AI Fund, a venture studio from California led by AI research pioneer Andrew Ng, has made its first major investment in India by backing the healthcare platform Jivi.
The fund will join as a cofounder of the Gurgaon-based startup alongside Ankur Jain, the former chief product officer at BharatPe, and GV Sanjay Reddy, the chairperson of Reddy Ventures.
Jain and Reddy shared that the investment was completed last week, but the amount remains undisclosed. They did not reveal how much AI Fund invested or the percentage of stake acquired.
People aware of the development say that Ng’s fund has bought a 20-30% share in the company, which started in January of this year.
“AI is transforming healthcare, and Jivi takes an important step toward more equitable, precise, and personalized care,” said Andrew Ng, managing general partner at AI Fund. “Ankur and team are at the forefront of this transformation and are developing accessible and intelligent tools. AI Fund is excited to advance this vision together with Jivi.”
Jivi’s CEO, Jain, says their AI products include a consumer health assistant to make healthcare more accessible and a doctor copilot to help healthcare workers.
Reddy adds that they want to keep the core features free for everyone and will add paid features later. Top hospitals are testing the multilingual and multimodal platform, which will be available to the public soon. It uses AI to help patients diagnose, treat, and prevent, and it works for many different healthcare specialties.
The company says it gives patients quick, accurate answers to their health questions and makes personalized health reports with symptoms, possible diseases, and treatment choices.
“Our mission is to make healthcare more efficient, affordable, and accessible to everyone, regardless of location,” Jain said.
Jain says Ng’s knowledge and ideas will help Jivi change global healthcare and make good care available to everyone. The platform uses a knowledge base with over 15 million documents, making it one of the biggest in this area. This includes medical journals and years of research.
Jivi helps doctors analyze patient data and make their work easier by reducing administrative tasks. This lets them spend more time preparing for consultations. Jivi is designed to help people everywhere, from rural areas to big city hospitals. It can also grow and change to make healthcare more fair, efficient, and available to everyone.
