Entvin AI Secures $500,000 Funding from Y Combinator
Image Courtesy: DNA
Entvin AI, a startup founded by IIT Bombay graduates Mr. Sanskar Jain (B.Tech., Mechanical Engineering, 2018), Mr. Hemant Phalak (B.Tech., Metallurgical Engineering and Materials Science, 2018), and Mr. Rishabh Arya (B.Tech., Civil Engineering, 2022), has secured $500,000 in seed funding from Y Combinator—the world’s most prestigious startup accelerator, known for its rigorous 0.1% acceptance rate.
The company offers specialized AI services for pharmaceutical and life sciences companies globally, with a focus on transforming the complex and resource-intensive FDA drug approval process. Entvin’s AI platform aims to streamline regulatory workflows, saving hundreds of hours for scientific and compliance teams, while enhancing accuracy in a sector where regulatory missteps can cost millions.
With early success in enterprise pilot projects, the startup has demonstrated that its solution can significantly reduce compliance timelines and costs, unlocking a billion-dollar opportunity in an industry eager to accelerate drug development. The new funding will enable Entvin AI to further expand its AI capabilities and scale customer acquisition among mid-to-large pharmaceutical companies worldwide.
IIT Bombay continues to be a launchpad for transformative ideas and entrepreneurial excellence. Entvin AI’s breakthrough in regulatory automation, backed by Y Combinator, reflects the Institute’s deep-rooted culture of innovation and its growing influence in shaping global industries, this time at the intersection of AI and life sciences.
For more on the story, read here: DNA and Indian Startup News