New Delhi, Nov 21 (PTI) AI research startup Redrob on Friday said it has raised USD 10 million (Rs 88.7 crore) in a Series A financing round led by Korea Investment Partners.
This brings Redrob’s total funds raised to date to USD 14 million, following its earlier seed round of USD 4 million in 2023.
The funding round also saw participation from KB Investment, Kiwoom Investment, Korea Development Bank Capital, Daekyo Investment, and DS & Partners, according to a company statement.
With the fresh capital, Redrob plans to advance its technology by refining its machine learning architecture to achieve a targeted 50-fold reduction in costs.
The company also aims to develop language models tailored for India, covering all 22 officially recognised constitutional languages, and deliver a compr

News 18 India

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