Inflection Point Ventures sponsored a Seed Round in which Sapience Automata, which develops AI-powered driving assistance technology, raised INR 1.75 crore.
The money will go toward expanding Driver camera sales, forming important alliances in the automobile industry, carrying out the development of Advanced Driver Assistance Systems (ADAS) technology, and submitting international patent applications.
Founded in 2021, Sapience Automata is a trailblazing firm dedicated to using plug-and-play driving assistance technology to transform road safety in India. By utilizing cutting-edge AI and autonomous driving technologies, their aim is to completely eradicate accidents. The mission of Sapience Automata is to provide all drivers with access to state-of-the-art safety solutions.
Satyajit Neogi, the Founder, Chief Executive & Technology Officer, brings over 8 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 6 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.”
The distinctive selling points of Sapience Automata are its strong technological team and products made especially for Indian road conditions. With the help of a committed group of professionals, the business creates cutting-edge solutions to the particular problems faced by Indian roads, guaranteeing the highest level of efficiency and driver safety.
It differentiates itself from rivals in the industry by delivering solutions that are specifically adapted to the demands and circumstances of Indian drivers through the provision of custom-made goods and software according to the official release.
Sapience Automata, which is based in Bangalore and predominantly serves business fleets, is establishing the groundwork for future growth 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.”
With the introduction of their Driver Camera, paving the way for ADAS technology specifically designed for Indian roadways, and advancing to the final prototype stage for their ADAS camera, Sapience Automata has achieved significant milestones. Their accomplishments and the SISFS award they received show how committed they are to driving innovation in vehicle 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.
