Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times

IndiGo Ventures to invest in Indian firm Sarvam to expand AI use in aviation

IndiGo Ventures, the venture capital arm of IndiGo, will invest in Indian artificial intelligence company Sarvam as part of its Series B funding round, the airline said on Friday. The financial details of the investment were not disclosed.

The investment will build on the existing partnership between IndiGo and Sarvam, which has been focused on using artificial intelligence to improve customer experience, support employees and simplify complex operational processes across the airline.

Also Read: Will consider Air India's biz strategy, other factors before deciding on additional fund requests: Singapore Airlines

The companies plan to continue developing and assessing AI applications in areas including customer experience, employee productivity and airline operations. Successful applications could later be expanded across IndiGo's network.

The investment is aimed at creating a long-term platform for AI-driven innovation and improving operational efficiency at IndiGo.

Sarvam describes itself as a full-stack sovereign AI company based in India. Through the Series B investment, IndiGo Ventures will deepen its engagement with the company as both sides explore further enterprise applications of AI.

Also Read: Air India’s $1.5 billion funding ask sparks backlash in Singapore parliament

IndiGo Chief Digital and Information Officer Neetan Chopra said the partnership with Sarvam gives the airline access to advanced AI capabilities developed in India and designed for the needs of the local market.

"IndiGo brings the domain depth and scale needed to identify where AI can create real value. Together, we can develop systems that are useful in production and build a stronger template for enterprise AI in India," Sarvam Co-Founder Pratyush Kumar said.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.