Devnagri Honoured at the RAISE 2020, India’s biggest AI Solution Challenge for Indian startups

[:en]AI is known to have the potential to solve several societal challenges and be an assistant as the winds of Atma Nirbhar Bharat blow over the land. Hence, there is an urgent need to identify and encourage innovative AI solutions for the general public and the industry that may benefit from these. Not long ago, RAISE 2020, a five-day virtual global AI summit, was organized by the Ministry of Electronics and IT. Prime Minister Narendra Modi launched it on October 5, where the winners of the AI startup pitchfest were announced. 

The categories were varied and extensive, covering Education, Natural Language Processing, Agriculture, Healthcare, Smart Mobility, Transportation, and many others; the last-mentioned was for surfacing hybrids which confronted categorization. RAISE 2020 was thrilled to get a total of 299 applications, and the contest evaluation was further divided into stages; the Initial Screening Stage and the Jury Stage. Every entry was analyzed during a three-day marathon by the jury, including professionals from industry, academia, and the government, the AI Startup Pitchfest. 

All the 21 startups, including 15 winners and six special mentions, were shortlisted from around different fields. The top winners in every category received cash awards of Rs 20 lakh each. It is a well-organized event by the ministry and NITI Aayog as a part of the NDA government’s consistent support to tech entrepreneurs and startups by offering necessary exposure, recognition, and assistance. 

Among those 21 startups, Devnagri was also listed for its AI-powered translation platform. As one of the prestigious winners of RAISE 2020, they were thrilled and honoured to be among the top Indian AI startups chosen to present at RAISE 2020 by INDIAai in a session held by Shradha Sharma. The founder of Devnagri, Mr. Himanshu Sharma, talked about how translation at a large scale will help various businesses reach more than 600 million Indians in their respective languages. As India is a diverse country with several languages and dialects, AI-based solutions could successfully bridge the language barrier. 

According to Himanshu, there was a spike in the number of translator registrations during the pandemic period. The convenience of working from home and fewer prerequisites led to this outcome. In addition, many new translators are well-trained through online courses and webinars and acquire timely feedback that allows them to refine their skills.[:]