Vision AI-Based Startup SwitchOn Raises Fund in Series A Round

AI-Based startup SwitchOn has raised $4.2 million in its Series A round, which was sponsored by a Singaporean fund, Axilor Ventures, Pi Ventures, and angel investors including Anuj Bihani and Laxmi Narayan. 

According to a press release from the business, this investment would enable SwitchOn to maintain its growth in India, scale up worldwide with major corporations, make important hires in sales and technology, and engage in research and development. 

SwitchOn, a device that Aniruddha and Avra launched in 2020, assists manufacturing companies in lowering faults and raising product quality. The SwitchOn platform has been integrated by its clients, including Unilever, ITC, SKF, and others, to quickly train deep learning quality control models. 

DeepInspect, the company’s flagship solution, promises to have superhuman accuracy of over 99% and assists manufacturers in quickly identifying complex surface flaws. The rapid setup allows manufacturers to adopt and fully automate their quality inspection and deploy hundreds of SKUs in just days using less than 200 high-quality photos to train AI models. Kris Gopalakrishnan and SD Shibulal, two of the original founders of Infosys, formed Axilor Ventures, an early stage seed fund and business accelerator.