Assert AI Gets USD 4 Million in Series A Funding to Promote Innovation and Global Growth
With the successful completion of its Series A investment round, Assert AI, the biggest computer vision SAAS firm in India, is pleased to announce that it has raised a total of 30 crores (USD 4 million).
This major investment demonstrates strong support and confidence in Assert AI’s vision and capabilities. It was led by notable investors such as Ramesh Hariharan, the former CTO and co-founder of LatentView, Prashant Purker, the former MD and CEO of ICICI Venture, Arya.ag, the largest integrated grain commerce platform in India, and a few other individuals.
Assert AI sees this investment as a critical step in its quest to further grow into important Western countries. The company already operates in the US, the Middle East, and India. The business intends to use the money to increase its presence in important areas, improve its R&D, and keep breaking new ground in computer vision technology.
As a pioneer in the field, Assert AI has won awards for its innovative solutions and received recognition for its achievements. With a strong portfolio of products, Assert AI keeps innovating by pushing the envelope with their unique technology, bringing about revolutionary change in a variety of sectors. The company’s most recent invention, “Pratham,” democratizes access to AI-powered video analytics.
It is the first no-code platform for computer vision designed for non-AI users worldwide. Assert AI’s “Alpha” platform, which complements Pratham, gives customers a variety of ways to use and incorporate data into their production systems, including direct hardware integration, API endpoints, and extensive dashboards with actionable insights from cutting-edge computer vision algorithms. Furthermore, with its real-time tracking and optimization capabilities, Assert AI’s drone-based solution, “Falcon,” revolutionizes warehouse inventory management.
The CEO of Assert AI, Job Philip, stated, “We are thrilled to announce the successful completion of our Series A funding round.” “Our investors’ faith in Assert AI’s mission and potential is shown by this investment. It will support our worldwide client value-generating growth activities and quicken the creation of cutting-edge AI vision products.”
Assert AI is unwavering in its goal to push the envelope of innovation in the computer vision space. The organization is eager to establish new alliances, provide significant answers, and promote constructive change within many sectors.
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