Japan's NTT invests in medical imaging AI start-up DeepTek - The Financial Express

Japanese IT service provider, NTT DATA has invested in medical imaging AI start-up company DeepTek. NTT has not disclosed the size of investment. Ajit Patil, co-founder, DeepTek, said this was a seed stage funding and NTT had picked up 10-15% stake in the company and they had formed a strategic equity partnership with NTT Data. This funding would take care of their need for around two and half years but they are looking at further global alliances and venture funding, he said. DeepTek is co-founded by Dr Amit Kharat a leading radiologist in the country, Aniruddha Pant an AI technology expert with a Berkeley University PhD, and Ajit Patil, a serial entrepreneur, whose earlier start-up exited to NTT DATA Corp.