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Mukesh Ambani-backed technology monitoring pipelines has a virus moment SECTIONS Last Updated: Jul 14, 2021, 06:43 AM IST Share Synopsis For Tarun Kumar Mishra, co-founder of Detect Technologies Pvt. Ltd., it was the perfect opportunity for his product: a real-time pipeline monitoring system that tracks leaks and corrosion using sensors and artificial intelligence. Reuters As India gets battered by Covid-19, keeping many away from their workplaces, one segment of its energy market is flourishing by cutting out labor-intensive tasks at some of the world’s biggest refining complexes. When th...

IIT-M startup Detect Technologies raises $12 m © Provided by The Times of India Chennai: IIT-Madras incubated industrial AI startup Detect Technologies has raised $12 million in funding in a round led by Accel with participation from existing investors Elevation Capital, Bharat Innovation Fund,BlueHill Capital, and Axilor Ventures. Venture debt fund Stride Ventures also participated. The startup said it will utilize this capital to further expand and strengthen its sales and operations teams across India and global markets of North and South America, Singapore, Indonesia, Middle East, and ...

Detect Technologies gets $12 million funding from Accel, others SECTIONS Last Updated: Jun 30, 2021, 06:01 AM IST Share Synopsis Industrial AI startup Detect Technologies’ funding round comes at a time when it’s looking to grow its presence overseas to tap the rising demand for automation amid a pandemic. iStock Industrial AI startup Detect Technologies works with over 45 customers, including Shell, Tata Steel, ExxonMobil, Adani Group and Reliance Industries. Bengaluru:Industrial AI startup Detect Technologies has raised $12 million in a funding round led by US venture capital firm Accel...

Key Highlights Next Big Idea - a platform for Indian startups to explore and expand into North America through a soft-landing program for Canada NBI 2021 Program is divided into three phases: i) NBI WebTalks; ii) NBI Pre-Landing Program; iii) NBI Local Immersion Program (Startups are taken to Canada to network with potential investors & vendors). The program helps startups understand, prepare and expand into other countries, such as Canada NBI 2021 Program is executed by Zone Startups India in partnership with the Government of Ontario, Canada, and invest in Canada Zone Startups India, part o...