Latest news with #PrimeVenturePartners


Time of India
7 days ago
- Business
- Time of India
Frinks AI, a manufacturing AI startup by IIT Hyderabad alumni, raises $5.4m led by Prime Ventures
Bangalore, 27th May 2025 — 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 ' said Brij Bhushan, Partner at Prime factories embrace AI-led production, Frinks AI is enabling them to achieve higher quality, lower costs, and faster turnaround. Powered by five years of deep research, its foundational vision models automate the cognitive layer of manufacturing, starting with visual inspection and quality a no-code platform, manufacturers can easily customize workflows, integrate with existing systems, and scale across lines. Today, Frinks AI's intelligence runs on over 1,000 production lines globally across automotive, consumer goods, medical devices, cement, and steel boosting throughput, reducing defects, and ensuring consistent quality.
&w=3840&q=100)

Business Standard
27-05-2025
- Business
- Business Standard
Bengaluru startup Frinks AI raises $5.4 mn to expand Vision AI solutions
Frinks AI, a Bengaluru-based deep-tech startup focused on machine vision for manufacturing, has raised $5.4 million in a Pre-Series A funding round. The round was led by Prime Venture Partners, with participation from Chiratae Ventures, Navam Capital, and Ashok Atluri, founder of Zen Technologies. This brings the company's total funding to $6.25 million. Founded by IIT Hyderabad alumni Aditya Agrawal, Dharmgya Sharma, and Subhra S Bhattacherjee, Frinks AI builds Vision AI systems for industrial use cases like visual inspection and quality control. According to the company, its technology is deployed across over 1,000 production lines in sectors including automotive, consumer goods, medical devices, and construction. 'With ongoing supply chain disruptions and rising global trade tensions, we're seeing a strong push toward localised manufacturing as countries prioritise internal consumption,' said Agrawal. Versatile, no-code platform Frinks AI is developing general-purpose vision models that can be adapted to different manufacturing environments. These models are designed to work with minimal training data and tackle challenges such as accuracy and deployment complexity. The startup also offers a no-code platform that lets users integrate vision AI tools into their existing production systems and customise inspection workflows. Customers have reported improvements in defect detection and production efficiency, though independent performance metrics have not been disclosed, the company said. Advisors and investor confidence Frinks AI is advised by industry veterans and academics, including S. Ramadorai (former CEO of TCS), Gopichand Katragadda (former CTO of Tata Sons), and Tarun Ramadorai (Imperial College London). Brij Bhushan, partner at Prime Venture Partners, said Frinks AI's technology addresses longstanding limitations in traditional machine vision. 'Visual inspection in manufacturing has been around for 50 years but, due to rule-based approaches, its applicability has been limited to less than 15 per cent of scenarios on a typical assembly line,' Bhushan said. 'Frinks has leveraged advancements in image processing and AI compute to develop manufacturing-specific models. By combining foundational models with in-house fine-tuning using a small set of images, Frinks is able to guarantee 99.99 per cent accuracy to its customers.' Frinks AI: Future plans With the new funding, Frinks AI plans to expand its presence in the US, invest further in R&D, and explore partnerships with OEMs and automation companies to accelerate adoption. The company aims to establish its technology as a core infrastructure layer for intelligent manufacturing globally.


Entrepreneur
27-05-2025
- Business
- Entrepreneur
Deep-Tech Startup Frinks AI Closes USD 5.4 Mn Round Led by Prime Venture Partners
The round also saw participation from existing investor Chiratae Ventures, Navam Capital, and Ashok Atluri, Founder of Zen Technologies, bringing Frinks AI's total funding to USD 6.25 million. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Frinks AI, a deep-tech startup founded by IIT Hyderabad alumni Aditya Agrawal, Dharmgya Sharma, and Subhra S. Bhattacherjee, has raised USD 5.4 million in a Pre-Series A funding round led by Prime Venture Partners. The round also saw participation from existing investor Chiratae Ventures, Navam Capital, and Ashok Atluri, Founder of Zen Technologies, bringing Frinks AI's total funding to USD 6.25 million. The company plans to deploy the new capital to expand its Vision AI platform across global manufacturing markets, invest in cutting-edge R&D, and build a strong presence in the US—one of its key target geographies. It is also forging strategic go-to-market partnerships with OEMs and automation firms to scale adoption. "With ongoing supply chain disruptions and rising global trade tensions, we're seeing a strong push toward localised manufacturing as countries prioritise internal consumption," said Aditya Agrawal, CEO and Co-founder. "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." Frinks AI specialises in building foundational Vision AI models tailored for visual inspection and quality control in manufacturing. These systems, backed by over five years of deep research, provide manufacturers with highly accurate, generalisable AI solutions. By combining foundational models with in-house fine-tuning using minimal data, Frinks guarantees up to 99.99% inspection accuracy. "Visual inspection in manufacturing has existed for decades but has long been limited by rule-based systems," noted Brij Bhushan, Partner at Prime VP. "Frinks' proprietary models dramatically improve applicability and reliability. We're excited to support their journey to scale globally." Frinks AI's no-code platform empowers manufacturers to automate inspection workflows, integrate seamlessly with existing infrastructure, and deploy at scale. Currently operational across 1,000+ production lines worldwide, its technology is used in industries including automotive, consumer goods, building materials, cement, steel, and medical devices. Customers have seen significant improvements in defect reduction, product consistency, and throughput. Strategic support from leaders such as S Ramadorai (former MD & CEO, TCS), Dr V Sumantran (former Executive Director, Tata Motors), and Dr Gopichand Katragadda (former Group CTO, Tata Sons) reinforces Frinks AI's mission to revolutionize factory floors with intelligent automation. Frinks AI is not just building tools—it is enabling manufacturers to achieve flawless production, drive global competitiveness, and future-proof operations in an era of AI-led industrial evolution.