Analytics solutions provider for construction cos Cognecto raises Rs.4-Cr led by IPV

Bengaluru-based Cognecto, which specializes in providing AI-based solutions for the construction industry, has attracted INR 4 crore ed by Inflection Point Ventures (IPV). The proceeds will be used to develop regenerative AI technology aimed at providing business and operational insights for the mining and construction sectors. Cognecto claims to have a presence across Asia, Europe, Australia, and Africa serving firms in the mining, aluminum, highways, and logistics sectors. Founded in 2020, Cognecto connects frontline workers and equipment on a unified platform to offer a comprehensive view of mining and construction operations, enabling businesses to generate analytics. The platform also offers industry-specific key performance indicators (KPIs) and specialized expertise.