Pragun Khaitan Plans to Invest 30 Crores in AI Based Startup
Pragun Khaitan, vice-chairman and managing director of Jindal Aluminium Ltd (JAL), the largest aluminium extruder in India, has recently announced his plan to invest in AI focused start-ups. JAL has always been at the cutting edge of technology since its inception in the year 1968. Over the past two years, the positive upsurge in start-ups focussed on AI based technology has encouraged JAL to fund start-ups focused on developing technologies that automate and improve the efficiency of manufacturing operations.
Today the emergence of technology based start-ups is the result of the dynamism and the entrepreneurial spirit that exists in India, making it an excellent opportunity for entrepreneurs as well as for investors. There is tremendous scope for deriving benefits from the technolo...