VC Fund Investments

Meetings summarising tool Instaminutes secures $500-K from India Quotient

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Bengaluru-headquartered Instaminutes, the creator of the eponymous AI-powered meeting tool that summarizes meetings, has raised USD 500,000 in a seed round from India Quotient. Instaminutes aims to bridge the time consumption and coordination gap experienced in virtual meetings and online conferences and provide a secure solution by integrating the power of artificial intelligence and machine learning. Developed using the ChatGPT4 architecture, the tool analyses conversations in real time and can generate a summary of key points, action items, and decisions made during the meetings. Co-founded by IIT alumni Shivam Gupta and Akshat Anand, Instaminutes offers tech startups a solution tailored to bring together the necessary features for optimal productivity, to ensure coordination within the team even in a remote setting.

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