Sapience Automata raises Rs 1.75 cr in seed round
ECONOMY & POLICY

Sapience Automata raises Rs 1.75 cr in seed round

AI powered driver assistance technology startup Sapience Automata has raised Rs 1.75 crore in a Seed Round led by Inflection Point Ventures. The funds will be utilized for growing sales for Driver camera, building key partnerships in the automotive domain, continuing to develop Advanced driver-assistance systems (ADAS) technology, and filing international patents.

Sapience Automata, founded in 2021, is a pioneering startup focused on revolutionizing road safety in India through plug-and-play driver assistance technology. Their goal is to eliminate accidents by leveraging advanced AI and autonomous driving tech. Sapience Automata aims to make cutting-edge safety solutions accessible to all drivers.

Satyajit Neogi, the Founder, Chief Executive & Technology Officer, brings over eight years of experience in self-driving cars and AI, holding a PhD from NTU Singapore. Unmesh Dabhade, the Co-Founder and Product Head, has over six years of expertise in IoT and software development, holding a Master?s from VJTI. Together, they lead Sapience Automata's mission to innovate road safety technology.

Vikram Ramasubramanian, Partner, Inflection Point Ventures says, ?Most of us know someone whose family member or close one has experienced a major road accident. It is an unfortunate reality that can't be helped, given our dependence on different modes of transportation and driver's circumstance. Sapience, with their AI powered tech, reduces such unavoidable reality. IPV will always focus on supporting startups that offer innovative solutions to significant problems, and Sapience?s approach is one we?ll continue to endorse.?

Sapience Automata's USPs lie in its robust technology team and its products tailored specifically for Indian driving conditions. With a dedicated team of experts, the company develops innovative solutions that address the unique challenges of Indian roads, ensuring maximum effectiveness and safety for drivers. By offering custom-made products and applications, it stands out in the market, providing solutions that are tailored to the specific needs and conditions of Indian drivers, setting them apart from competitors.

Operating primarily from Bangalore, Sapience currently focuses on commercial fleets, laying the foundation for future expansion and scalability in the Indian B2C market.

Satyajit Neogi, CEO & CTO, Sapience Automata, says, ?India reports 1.5 lakh deaths and 5 lakh critical injuries every year from road accidents and its growing. We are committed to reduce road accidents in India by 90% by 2030. We started by building plug n play cutting-edge ADAS technology custom made for Indian conditions, to prevent road accidents due to human errors such as distraction and drowsiness.?

Sapience Automata has hit key milestones with the launch of their Driver Camera, pioneering tailor-made ADAS technology for Indian roads, and reaching the final prototype stage for their ADAS camera. Their achievements, coupled with receiving the SISFS grant, demonstrate their dedication to innovating in automotive safety.

In the decade 2009-2019, road traffic crashes have been the 13th largest contributor to health burden (deaths and disabilities) in India. It is crucial that we strengthen the condition of roads and vehicles and invest in improving the technology to avoid such accidents.

AI powered driver assistance technology startup Sapience Automata has raised Rs 1.75 crore in a Seed Round led by Inflection Point Ventures. The funds will be utilized for growing sales for Driver camera, building key partnerships in the automotive domain, continuing to develop Advanced driver-assistance systems (ADAS) technology, and filing international patents. Sapience Automata, founded in 2021, is a pioneering startup focused on revolutionizing road safety in India through plug-and-play driver assistance technology. Their goal is to eliminate accidents by leveraging advanced AI and autonomous driving tech. Sapience Automata aims to make cutting-edge safety solutions accessible to all drivers. Satyajit Neogi, the Founder, Chief Executive & Technology Officer, brings over eight years of experience in self-driving cars and AI, holding a PhD from NTU Singapore. Unmesh Dabhade, the Co-Founder and Product Head, has over six years of expertise in IoT and software development, holding a Master?s from VJTI. Together, they lead Sapience Automata's mission to innovate road safety technology. Vikram Ramasubramanian, Partner, Inflection Point Ventures says, ?Most of us know someone whose family member or close one has experienced a major road accident. It is an unfortunate reality that can't be helped, given our dependence on different modes of transportation and driver's circumstance. Sapience, with their AI powered tech, reduces such unavoidable reality. IPV will always focus on supporting startups that offer innovative solutions to significant problems, and Sapience?s approach is one we?ll continue to endorse.? Sapience Automata's USPs lie in its robust technology team and its products tailored specifically for Indian driving conditions. With a dedicated team of experts, the company develops innovative solutions that address the unique challenges of Indian roads, ensuring maximum effectiveness and safety for drivers. By offering custom-made products and applications, it stands out in the market, providing solutions that are tailored to the specific needs and conditions of Indian drivers, setting them apart from competitors. Operating primarily from Bangalore, Sapience currently focuses on commercial fleets, laying the foundation for future expansion and scalability in the Indian B2C market. Satyajit Neogi, CEO & CTO, Sapience Automata, says, ?India reports 1.5 lakh deaths and 5 lakh critical injuries every year from road accidents and its growing. We are committed to reduce road accidents in India by 90% by 2030. We started by building plug n play cutting-edge ADAS technology custom made for Indian conditions, to prevent road accidents due to human errors such as distraction and drowsiness.? Sapience Automata has hit key milestones with the launch of their Driver Camera, pioneering tailor-made ADAS technology for Indian roads, and reaching the final prototype stage for their ADAS camera. Their achievements, coupled with receiving the SISFS grant, demonstrate their dedication to innovating in automotive safety. In the decade 2009-2019, road traffic crashes have been the 13th largest contributor to health burden (deaths and disabilities) in India. It is crucial that we strengthen the condition of roads and vehicles and invest in improving the technology to avoid such accidents.

Next Story
Real Estate

Capacit’e Infraprojects Wins Rs 6.21 billion order from Saifee Burhani Upliftment Trust

Capacit’e Infraprojects has secured a Letter of Intent (LOI) worth Rs 6.21 billion (excluding GST) from Saifee Burhani Upliftment Trust (SBUT) for the execution of core and shell works, finishing, MEPF services, and other associated components of the redevelopment project—Sector 07 of the Saifee Burhani Upliftment Project—located at Ward ‘C’, Bhendi Bazaar, Mumbai. This is the third repeat order from SBUT to Capacit’e Infraprojects, underscoring the trust and satisfaction of a long-standing client in the company’s project delivery capabilities. Commenting on the develop..

Next Story
Resources

K Raheja Corp's Volunteering Drive Brings Back-to-School Cheer for Underprivileged Kids

Real estate major K Raheja Corp concluded its latest community initiative under the ‘Time Off for Volunteering’ programme, titled Paint a Pair, Show You Care. Held in association with NGO ConnectFor, the campaign was part of a larger 'Back to School' drive aimed at supporting underprivileged students from the Jhanvi Charitable Trust. More than 45 employees from across group companies—Mindspace Business Parks, Chalet Hotels Ltd., K Raheja Corp Homes, and Inorbit Malls—came together to hand-paint over 60 pairs of canvas shoes for children preparing to return to school. Volunteers al..

Next Story
Infrastructure Urban

CCI Worldwide Logistics Launches ‘Trans Africa’ Freight Service

CCI Worldwide Logistics, the international freight forwarding arm of the CCI Group, has launched ‘Trans Africa’—a technology-led logistics platform aimed at streamlining cross-border trade across Africa. The company is investing Rs 1.06 billion in the initiative, targeting an annual freight volume of 5,000 TEUs by air and sea, with an estimated 15 per cent return on investment. The service is being rolled out in key markets such as Nigeria, Kenya, South Africa, Ghana, and Egypt, with planned expansion into Francophone West Africa, Central Africa, and landlocked nations including Uga..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?