Andrew Ng’s AI Fund has announced its first investment in India, backing Gurugram-based AI healthcare startup Jivi. The AI-focused venture capital fund, known for its investments in tech-driven startups, has chosen Jivi as its entry point into India’s rapidly growing AI market.
Jivi, an AI-powered platform, assists healthcare providers by suggesting potential diagnoses, generating health reports, and performing various administrative tasks, according to the fund’s statement.
While the exact amount invested in the startup or the stake purchased was not disclosed, the move underscores AI Fund’s commitment to expanding its portfolio in the healthcare domain.
Ankur Jain, the former chief product officer of BharatPe, left the fintech giant last year to pursue ventures in AI and healthcare. Alongside G V Sanjay Reddy, chairman of Reddy Ventures, he co-founded Jivi.ai, marking Jain’s second entrepreneurial endeavor.
With a strong background in AI and machine learning, Jain founded Jivi in January 2024. Just months after its …