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#News(Startup) [ via IoTForIndiaGroup ]
SRI Capital, an early stage venture capital fund promoted by serial entrepreneur Sashi Reddi, has invested “a few crores” in DreamVu, a camera technology start-up.
The start-up developed a cost-effective omni-directional camera platform inspired by human binocular vision and perception.
Advanced features
“It helps in providing augmented navigation capabilities and a full scene-understanding of unconfined and dynamic environments to autonomous robots,” Jay Krishnan, Partner at SRI Capital and Chief Executive Officer of tech incubator T-Hub, said.
“Unlike other cameras in the market, our products do not require stitching. They capture the data with minimal processing and power requirements,” Rajat Aggarwal, CEO and Co-founder at DreamVu, said.
Incubated at the International Institute of Information Technology (IIIT-Hyderabad), DreamVu has become the second company that got funded by SRI Capital.
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