AI solutions company Corseco secures 1 Cr funding in 30 mins

Now, that’s a reel becoming real. Ghaziabad Based end-to-end AI solutions company Corseco has secured a seed funding of Rs 1 Cr through TV reality show The Vault.

Founded in 2016 by Arush Kakkat, Corseco is an end-to-end Artificial Intelligence driven solution provider to the enterprises. Corseco’s Artificial Intelligence system can identify and track any object in places such as warehouses, retail stores and manufacturing industries that will impart high business intelligence to the respective firm.

The Vault is an investment platform cum television show open to the student community, rural & household ventures, startups, and budding entrepreneurs seeking funds for their business ideas. The televised series gives promising entrepreneurs an opportunity to pitch their ideas to a panel of investors and possibly get funded on the spot, while the nation watches them in their moment of glory.

Speaking on the episode, Jatin Goel, Creator, The Vault, said, “With several innovative start-ups having secured investments and visibility through The Vault, we are naturally excited at the disruption the show has been able to create in the investment landscape. What is more encouraging is the fact that several start-ups that have successfully managed to elicit offers from the investors have come from cities which are not typically associated with entrepreneurship. This underlines the kind of difference The Vault has been making to the business dreams of our country’s emerging entrepreneurs.”