The Mumbai-headquartered venture capital company, Triton Investment Advisors has lately infused money in a deep learning and artificial intelligence-based startup company, CamCom.
The VC firm has essentially pumped money in CamComs pre-series A round, reported VC Circle.
CamCom, which is administered by Gifto Retail Technologies Pvt. Ltd was initiated by Ajith Nayar, Mahesh Subramanian, and Umesh Subramanian in 2017. Both co-founders, Umesh and Ajith have formerly worked together at Wipro while Mahesh was running an enterprise in the deeptech sphere.
The startup asserts that it aims to turn into a top-notch company in the quality assurance industry via its computer vision-based portal. As per its website, it employs deeptech and computer vision to create automatic quality checks beyond a products lifecycle. It renders quality checks to various industries like auto spare parts manufacturing sector, supply chains in the bottling industry and after-sales service ecosystem
What impressed us about Camcom is that the platform goes beyond data interpretation with a mix of product engineering and predictive and prescriptive analytics to solve critical challenges in any product manufacturing process, Dev Raman, Partner at Triton, said in the companys press statement.
The Bengaluru-based startup had both the backend software and the front-end-facing automation to provide its client with solutions, Raman added.