About augurai
augurai is a Technology company based in Tiruchirappalli (India) founded in 2022 by Balakumar Murugaiyan and Ravishankar Rajagopalan. It operates as an AI and SaaS-based automated machine vision systems are provided. It operates in the Technology and Industrial Goods & Manufacturing sectors. augurai has raised $59.83 thousand across 1 funding round from investors including SASTRA. The company has 10 employees. Its chief executive is Ravishankar Rajagopalan. Its Indian entity Augurai Private Limited reported revenue of ₹43.8 Lakh. augurai offers products and services including AugurAI System and Defect Detection Software. Its focus areas include High Tech, Computer Vision, Industry Specific Applications and Manufacturing. Its competitors include Cogniac, LANDING AI, Inspekto, Jidoka and Headwall Photonics and 3 more; 6 of its 8 listed competitors have raised funding.
Company details
Augurai was founded in 2022 in Tiruchirappalli, India, as a provider of AI and SaaS-based automated machine vision systems. Operations focus on developing and deploying these systems for industrial applications, including quality inspection and process automation. Services are delivered through cloud-based platforms to support scalable vision solutions. The company is led by co-founders Balakumar Murugaiyan and Ravishankar Rajagopalan, with emphasis on technology integration in the manufacturing sector.
- Headquarters Tiruchirappalli, India
- Employees 10
- Founders Balakumar Murugaiyan, Ravishankar Rajagopalan
- SectorsTechnologyIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website theaugurai.com
- Social LinkedIn
- Legal Name Augurai Private Limited
- Date of Incorporation 05 Jan, 2022
- Jurisdiction Srirangam, Tamil Nadu, India
- Annual Revenue₹43.8 Lakh
FY 2023
- Net Loss-₹28.6 Lakh
FY 2023 · -65% margin
- EBITDA-₹36.9 Lakh
FY 2023 · -84% margin
- Total Equity Funding$59.83K (USD)
in 1 rounds
- Latest Funding Round$59.83K (USD), Seed
Jul 2024
- Investors
- Employee Count10
Associated legal entities of augurai
augurai operates through Augurai Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Augurai Private Limited CIN U72900TZ2022PTC037931 | Active | 05 Jan 2022 | Srirangam, Tamil Nadu | ₹0.4 Cr | 10 | 2 | View details |
Products & Services of augurai
augurai offers a comprehensive portfolio of products and services, including AugurAI System and Defect Detection Software.
Automated tool for real-time defect detection in manufacturing.
Software for identifying internal and external production errors.
Funding Insights of augurai
augurai has successfully raised a total of $59.83K through 1 strategic funding round. The most recent funding activity was a Seed round of $59.83 thousand completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $59,832
- Total Rounds 1
- Last Round Seed — $59,832
- First Round $59,832
(Jul 2024)
- Investors Count 1
All 1 funding rounds of augurai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2024 | $59,832 | Seed | – | SASTRA | – |
1 investors in total: 1 institutional.
Investors in augurai
augurai has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SASTRA.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government-backed incubator focused on additive manufacturing, IoT, and multiple sectors | – | sastratbi.in | Thanjavur, India |
Investor details for augurai
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Board of directors of Augurai Private Limited (augurai)
Augurai Private Limited is the primary company behind augurai. The board of Augurai Private Limited currently have 2 directors; the longest-serving is Ravishankar Rajagopalan, appointed in 2022. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravishankar Rajagopalan DIN 09458663 | Director | 05 Jan 2022 | 4 yrs 9 mo | Augurai Private Limited |
| Savitha Veeraraghavan DIN 09458664 | Director | 05 Jan 2022 | 4 yrs 9 mo | Augurai Private Limited |
People of augurai
2 people are tracked at augurai (2 in leadership); the tracked headcount is 10.
| Name | Role | Group |
|---|---|---|
Balakumar Murugaiyan | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership |
Complete people profiles for augurai
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Financials of augurai
Figures of Augurai Private Limited, the primary company behind augurai, for FY 2023. Revenue was ₹43.8 Lakh. Net loss was -₹28.6 Lakh (-65% margin). EBITDA was -₹36.9 Lakh (-84% margin).
- ₹43.8 LakhRevenue · FY 2023
- -₹28.6 LakhNet loss · -65% margin
- -₹36.9 LakhEBITDA · -84% margin
- ₹1 LakhPaid-up capital
- 10Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Augurai Private Limited are on its company page.
Detailed financial statements for augurai
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of augurai
2 dated milestones of augurai across 2 years, from founding to its latest funding, stage changes and deals.
- Founded augurai is founded.
- Funding First funding round of $60K.
Competitors of augurai
augurai has 8 listed competitors in our database, 6 of them funded. They include Cogniac, LANDING AI, Inspekto, Jidoka and Headwall Photonics, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cogniac.ai | 2015 | San Jose, United States | $45.79M | 37 | AI-based platform is utilized for managing visual operations in businesses. | |
| landing.ai | 2017 | Palo Alto, United States | $57M | 28 | AI-based platform for identifying defects | |
| inspekto.com | 2017 | Tel Aviv, Israel | $10M | – | Autonomous machine vision systems for quality inspection are provided. | |
| jidoka-tech.ai | 2018 | Chennai, India | $1.22M | 42 | Autonomous AI vision solutions are provided for inspection and optimization. | |
| headwallphotonics.com | 2003 | Fitchburg, United States | – | 71 | Remote-sensing and machine vision solutions for industrial inspections are provided. | |
| unitxlabs.com | 2019 | San Jose, United States | $5M | – | AI-based inspection systems for manufacturing defects are provided. | |
| stemmer-imaging.com | 1987 | Munich, Germany | – | 327 | Machine vision technology is supplied for science and industrial uses. | |
| ethon.ai | 2021 | Switzerland | $23.43M | – | Diversified AI services are provided by Ethon from Switzerland. |
Detailed competitors of augurai
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Top companies in Computer Vision & Imaging AI
10 companies that operate in the same segment as augurai (Computer Vision & Imaging AI), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based satellite imagery data and analytics solutions are provided. | 2010 | San Francisco, California, United States | USD 601.59 M | USD 307.73 M | 1,749 | |
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,820 | |
Provider of AI-based drone surveillance solutions for defense and maritime sector | 2017 | Orange, California, United States | USD 11.29 B | – | 9,670 | |
Provider of SDK for smart data capture from barcodes, files, and IDs | 2009 | Zurich, Zurich, Switzerland | USD 273.1 M | – | 363 | |
Cloud-based analytics solutions for retail shelf management are delivered. | 2010 | Singapore, Singapore, Singapore | USD 1.03 B | USD 15.24 M | 567 | |
Facial recognition and AI video analysis solutions are provided. | 2011 | Beijing, Beijing, China | USD 1.98 B | – | 413 | |
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | – | 73 | |
AI-driven image recognition for emotion and activity analysis is provided. | – | Boston, Massachusetts, United States | USD 59.7 M | – | 40 | |
AI-driven dashcams and road safety solutions are provided for drivers. | 2015 | Tel Aviv, Israel | USD 149.5 M | – | – | |
Autonomous drones, software, and accessories are manufactured for various sectors. | 2014 | San Mateo, California, United States | USD 825 M | – | 1,067 |
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Related news about Augurai
Complete news archive for augurai
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Frequently Asked Questions about augurai
augurai was founded in 2022 and raised its 1st funding round 2 years after it was founded.
augurai is headquartered in Tiruchirappalli, India. It is registered at Tiruchirappalli, Tamil Nadu, India.
Ravishankar Rajagopalan is the current CEO of augurai. They have also founded this company.
augurai is a funded company, having raised a total of $59.83K across 1 funding round to date. The company's 1st funding round was a Seed of $59.83K, raised on Jul 2024.
augurai has 10 employees.
The primary company behind augurai, Augurai Private Limited, reported revenue of ₹43.8 Lakh for FY 2023.
Augurai was founded in 2022 in Tiruchirappalli, India, as a provider of AI and SaaS-based automated machine vision systems. Operations focus on developing and deploying these systems for industrial applications, including quality inspection and process automation. Services are delivered through cloud-based platforms to support scalable vision solutions. The company is led by co-founders Balakumar Murugaiyan and Ravishankar Rajagopalan, with emphasis on technology integration in the manufacturing sector.
augurai's top competitors include Jidoka, Headwall Photonics and UnitXlabs.
augurai offers AugurAI System and Defect Detection Software.
augurai has 1 investor. Key investors include SASTRA.
augurai operates through Augurai Private Limited.
The legal entities of augurai currently have 2 directors, including Ravishankar Rajagopalan, Savitha Veeraraghavan.