India’s Assert AI Raises $4M in Series A to Fuel Global Expansion & Innovation

Assert AI, India’s leading Computer Vision SAAS company, has successfully completed a Series A funding round, securing 30 Crores (USD 4 Million). This investment, led by notable figures like Ramesh Hariharan (ex-CTO and Co-founder of LatentView) and Prashant Purker (former MD & CEO of ICICI Venture), along with Arya.ag and other individual investors, demonstrates strong support for the company’s vision and capabilities.

“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 will use the funds to expand its operations into Western markets and enhance its research and development. Recognized for its innovative solutions, Assert AI is advancing its technologies such as “Pratham,” the world’s first no-code platform for Computer Vision, and “Alpha,” a versatile platform for integrating data through various methods. The company’s “Falcon” drone-based solution is also transforming warehouse inventory management with its real-time capabilities. With these advancements, Assert AI is set to continue its trajectory of transformative impacts across various industries.

Featured image: Credit: Asian News International (ANI)