Infibeam Avenues, a prominent Indian fintech company, has embarked on a strategic partnership with the Entrepreneurship Development Institute of India (EDII) in Ahmedabad to accelerate the adoption of artificial intelligence (AI) among enterprises, startups, and MSMEs across India.
Established in 1983, EDII is a prestigious autonomous institution dedicated to entrepreneurship education, research, and startup incubation. Sponsored by leading financial institutions such as IDBI Bank, ICICI Bank, and the Government of Gujarat, EDII focuses on fostering growth, innovation, and institution building within the MSME sector.
Infibeam’s AI Initiatives
Under the Memorandum of Understanding (MoU) signed between Infibeam Avenues Ltd and EDII, Infibeam has introduced its advanced video AI Developer Platform, ‘THEIA,’ at EDII’s Gandhinagar campus. This platform equips students and entrepreneurs with essential tools to develop AI-driven products, thereby enhancing business efficiency and capabilities. Additionally, Infibeam has deployed its newly launched AI facility management solution, ‘AI Facility Manager,’ at the EDII campus.
Dr. Sunil Shukla, Director General of EDII, emphasized the transformative potential of integrating advanced AI technologies into entrepreneurial education. He highlighted that this collaboration will empower aspiring entrepreneurs to leverage AI for sustainable business growth and excellence in a digital-first era.
Vishal Mehta, Chairman and Managing Director of Infibeam Avenues Ltd, expressed confidence that embracing digitalization and AI is pivotal for the future of entrepreneurship. He emphasized that this collaboration will equip entrepreneurs with the necessary digital tools and solutions to thrive in the evolving business landscape.
By leveraging AI innovation through collaborative efforts with EDII, Infibeam Avenues aims to pave the way for a future where AI-powered technologies drive sustainable growth and operational excellence across Indian enterprises and startups.