Vision AI startup SwitchOn has raised $4.2 million in its Series A round led by a Singapore-based fund, Axilor Ventures, Pi Ventures, and angels such as Anuj Bihani, Laxmi Narayan, and others.
This investment will allow SwitchOn to continue its growth in India, ramp up internationally with large enterprises, make key hires in sales and technology, and invest in research and development, the startup said in a press statement.
Launched in 2020 by Aniruddha and Avra, SwitchOn helps manufacturing industries reduce defects and improve product quality. Its customers like Unilever, ITC, SKF, and others have integrated the SwitchOn platform to train deep-learning quality control models within hours.
SwitchOn’s flagship product DeepInspect helps manufacturers identify complex surface defects quickly and claims to achieve superhuman accuracy of over 99%. The quick setup uses less than 200 good images to train AI models and enables manufacturers to adopt and completely automate their quality inspection and deploy hundreds of SKUs within days.
Axilor Ventures is an early stage seed fund and startup accelerator founded by Infosys co-founders Kris Gopalakrishnan and SD Shibulal. Its portfolio companies include Loco, Cash Positive, SquadStack, BizzTM, SigTurple, CapGrid Solutions, Reshamandi and FreshR among others.
