Frinks AI, a manufacturing AI startup by IIT Hyderabad alumni, raises $5.4m led by Prime Ventures
Bangalore (Karnataka) [India], May 28: Frinks AI, a deep-tech startup founded by IIT Hyderabad alumni, has raised $5.4 million in a Pre-Series A round led by Prime Venture Partners, bringing its total funding to $6.25 million. The company is building next-generation Vision AI systems that help manufacturers automate and elevate quality control on their production lines.
The round also saw participation from existing investor Chiratae Ventures, along with Navam Capital and Ashok Atluri, Founder of Zen Technologies. Frinks AI is additionally backed by prominent industry leaders including Mr. S Ramadorai (former MD & CEO, TCS), Dr. V Sumantran (former Executive Director, Tata Motors), Dr. Tarun Ramadorai (Prof Imperial College of London), and Dr. Gopichand Katragadda (former Group CTO, Tata Sons), who continue to support the company as strategic investors and advisors.
What began as an ambitious idea in the research labs of IIT Hyderabad is now a transformative force in industrial AI. Founded by Aditya Agrawal, Dharmgya Sharma, and Subhra S. Bhattacherjee, Frinks AI is developing foundational vision models -- highly generalizable AI systems purpose-built for visual inspection and quality control in manufacturing.
"With ongoing supply chain disruptions and rising global trade tensions, we're seeing a strong push toward localized manufacturing as countries prioritize internal consumption," said Aditya Agrawal, CEO and Co-founder of Frinks AI. "This marks the beginning of a new industrial revolution--one powered by advanced technologies that drive higher productivity and cost efficiency. Frinks AI is at the forefront of this transformation, helping manufacturers worldwide become more competitive, resilient, and future-ready."
Frinks AI's Vision AI platform is already in use by leading manufacturers across automobile, consumer goods, building materials, and medical devices sectors. Customers have reported measurable improvements in product quality, fewer defects, and major efficiency gains on the factory floor.
With the latest funding, Frinks AI aims to scale its platform across global markets, invest aggressively in R & D, and expand its presence in the US which is a key market for such technologies. To accelerate growth, the company is actively exploring partnerships with automation companies and OEM's for a joint go-to-market initiative. These foundational models are designed to overcome long-standing reliability and generalisation challenges in industrial machine vision, by offering superior intelligence and greater adaptability.
"Visual inspection in manufacturing has been around for 50 years but owing to rule-based approach, its applicability has been limited to
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Standard
2 days ago
- Business Standard
Hexaware Appoints Shantanu Baruah to Lead Healthcare, Life Sciences, and Insurance Globally
PRNewswire Iselin (New Jersey) [US], August 1: Hexaware Technologies (NSE: HEXT), a global IT solutions company, today announced the appointment of Shantanu Baruah as President & Global Head - Healthcare, Life Sciences & Insurance (H & I). He will be based out of the company's New Jersey office and will lead Hexaware's global strategy, growth, and client success initiatives across the vertical. With over 25 years of experience in the healthcare and life sciences industry, Shantanu brings deep domain expertise and a proven track record of building high-performing teams, driving strategic growth, and leading complex client transformations. Prior to joining Hexaware, he served as Executive Vice President at HCLTech, where he led the Healthcare vertical during one of the industry's most disruptive periods and played a pivotal role in expanding business in the Americas. At a time when AI is reshaping everything from drug discovery to diagnostics and preventive care, Shantanu's appointment underscores Hexaware's commitment to delivering real-world impact. With AI and data at the core, Hexaware is focused on helping clients enhance patient outcomes, accelerate innovation, and drive operational efficiencies -- critical pillars shaping the future of healthcare. R Srikrishna, CEO of Hexaware, said, "We're excited to have Shantanu join Hexaware at a time of exciting momentum in our Healthcare, Life Sciences, and Insurance business. His leadership and deep market knowledge will be instrumental in helping our clients navigate the next era of digital health, patient-centric care, and AI-powered innovation." Commenting on his appointment, Shantanu Baruah said, "I'm delighted to join Hexaware and lead the next phase of growth in the H & I vertical. The industry is at an inflection point, and Hexaware's agile culture, customer-first mindset, and AI-led and human intelligence perfected approach make it ideally positioned to partner with clients in delivering better outcomes." Shantanu holds a master's degree in computer applications and a bachelor's degree in zoology, a combination that brings both technical and scientific perspectives to his leadership. This appointment reflects Hexaware's continued focus on strengthening domain leadership and scaling vertical-centric growth to address the evolving needs of global clients. About Hexaware Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose: to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes. Learn more about Hexaware at Photo: Logo:
The Wire
2 days ago
- The Wire
SIEW 2025 Registration Opens: Envisioning Energy Tomorrow, Building Systems Today
SINGAPORE, August 1, 2025 /PRNewswire/ -- Registration is now open for the 18th Singapore International Energy Week (SIEW), happening from 27 to 31 October in Singapore. Organised by the Energy Market Authority (EMA), SIEW 2025 will explore the theme "Envisioning Energy Tomorrow, Building Systems Today", highlighting the urgent need to develop secure, sustainable, and affordable energy systems for the future. 2. SIEW 2025 will bring together key industry leaders including: Governments and International Organisations • H.E. Dr Saleh Ali Hamed Al Kharabsheh, Minister of Energy and Mineral Resources, Hashemite Kingdom of Jordan • H.E. Eddy Soeparno, People's Consultative Assembly Vice Speaker, Republic of Indonesia • Clare McLaughlin, Australia's Governor to the International Energy Agency, and Head of Division, Energy Performance and Security, Australia • Dr Fatih Birol, Executive Director, International Energy Agency • Francesco La Camera, Director-General, International Renewable Energy Agency • Xin Bao'an, Chairman, Global Energy Interconnection Development and Cooperation Organisation • Dr Sama Bilbao y León, Director General, World Nuclear Association • Dato' Ir. Ts. Razib Dawood, Executive Director, ASEAN Centre for Energy Regulators and Utilities • Judy Chang, Commissioner, United States Federal Energy Regulatory Commission • Siti Safinah binti Salleh, Chief Executive Officer, Energy Commission, Malaysia • Mark McAllister, Chairman, Office of Gas and Electricity Markets, United Kingdom • Datuk Ir. Megat Jalaluddin bin Megat Hassan, Chief Executive Officer, Tenaga Nasional Berhad, Malaysia Industry • Andy Piepel, Vice President R&D, Electrical Markets Division, 3M • Dr Owen Chen, Chief Technology Officer & Vice President, Concord New Energy Group • Lim Wee Seng, Group Head of Sustainability, Energy, Renewables & Infrastructure, Project Finance and Strategic Advisory, Institutional Banking Group, DBS Bank • Dominic Genetti, Senior Vice President, Carbon Capture and Storage, ExxonMobil Low Carbon Solutions • Pablo Koziner, Chief Commercial & Operations Officer, GE Vernova • Peter Wong, Executive Director and Managing Director, Hong Kong and China Gas Company • Takao Tsukui, President and CEO, Mitsubishi Power • Leong Wei Hung, Chief Executive Officer, Singapore LNG Corporation • Thorbjörn Fors, Group Senior Vice President and Managing Director of Asia Pacific, Siemens Energy 3. Flagship events at SIEW 2025 include: I. SIEW Summit: Plenary sessions addressing energy resilience, the role of AI, grid integration, natural gas markets, and financing for infrastructure. II. Singapore-IEA Forum: Explores AI's role in smarter, more resilient energy systems and Asia's energy landscape. III. Fifth Singapore- IRENA High-Level Forum: Focuses on regional connectivity and renewable energy investments. IV. The Energy Insights, TechTable, and Thinktank Roundtables will spotlight innovations like small modular reactors, biomethane, and AI-powered low-carbon infrastructure. V. 25th Conference of the Electric Power Supply Industry (CEPSI): Hosted by SP Group, CEPSI will examine regional power sector collaboration and system modernisation across Asia Pacific. VI. SG60@SIEW Energy Showcase: Marks Singapore's 60-year energy journey, spotlighting policy innovations and technologies shaping its future to 2065. 4. Held alongside SIEW 2025, partner events will spotlight evolving energy solutions in Asia: I. Asia Clean Energy Summit: Clean energy innovations from the private sector II. Asia Gas Markets Conference: Role of gas, hydrogen and carbon capture in the energy mix III. Asian Downstream Summit (ADS) | Asian Refining Technology Conference (ARTC) | Ammonia & Carbon Capture Asia (ACCA): Low-carbon tech and digitalisation in industrial energy transformation 5. Register at to enjoy early bird rates and bundled discounts. About the Singapore International Energy Week SIEW is an official trademarked event by the EMA. It is an annual platform for energy professionals, policymakers and commentators to discuss and share best practices and solutions within the global energy space. Photo - (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI This is an auto-published feed from PTI with no editorial input from The Wire.
The Wire
2 days ago
- The Wire
Zoe Energy Storage Secures BNEF Tier 1 Ranking Again
One-Stop Global Services Accelerate Green Transition Worldwide SHANGHAI, Aug. 1, 2025 /PRNewswire/ -- BloombergNEF (BNEF), the globally recognized authority in clean energy research, today released its Energy Storage Tier 1 List for Q3 2025. Zoe Energy Storage has secured its position on this prestigious global ranking for the second consecutive time, reaffirming its leadership in technological innovation, product excellence, robust project delivery capabilities, and expanding market competitiveness. This achievement marks renewed international recognition of Zoe's comprehensive strength in the global energy storage sector. The BNEF Tier 1 certification is widely regarded as the industry's gold standard, serving as a critical reference for financial institutions in commercial lending decisions. Its rigorous assessment evaluates core competencies including project bankability, technological originality, product reliability, deployed project scale, and global operational footprint. Zoe's sustained leadership underscores its formidable end-to-end advantages – from cutting-edge R&D to large-scale commercialization – in an intensely competitive global market. Committed to delivering full lifecycle value, Zoe provides clients with integrated solutions: from green financing consultation during project development, through scenario-specific system design and integration, to post-commissioning operational support and maintenance. Its one-stop service model has gained trust across 30 countries and 70 cities worldwide, serving 100 industry segments spanning commercial & industrial and utility-scale applications. Additionally, Zoe partners with leading global insurers to provide comprehensive safety guarantees throughout project lifecycles. Looking ahead, Zoe will intensify R&D investments in core storage technologies and diversified product portfolios to deliver more advanced, reliable, and efficient solutions. "We remain focused on addressing diverse global application needs," stated a company spokesperson. "Through continuous innovation and exceptional service, we are committed to powering high-quality, sustainable growth in the energy storage industry while advancing global carbon neutrality goals." About Zoe Energy Storage As a global Tier 1 energy storage integration and solution provider, Zoe's flagship Z BOX product series meets stringent international safety and quality certifications. The company operates a fully integrated value chain from R&D and certification to mass deployment, delivering secure and cost-effective energy storage systems worldwide. (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR This is an auto-published feed from PTI with no editorial input from The Wire.
