Angel Investments
Computer vision startup Assert AI attracts $4-M
Mumbai-based SaaS firm Assert AI has raised USD 4 million in a Series A funding round led by Ramesh Hariharan (co-founder of LatentView), Prashant Purker (former MD & CEO of ?ICICI Venture?), Arya.ag (grain commerce platform), and others.Founded in 2019 by Job Philip and Nitin Jain, the firm currently operates in India, the US, and the Middle East. The funding will support its expansion into essential markets, fuel research and development efforts, and further boost its technology.Assert AI offers a no-code platform Pratham for computer vision tailored for non-AI users to integrate data into their production systems including API endpoints, direct hardware integration and comprehensive dashboards for actionable insights. Additionally, Assert AI’s drone-based solution Falcon enables warehouse inventory management with real-time tracking and optimization capabilities.In November 2022, the company had raised USD 2 million from agritech startup Arya.ag and Prashant Purker, ex-MD & CEO at ICICI Venture.
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