Assert AI, a Mumbai, India-based computer vision-focused SaaS firm, raised a $2 million strategic investment from Arya.ag, with participation from Prashant Purker, ex-MD & CEO of ICICI Venture.
Assert AI intends to use the funding to extend its position in the US market and produce distinctive agricultural goods.
This strategic investment intends to expand Arya.ag’s blockchain solutions and AI and deep tech vision provide unmatched visibility and certainty for its storage, finance, and commerce products.
Job Philip, co-founder and CEO of Assert AI, commented, “Digitization and related proliferation of video, as well as other forms of the visual medium, is on an ever-increasing exponential curve. The need of the hour is to transform observations from these mediums into actionable business insights and ensure that this is executed in real-time. The latest round of funding furthers our resolve to continue pioneering innovation in the visual analytics landscape and expand its reach to large untapped segments, including agriculture.”
Company: Assert AI
Round: Strategic Investment
Funding Month: November 2022
Lead Investors: Arya.ag
Additional Investors: Prashant Purker
Company Website: https://www.assertai.com/
Software Category: Computer Vision Solutions
About the Company: Assert AI is a computer vision- SaaS Company in India, providing artificial intelligence-based video analytics solutions for every type of business, enterprise, or corporation. It builds customizable and result-oriented AI solutions to enable our clients to make giant strides in efficiency and data-based decision analytics. Assert AI offers services like face recognition, object detection, weapon detection, docks utilization, packet counting, safety gear detection, and many more.