AI-Startup 'UptimeAI' nets $14 million in Series-A Funding round
UptimeAI an inventive Artificial intelligence start-up has bagged $14 million up in its Series A Funding round directed by WestBridge Capital.
The Funding round similarly registered financial support from existing financial backer Emergent Ventures and new financial backer Aditya Birla Ventures. UptimeAI will utilize the returns to streamline its tech platform, expand product portfolio and presence in North America, Middle East and Asia. The organization has bases in Bengaluru and San Francisco also.
Five-year-old UptimeAI makes Artificial intelligence-based services and solutions that assist with establishing operations to augment proficiency and unwavering quality. According to the organization, its group has center capability in regions including power, oil and gas, chemicals, metals, and aviation among others.
UptimeAI’s four modules comprises– connect the dots, no code predictive alerts, inferencing engine for prescriptive actions, and continuous self-learning. It has a protected framework and strategy for observing complex designs to distinguish the main driver of short efficiencies. In September last year, Bharat Petroleum Corporation - BPCL with UptimeAI to enhance functional proficiency.
Driven by Jagadish Gattu and Vamsi Yalamanchili, UptimeAI was one of the chosen startups in the YourNest Venture and angel investors.
In February 2021, UptimeAI additionally brought $1.5 million up in seed financing from YourNest Venture Capital and Angel investors. UptimeAI competes with Tiger Global-backed Infinite Uptime, which brought $18.85 million up in a round in May the year before. Other worldwide competitors of the start-up include Sight Machine, Prospection SparkCognition, and Augury.
Similarly, Skincare brand SkinInspired has secured Rs.12.25 crore (about $1.5 million) in a seed funding round led by Unilever Ventures. Notable angel investors, including Arjun Vaidya, co-founder of Dr Vaidya’s, also participated in the round. The brand plans to use the capital raised for research and development, strategic marketing efforts, and to strengthen its go-to-market strategy.
The Funding round similarly registered financial support from existing financial backer Emergent Ventures and new financial backer Aditya Birla Ventures. UptimeAI will utilize the returns to streamline its tech platform, expand product portfolio and presence in North America, Middle East and Asia. The organization has bases in Bengaluru and San Francisco also.
Five-year-old UptimeAI makes Artificial intelligence-based services and solutions that assist with establishing operations to augment proficiency and unwavering quality. According to the organization, its group has center capability in regions including power, oil and gas, chemicals, metals, and aviation among others.
UptimeAI’s four modules comprises– connect the dots, no code predictive alerts, inferencing engine for prescriptive actions, and continuous self-learning. It has a protected framework and strategy for observing complex designs to distinguish the main driver of short efficiencies. In September last year, Bharat Petroleum Corporation - BPCL with UptimeAI to enhance functional proficiency.
Driven by Jagadish Gattu and Vamsi Yalamanchili, UptimeAI was one of the chosen startups in the YourNest Venture and angel investors.
In February 2021, UptimeAI additionally brought $1.5 million up in seed financing from YourNest Venture Capital and Angel investors. UptimeAI competes with Tiger Global-backed Infinite Uptime, which brought $18.85 million up in a round in May the year before. Other worldwide competitors of the start-up include Sight Machine, Prospection SparkCognition, and Augury.
Similarly, Skincare brand SkinInspired has secured Rs.12.25 crore (about $1.5 million) in a seed funding round led by Unilever Ventures. Notable angel investors, including Arjun Vaidya, co-founder of Dr Vaidya’s, also participated in the round. The brand plans to use the capital raised for research and development, strategic marketing efforts, and to strengthen its go-to-market strategy.
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