About SwitchOn
SwitchOn is a company based in Bengaluru (India) founded in 2017 by Avra Banerjee and Aniruddha Banerjee. SwitchOn has raised $6.11 million across 6 funding rounds from investors including pi Ventures, Axilor Ventures and The Chennai Angels. The company has 41 employees as of April 06, 2024. SwitchOn offers products and services including DeepInspect and Quality Inspection Solution. SwitchOn operates in a competitive market with competitors including Cogniac, LANDING AI, Inspekto, Jidoka and UnitXlabs, among others.
- Headquarter Bengaluru, India
- Employees 41 as on 06 Apr, 2024
- Founders Avra Banerjee, Aniruddha Banerjee
- Stage Minicorn
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Abee Research Labs Private Limited
- Date of Incorporation 19 Jul, 2017
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$111.71 K (USD)3.36as on Mar 31, 2023
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Net Profit
-$408.26 K (USD)-134.72as on Mar 31, 2023
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EBITDA
-$331.62 K (USD)-83.26as on Mar 31, 2023
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Total Equity Funding
$6.11 M (USD)
in 6 rounds
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Latest Funding Round
Not available
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Investors
pi Ventures
& 25 more
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Employee Count
41
as on Apr 06, 2024
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Products & Services of SwitchOn
SwitchOn offers a comprehensive portfolio of products and services, including DeepInspect and Quality Inspection Solution.
AI tool for detecting visual defects in manufacturing with high accuracy.
Platform to train models and inspect parts at high speeds.
People of SwitchOn
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Funding Insights of SwitchOn
SwitchOn has successfully raised a total of $6.11M across 6 strategic funding rounds. 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.
Investors in SwitchOn
SwitchOn has secured backing from 26 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include pi Ventures, Axilor Ventures and The Chennai Angels.
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Deep-tech venture capital investments in early-stage companies.
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Sector-agnostic startups are accelerated by SINE, backed by IIT Bombay.
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Investor details for SwitchOn
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Investments & Acquisitions by SwitchOn
Investment portfolio details for SwitchOn
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Financial Statements - SwitchOn
Detailed financials for SwitchOn
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Switchon Comparisons
Peer comparison for SwitchOn
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Competitors of SwitchOn
SwitchOn operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cogniac, LANDING AI, Inspekto, Jidoka and UnitXlabs, among others.
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AI-based platform is utilized for managing visual operations in businesses.
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AI-based platform for identifying defects
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Autonomous machine vision systems for quality inspection are provided.
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Autonomous AI vision solutions are provided for inspection and optimization.
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AI-based inspection systems for manufacturing defects are provided.
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Remote-sensing and machine vision solutions for industrial inspections are provided.
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Detailed competitors of SwitchOn
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Latest news on Switchon
Complete news archive for SwitchOn
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Frequently Asked Questions about SwitchOn
SwitchOn was founded in 2017 and raised its 1st funding round 1 year after it was founded.
SwitchOn is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
SwitchOn is a funded company, having raised a total of $6.11M across 6 funding rounds to date.
As of Apr 06, 2024, the latest employee count at SwitchOn is 41.
Annual revenue of SwitchOn is $111.71K as on Mar 31, 2023.
SwitchOn was founded in 2017 in Bengaluru, India, as a provider of AI-driven visual inspection tools for the manufacturing sector. Defects are identified in production processes to support quality control and cost reduction. The platform is deployed rapidly and integrated into existing lines with limited interruption. High-speed, accurate detection is enabled across industries, with quick adaptability to new product types via targeted training.
SwitchOn's top competitors include Jidoka, Headwall Photonics and UnitXlabs.
SwitchOn offers DeepInspect and Quality Inspection Solution.
SwitchOn has 26 investors. Key investors include pi Ventures, Axilor Ventures, The Chennai Angels, SilkRoute Indchem, and Anjana Software Solutions.
The valuation of SwitchOn is $12.19M as of Dec 2022.