US based UST Global invests in Indian startup Cogniphi Technologies
US-based tech company UST Global invested in Cogniphi Technologies, an AI and cognitive technology startup in India.
The strategic investment will accelerate the development and advanced research of Cogniphi's Artificial Intelligence and Vision (AIVI) platform, and the companies will formalise a joint go-to-market strategy, a statement said.
Cogniphi's AI solutions are used by manufacturing, retail, surveillance, public sector, healthcare, and logistics companies. The Trivandrum-based startup also has ongoing projects in telematics, security, and surveillance through its associate company, Ideas and Innovations Squared Technologies (II2).
"Investing in Cogniphi Technologies reflects our continued commitment to offer the best of technologies for our clients. At Cogniphi, we have se...