DPhi raises funds from Switzerland-based investor Selcuk Boydak

Artificial intelligence (AI)-focused community platform DPhi has secured Rs 2.4 crore from Switzerland-based angel investor Selcuk Boydak.

The raised capital will be utilised to grow its community and expand its business model to democratise the use of AI and build a global marketplace for AI algorithms and solutions, DPhi said in a press release.

According to its website, DPhi is a global AI community which focuses on making AI education accessible to everyone and builds AI for good to solve key challenges of humanity. DPhi fostered AI-driven innovation among several leading companies and solved meaningful problems, including predicting earthquakes to save lives, safeguarding NFTs, and building an AI powered lens for the blind.

DPhi claims to provide free AI and data science courses by industry experts from large tech companies or startups worldwide. It claims that over 100K learners across 150 countries have benefited from its courses in the past two years. Adding further, the company will launch a global AI marketplace with ready-to-use AI solutions built by the best data scientists worldwide.

DPhi backers include Start it @KBC, Startup Chile, and Microsoft for Startups.