IdeaScaler invests in Bengaluru-based PredActAI
US-based studio investment fund IdeaScaler recently announced that they invested in AI/ML focused startup PredActAI. The latter is a Bengaluru-based startup focused on providing its customers with predictive yet actionable artificial intelligence. PredActAI, through this investment, stands to access IdeaScaler’s ecosystem consisting of vendors, customers, partners, geo-reach, and infrastructure.
“We are extremely pleased to be an IdeaScaler-invested startup,” said President of PredActAI Balaji Dandapani.
PredActAI’s product offerings include their flagship products such as RADAR NDT (tool for identification, marking, and measuring defects in welded joints), PredAct SM4.0 (AI/ML focused tool to improve operational reliability, product quality, and safety), PredAct AQUA (tool for monitoring and controlling systems for aquaculture ponds and farms), and PredAct RAIL (safety management tool for making rail travel more comfortable and safer).
“Our High Impact Industrial AI solutions bring tremendous cost savings, risk mitigation, quality improvement, and disruption avoidance. Our solutions are being piloted by Indian Railways and at a nuclear power plant near Chennai,” stated PredActAI CEO.
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