{"id":65322,"date":"2025-02-04T06:06:37","date_gmt":"2025-02-04T06:06:37","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2025\/02\/04\/accel-backs-indian-ai-startup-building-chatgpt-for-presentations\/"},"modified":"2025-02-04T06:07:41","modified_gmt":"2025-02-04T06:07:41","slug":"accel-backs-indian-ai-startup-building-chatgpt-for-presentations","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2025\/02\/04\/accel-backs-indian-ai-startup-building-chatgpt-for-presentations\/","title":{"rendered":"Accel backs Indian AI startup building ‘ChatGPT for presentations’"},"content":{"rendered":"

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Presentations.ai<\/a>, an Indian startup that makes use of AI to assist firms shortly generate presentation decks, has raised $3 million in a seed spherical led by Accel to scale its software program that has emerged from beta after amassing thousands and thousands of customers.<\/p>\n

Displays are ubiquitous all through a work trip \u2014 whether or not a big company or a startup \u2014 to amass new prospects, replace traders, and talk milestones internally. But, companies nonetheless battle, spending hours cracking compelling displays, which is much more vital when concentrating on purchasers or traders.<\/p>\n

\u201cIndividuals battle to take the primary draft of a presentation,\u201d stated Sumanth Raghavendra, co-founder and CEO of Presenations.ai, in an unique interview.<\/p>\n

The Bengaluru-based startup has made that simpler with its AI-powered platform, utilized by over 5 million individuals worldwide since its public beta launch in 2023, in line with the corporate. \u201cWe wish to be the ChatGPT for presentation. Take into consideration making a presentation utilizing AI, utilizing that very same assemble that ChatGPT operates beneath,\u201d Raghavendra instructed TechCrunch.<\/p>\n

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Displays.ai crew, with Sumanth Raghavendra on the far proper within the second row (in a inexperienced shirt)<\/span>Picture Credit:<\/strong>Displays.ai<\/span><\/figcaption><\/figure>\n

Based in 2019, Displays.ai noticed ChatGPT\u2019s emergence in late 2022 because the second to return out of stealth and begin onboarding new customers. The startup amassed one million customers inside three months of its public beta and is presently making \u201cthousands and thousands of {dollars}\u201d in revenue, Raghavendra stated.<\/p>\n

Earlier than Displays.ai, Raghvendra based Deck App Applied sciences, which developed an app to assist individuals create enterprise content material utilizing smartphones. Nevertheless, he famous that the sooner enterprise had a \u201crestricted diploma of success\u201d as cellular units didn’t turn into an instrument to create content material aside from movies.<\/p>\n

Through the years, Raghvendra stated that his crew had created IPs round constructing displays that helped Displays.ai to emerge as a aggressive participant even within the crowded house the place each startups<\/a> and even big tech companies<\/a> like Google and Microsoft try to ease presentation-building utilizing generative AI.<\/p>\n

\u201cAs a result of now we have been doing this for therefore a few years, I\u2019m pretty assured that we’re far forward of anyone else, and the proof of the pudding for us is that quite a lot of customers who are available in pay us to make use of our software program. They’ve sometimes tried different rivals, together with no matter Google or Microsoft has,\u201d Raghvendra asserted.<\/p>\n

After gaining preliminary traction, the startup transitioned from a totally free expertise for beta testers right into a freemium providing in early 2024. Since then, Raghvendra instructed TechCrunch it has \u201ctens of hundreds\u201d of paying customers who pay for its service, beginning at an annual value of $200 per consumer within the U.S., with completely different tiers and localized pricing throughout markets.<\/p>\n

The startup makes use of \u201cfrontier\u201d LLMs together with its personal small language fashions created for particular duties, resembling deciding which chart most closely fits a selected subject. It additionally makes use of text-to-image fashions Flux and Secure Diffusion to assist customers shortly generate photographs for use within the displays with prompts.<\/p>\n

Displays.ai supplies instruments together with theme palettes and presentation kinds to generate decks primarily based on consumer preferences. It additionally provides options together with an AI-powered design assistant to create displays primarily based on completely different concepts, sharing and real-time sync, and multilingual help.<\/p>\n

Equally, the startup supplies model templates to match the type of customers\u2019 explicit manufacturers. It additionally lets individuals export their displays to a PowerPoint file for additional enhancing or as a PDF.<\/p>\n

Displays.ai particularly consists of \u201cguardrails\u201d to guarantee enterprise prospects it has a excessive bar in opposition to the competitors. These guardrails, Raghvendra stated, are constructed utilizing the info pipelines the startup has constructed over time to limit hallucination, the colloquial time period of AI-generated inaccurate or deceptive content material. The platform additionally lets enterprises prohibit entry to delicate information they don’t wish to be shared with different customers, such because the monetary data with the CFO that the front-line workers mustn’t entry.<\/p>\n

The startup additionally permits internet hosting a personal occasion of the software program. Moreover, it supplies organization-wide licenses to let staff collaborate on a selected presentation.<\/p>\n

Raghvendra instructed TechCrunch the startup plans to make use of the seed funding to launch a devoted presentation agent to create displays inside any software. It additionally plans to have an enterprise gross sales crew.<\/p>\n

Thus far, Raghvendra stated the startup has spent \u201czero\u201d on its advertising. Additionally, because it owns IPs, the manager stated its AI patent prices are comparatively decrease and have larger profitability margins than different startups enabling displays utilizing AI.<\/p>\n

The startup will get 20% of its revenues from the U.S. adopted by India. It additionally counts the U.Ok., Germany, Australia, Canada, and the Center East amongst its key markets. <\/p>\n

The seed spherical included participation from realized Indian entrepreneurs together with Paytm\u2019s Vijay Shekhar Sharma, CRED\u2019s Kunal Shah, Freshworks founder Girish Mathrubhootham, and RedBus\u2019 Phanindra Sama, amongst others.<\/p>\n<\/div>\n