Course5 Intelligence Secures $28 Million Investment for Data Analytics and AI Startup

• ByStartupStory     |    May 19, 2023

Course5 Intelligence, a burgeoning startup specializing in data analytics and artificial intelligence, has recently secured a substantial funding amount of $28 million from 360 ONE Asset Management. “This funding will enable us to continue to invest in augmenting our value proposition for our clients,” Ashwin Mittal, MD & CEO, Course5 Intelligence told DTNext. 

Course5 Intelligence has successfully raised the initial tranche of $28 million as part of its ongoing funding round, which is projected to reach a total of $55 million within the next 3-4 weeks. This significant investment has led to the valuation of the startup at approximately $250 million. With Ashwin Mittal at the helm as Managing Director and CEO, Course5 Intelligence, established in 2000 and headquartered in Mumbai, is actively working towards executing its anticipated INR 600 crore initial public offering (IPO) in the next 18-24 months, according to reports.

In a noteworthy development earlier this year, Course5 Intelligence revealed its plans to integrate OpenAI’s GPT model into its cutting-edge AI-powered Augmented Analytics platform, Course5 Discovery, as well as its Competitive & Market Intelligence platform, Course5 Compete.

By incorporating OpenAI’s GPT model, Course5 Intelligence seeks to bolster its current context-aware dialogue management and cognitive semantic search functionalities. The primary objective is to empower users with the ability to interact with structured and tabular data, enabling them to effortlessly obtain insights in natural language for swift decision-making. The widespread adoption of AI tools across various sectors, including medical and data analysis, highlights the pervasive influence of AI in today’s market.

Writing for Inc42, Santhosh Reddy, cofounder & MD at ShakeDeal stated, “API integration to the data sources, such as enterprise resource planning systems, customer relationship management platforms, inventory management software, and other relevant applications, can provide the necessary data to ChatGPT for analysis.”

However, he also added that for ChatGPT to operate effectively, huge volumes of high-quality data needs to be fed. “Only precise or complete data can lead to correct analyses…” he added.

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