Assert AI, India’s largest Computer Vision SAAS company, announced the successful closure of its Series A funding round, raising a total of 30 Crores (USD 4 Million).
This significant investment, led by prominent investors including Ramesh Hariharan (ex-CTO and Co-founder of LatentView), Prashant Purker (former MD & CEO of ICICI Venture), Arya.ag (India’s largest integrated grain commerce platform), and select individuals, underscores strong support and confidence in Assert AI’s vision and capabilities, as per the statement.
Assert AI, with existing operations in India, the US and the Middle East, views this investment as a crucial step in its mission to expand further into key Western markets. The company plans to utilize the funds to bolster its presence in essential markets, enhance research and development efforts, and continue pioneering new advancements in Computer Vision technology, according to the statement.
“We are thrilled to announce the successful completion of our Series A funding round,” said Job Philip, CEO of Assert AI. “This investment reflects the confidence of our investors in Assert AI’s vision and potential. It will fuel our expansion efforts and accelerate the development of innovative AI Vision solutions that drive value for our clients globally.”
Assert AI remains steadfast in its commitment to pushing the boundaries of innovation in the field of Computer Vision. The company looks forward to forging new partnerships, delivering impactful solutions, and driving positive change across industries, as per the statement.
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