Funding alert
- ToStartup story | May 13, 2023
Instaminates, which develops an innovative AI-driven conferencing tool that efficiently summarizes meetings, has raised $500,000 in a seed round funded by India Quotient.
InstaMinute aims to solve the time management and coordination challenges faced in virtual and online meetings in the post-pandemic era. The company offers secure solutions that incorporate artificial intelligence and machine learning capabilities to achieve this goal. Built using the ChatGPT4 architecture, Instaminates uses real-time conversation analytics to create summaries of key points, action items, and decisions reached during meetings.
Co-founded by IIT Roorkee alumni Shivam Gupta and IIT Kanpur alumni Akshat Anand, Insta minutes provides customized solutions for tech start-ups looking to boost productivity. The platform seamlessly integrates key functions, promotes team cohesion and ensures effective coordination even in remote work environments.
According to Insta minutes CEO Shivam Gupta, “The company’s ultimate goal is to develop the world’s first trainable AI work assistant.” We envision Instamins as a customized version of ChatGPT that can be trained and fine-tuned.”
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