{"id":839609,"date":"2024-08-01T09:39:17","date_gmt":"2024-08-01T04:09:17","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=839609"},"modified":"2024-08-01T09:39:17","modified_gmt":"2024-08-01T04:09:17","slug":"iifl-fintech-fund-picks-up-10-stake-in-genai-startup-vitra","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/01\/iifl-fintech-fund-picks-up-10-stake-in-genai-startup-vitra\/","title":{"rendered":"IIFL Fintech Fund picks up 10% stake in GenAI startup Vitra"},"content":{"rendered":"<p>IIFL Fintech Fund \u2013 backed by diversified financial services conglomerate IIFL Group \u2013 has made its first investment in a generative AI startup &#8211; Vitra.ai, a firm specialising in advanced language translation solutions powered by Generative AI. IIFL Fintech Fund has picked up a 10% stake in Vitra.ai for an undisclosed amount.<\/p>\n<p>Vitra.ai has a patented technology model that helps revolutionise the way language translation is approached and delivered on a global scale. This investment will support the company in further developing its Generative AI technology.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IIFL Fintech Fund \u2013 backed by diversified financial services conglomerate IIFL Group \u2013 has made its first investment in a generative AI startup &#8211; Vitra.ai, a firm specialising in advanced language translation solutions powered by Generative AI. IIFL Fintech Fund has picked up a 10% stake in Vitra.ai for an undisclosed amount. Vitra.ai has a patented technology model that helps revolutionise the way language translation is approached and delivered on a global scale. This investment will support the company in further developing its Generative AI technology.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-839609","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/839609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=839609"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/839609\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=839609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=839609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=839609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}