Tired of ads? Enjoy an ad-free experience by signing up.
👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔‍♂️ A friendly human may check it before it goes live. More news here

IvyCap leads $8m funding for Indian AI firm SwitchOn

SwitchOn, a Bengaluru-based startup that makes AI tools for factory quality inspection, said on July 16 it raised US$8 million in a pre-series B round led by IvyCap Ventures, with participation from SIG Tattva and Trifecta Capital.

Founded in 2017 by cousins Aniruddha Banerjee and Avra Banerjee, the company automates quality inspection on production lines using edge-based computer vision systems that detect surface and packaging defects and sort faulty items at high speed.

SwitchOn is the brand name of Abee Research Labs Pvt Ltd. It serves manufacturers in the automotive, pharmaceutical, consumer goods, and electronics sectors.

The company has worked with companies including Unilever, ITC, Bosch, and SKF. The new round follows a US$4.2 million series A announced in April 2023.

The company said it will use the funds to support international expansion, deepen research and development in what it calls next-generation physical AI, and scale its sales efforts across manufacturing sectors.

🔗 Source: IvyCap Ventures

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies:

Stay updated on the go with our mobile app.

Get latest insights with smoother, more personalized experience through TIA mobile app.