AI Startup Mad Street Den raises funding from Japan’s KDDI

techiexpert
Sep 7, 2018 · 1 min read

India and US-based computer vision and artificial intelligence startup Mad Street Den has raised an undisclosed amount of funds from Japan-based telecom operator KDDI via KDDI Open Innovation Fund 2, managed by Tokyo-based independent venture capital firm Global Brain.

The funds raised will be used to improve its AI capabilities, along with growing their sales and marketing team.

The new partnership with KDDI and Global Brain will also help the AI startup to expand business in Japanese and Asian markets, along with forging new partnerships and alliances.

Mad Street Den was founded by a husband-wife duo Ashwini Asokan and Anand Chandrashekran in 2013. The startup’s primary product is Vue.ai, an artificial intelligence and image recognition platform for the apparel industry.

Vue.ai offers various solutions like VueTag, an AI-powered catalogue management tool for better product discovery. It offers a list of other solutions that help its client to enhance customer experience, reduce costs, and design effective marketing solutions.

To read these type of articles, please have a look at the Techiexpert.com and start reading all the techie articles on a daily basis.

techiexpert

Written by

TechiExpert.com is a Tech blog on emerging technologies #IOT, #BigData, #CloudComputing, #DataAnalytics, #AI and technology startup news in india