Stellaris Venture bets big on AI-as-a-service

Stellaris Venture Partners, an early backer in firms such as Whatfix, Mamaearth, Propelld, Kiwi, Zouk, Dashtoon, Slintel and Nestasia, among others, is looking to invest in artificial intelligence-as-a-service (AIaaS) startups. These startups follow a cloud-based delivery model that rents out ready-made AI tools, application programming interface (APIs) and models to businesses, so they need not build them from scratch.