[Funding News] Assert AI Raises $4 Million Series A Funding

Assert AI, an enterprisetech business, has raised INR 30 Cr (about $4 Mn) in a Series A round-headed by Ramesh Hariharan of Latent View, Prashant Purker of ICICI Venture, Arya.ag, and others.

Assert AI sees this investment as a critical step in its effort for further growth into major Western countries. The company already operates in the US, the Middle East, and India. The company intends to use the capital to increase its presence in important areas, improve its R&D, and keep breaking new ground in computer vision technology.

Read also – [Funding News] Healthtech Startup Portea Medical Secures $19.87 Mn Through Rights Issue

Job Philip, CEO and Co-Founder of Assert AI commented, “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.”

With a global footprint spanning India, the United States, and the UAE, Assert AI combine diverse talents and experiences to create transformative AI-driven solutions.

Additionally, Assert provides warehouse management services via Falcon, a drone service with real-time tracking and optimising capabilities.

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About Assert AI

Assert AI pioneers in leveraging cutting-edge computer vision, artificial intelligence, and ML/DL to revolutionise industries across the globe.

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