Assert AI secures USD 2 million to accelerate AI product dev

Assert AI secures USD 2 million to accelerate AI product development through computer vision

Mumbai (Maharashtra) [India], November 8 (ANI/PRNewswire): Be it warehousing, agri-storage, logistics & transportation, manufacturing, pharma & healthcare, retail or traffic management, and parking system, most operations remain manually operated even in 2022. Addressing this, Mumbai-based start-up Assert AI has the vision to automate operations, and ensure scalability, security, and actionable business intelligence for businesses of different sizes and types. India's pioneering tech Start-up Assert AI has raised USD 2 Million via Equity funding to expand business in the US and build specific capabilities in the agribusiness domain. The funding will fast-track AI product development to automate detection, security and workflow management through computer vision. The company has raised USD 2 Million via Equity funding to expand business in the US and build specific capabilities in the agribusiness domain. The funding will fast-track AI product development to automate detection, security, and workflow management through computer vision. Assert AI is an award-winning start-up that offers solutions to India's leading ports, manufacturing and logistics companies, banks/ ATMs, and retail chains. Some of their key solutions include face recognition, object detection, weapon detection in high-risk areas, docks utilization, packet counting in warehouses, and safety gear detection, among others. Co-Founder Job Philip explains, "Assert AI has created a niche in various segments by creating state-of-the-art AI solutions. Our solutions are compatible with all different models of CCTV cameras available in the market today. We have both edge and cloud deployment models enabling us to cater to a vast variety of customer needs." Assert AI has not only raised funds through industry veterans, but Arya.ag, India's largest integrated grain commerce platform and a client of Assert AI, has also participated in this round. The agritech start-up already offers its users real-time tracking of their Agri commodity, providing complete assurance on quantity, quality, and payments. Apart from Arya.ag, the AI start-up has also raised funds from Prashant Purker, Ex-MD & CEO of ICICI Venture. The lead equity investor Prashant Purker feels, "Assert AI has developed cutting-edge AI technology that has the potential to solve a multitude of industry problems." Prasanna Rao, Co-Founder & Managing Director, Arya.ag, said, "Assert AI is uniquely placed to solve customer needs around video analytics. In fragmented agri value chains, assurance is essential to bridge the trust gap. With the partnership with Assert AI, Arya.ag intends to strengthen its blockchain offerings and AI & deep tech vision for unprecedented visibility and assurance for its storage, financing, and commerce offerings." Computer Vision, in particular, gives the machines a pair of eyes and the sense of sight through ML algorithms. It is deployed across several areas allowing automatic annotation of images and video data with the help of trained models developed using ML. Deploying computer vision, Assert AI generates data that never existed before, thereby helping organizations look at their operations in entirely different ways. Assert AI is one of the pioneers in India to drive the shift towards automation, security, and efficiency amidst various degrees of complexities through Computer Vision. Started by Job Philip and Nitin Jain, the firm currently employs over fifty people with offices across Bangalore, Mumbai, Pune, Delhi, and Chicago. Know more: assertai.com This story has been provided by PRNewswire. ANI will not be responsible in any way for the content of this article. (ANI/PRNewswire)

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Bangalore , Karnataka , India , Delhi , Mumbai , Maharashtra , Chicago , Illinois , United States , Pune , Prashant Purker , Prasanna Rao , Nitin Jain , , Start Up Assert , Founder Job Philip , Managing Director , Job Philip , Mumbai Maharashtra India , Ovember 8 Ani Prnewswire Be It Warehousing , Agri Storage , Ogistics Amp Transportation , Manufacturing , Pharma Amp Healthcare , Etail Or Traffic Management , Nd Parking System , Ost Operations Remain Manually Operated Even In 2022 Addressing This , Umbai Based Start Up Assert Ai Has The Vision To Automate Operations , Nd Ensure Scalability , Security , Nd Actionable Business Intelligence For Businesses Of Different Sizes And Types India 39s Pioneering Tech Start Up Assert Ai Has Raised Usd 2 Million Via Equity Funding To Expand In The Us Build Specific Capabilities Agribusiness Domain Will Fast Track Product Development Automate Detection , Ecurity And Workflow Management Through Computer Vision The Company Has Raised Usd 2 Million Via Equity Funding To Expand Business In Us Build Specific Capabilities Agribusiness Domain Will Fast Track Ai Product Development Automate Detection , Nd Workflow Management Through Computer Vision Assert Ai Is An Award Winning Start Up That Offers Solutions To India 39s Leading Ports , Anufacturing And Logistics Companies , Anks Atms , Nd Retail Chains Some Of Their Key Solutions Include Face Recognition , Object Detection , Eapon Detection In High Risk Areas , Ocks Utilization , Acket Counting In Warehouses , Nd Safety Gear Detection , Mong Others Co Founder Job Philip Explains , Uot Assert Ai Has Createda Niche In Various Segments By Creating State Of The Art Solutions Our Are Compatible With All Different Models Cctv Cameras Available Market Today We Have Both Edge And Cloud Deployment Enabling Us To Cater Toa Vast Variety Customer Needs Quot Not Only Raised Funds Through Industry Veterans , Ut Arya Ag , Ndia 39s Largest Integrated Grain Commerce Platform Anda Client Of Assert Ai , As Also Participated In This Round The Agritech Start Up Already Offers Its Users Real Time Tracking Of Their Agri Commodity , Roviding Complete Assurance On Quantity , Quality , Nd Payments Apart From Arya Ag , He Ai Start Up Has Also Raised Funds From Prashant Purker , X Md Amp Ceo Of Icici Venture The Lead Equity Investor Prashant Purker Feels , Uot Assert Ai Has Developed Cutting Edge Technology That The Potential To Solvea Multitude Of Industry Problems Quot Prasanna Rao , O Founder Amp Managing Director , Arya Ag , Aid , Uot Assert Ai Is Uniquely Placed To Solve Customer Needs Around Video Analytics In Fragmented Agri Value Chains , Ssurance Is Essential To Bridge The Trust Gap With Partnership Assert Ai , Rya Ag Intends To Strengthen Its Blockchain Offerings And Ai Amp Deep Tech Vision For Unprecedented Visibility Assurance Storage , Financing , Nd Commerce Offerings Quot Computer Vision , In Particular , Ives The Machinesa Pair Of Eyes And Sense Sight Through Ml Algorithms It Is Deployed Across Several Areas Allowing Automatic Annotation Images Video Data With Help Trained Models Developed Using Deploying Computer Vision , Ssert Ai Generates Data That Never Existed Before , Hereby Helping Organizations Look At Their Operations In Entirely Different Ways Assert Ai Is One Of The Pioneers India To Drive Shift Towards Automation , Nd Efficiency Amidst Various Degrees Of Complexities Through Computer Vision Started By Job Philip And Nitin Jain , He Firm Currently Employs Over Fifty People With Offices Across Bangalore , Nd Chicago Know More Assertai Com This Story Has Been Provided By Prnewswire Ani Will Not Be Responsible In Any Way For The Content Of Article ,

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