups
Startup Table with AJ, a series hosted by Archana Jahagirdar, the founder and managing partner at Rukam Capital, a venture capital and equity partner firm known for its strategic investments in early-stage companies in consumer products sector, published its sixth episode on YouTube.
In this episode Archana Jahagirdar engaged with founders from AI and deep tech startups to discuss the significant hurdles they face in their entrepreneurial journeys.
Paras Madan, Founder of @cruxe_in emphasized that workforce acquisition is a major challenge for his business which is AI based Content Recommendation System that provides content ideas. He highlighted the difficulty in finding skilled talent necessary to drive growth and innovation within his startup.
Suryansham Tiwari, Founder of Finlead, who runs a Mergers and Acquisitions facilitation business for tech companies, shared that the most pressing issue he encounters is navigating the regulatory landscape and the evolving ecosystem within the Banking, Financial Services, and Insurance (BFSI) sector. He discussed how these regulatory challenges can hinder progress and adaptability.
Rahul Maroli, Founder of @Tap.Health pointed out that a significant obstacle for his startup is the lack of India-specific data sets related to disease diagnosis. This gap affects the accuracy and relevance of their solutions in the local context. Rahul is the founder of an AI-powered platform that provides preliminary illness diagnosis, personalized healthcare guidance and seamless connectivity with healthcare providers.
Vivek Gupta, Founder of Vijay AI addressed the challenge posed by inadequate technological infrastructure, which limits the potential for his startup to scale effectively and meet market demands.
Varun Mowar, Founder of FortifAI explained that his business struggles with receiving data that is often incomprehensible due to its complexity. This issue complicates their ability to derive actionable insights from the information available. Varun is the founder of a proprietary SAAS platform that automates suspicious transaction detection at an organisation level. This enables the Internal Audit teams and Management Assurance professionals to focus on acting before a fraud takes place.
Ravi Bharihoke, Founder of Enerjazz Tech, is building battery swapping network (like gasoline stations) for 2M+ commercial electric vehicles in India. Ravi echoed Paras’s sentiments regarding talent acquisition, stating that he too faced difficulties in securing the right talent necessary for his startup’s success.
This episode sheds light on the diverse challenges faced by AI and deep tech entrepreneurs, providing valuable insights into the realities of building innovative solutions in a competitive landscape.