Awiros Raises $7M in Series A Funding

Awiros, a Gurgaon, India-based deep-tech start-up that develops an AI-based computer-vision platform primarily for video processing, raised $7M in Series A funding.

The round was led by Inflexor Ventures and Exfinity Venture Partners, with participation from VedaVC, family offices and UHNIs.

The company intends to use the funding towards:

• product enhancement, building its developer community,
• business growth in India and overseas markets,
• increase of India and US teams, both in technology and sales-related functions.

Founded in 2015 by Vikram Gupta and Yatin Kavishwar, Awiros provides a marketplace of Video AI “Apps” that allows customers to discover and adopt suitable technology solutions quickly. In terms of technology, it is a device-agnostic Operating System (OS) for easy development and delivery of Video AI applications.

The company already serves several Fortune 500 customers and large-scale Video AI deployments across manufacturing, warehousing, data centers, critical infrastructure and public safety.

Gupta is a computer engineering research expert with a PhD from Carnegie Mellon University. His key focus area during his PhD was to architect a middleware for multi-application embedded systems, which became the base and motivation for founding Awiros. Kavishwar is a seasoned enterprise business leader with experience in leading government, enterprise, defence and public sector sales across multiple stints at AppDynamics, Citrix, Cisco and IBM.

FinSMEs

14/09/2022