Mumbai-based AI Startup raises $1.6 mn in funding

Mumbai-based AI powered imaging and visual enhancement startup raised $1.6 million in its Pre-Series A round of funding.

The pre-series A round saw participation from industry veteran Vinod Dham and John Ason ( investor) as well as existing investors, including Refex Capital, a statement said.

Orbo uses deep learning powered technology to improve imagery and provide enhanced resolutions for pictures and videos on mobiles, laptops or display devices.

Existing investors, including Refex Capital, also took part in the funding round.

We will be using the funds to provide superior technology solutions to our customers along with expediting our expansion and hiring plans across verticals such as R&D, engineering, product development, sales, and marketing,” CEO Manoj Shinde said.

The firm is in advanced automation trials with a number of global brands, tech companies, and partners and hopes to announce around 3-5 more deals in the display and e-commerce space, he added. SR BAL

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