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BYTES receives funding from the WTFund of Nikhil Kamath
BYTES, an AI-powered ADAS for two-wheeler mobility, has developed from stealth mode and secured subsidizing from Nikhil Kamath's WTFund as portion of its moment cohort for 2024. The company has secured a ₹20 lakh non-dilutive allow to quicken its point of improving road safety through cutting-edge AI and computer vision technology.
The new stores will be utilized to dispatch pilot programs with driving two-wheeler OEMs, coordination its AI security framework into real-world utilize cases, BYTES said in a press discharge.
Propelled in Admirable 2024 by Prakhar Agrawal and Aayush Kumar, BYTES builds an AI-powered Progressed Driver Help System (ADAS) for two-wheeler portability. Their restrictive vision innovation and progressed AI models give real-time alarms and can take halfway control in basic minutes, making a difference riders avoid accidents.
Agreeing to the Bengaluru based company, it has as of late propelled an advanced driver assistance system (ADAS) for two-wheelers. The company is sponsored by WTFund, IIMB's NSRCEL (a hatchery for startups and business visionaries), NVIDIA's Beginning Program for Startups, Microsoft for Startups, and the Wadhwani Foundation.
As per showcase research, each year, over 50 million street accidents happen all inclusive, with two-wheelers accounting for 60% of them. Human error contributes to 90% of these crashes, and the absence of strong security highlights increments the chance of casualty by 40%.
BYTES tries to form a future where no two-wheeler accident comes about in a preventable misfortune of life. The company centers on bridging the security gap for two-wheelers with a scalable, technology-first approach.
WTFund gives up to Rs 20 lakh in allow financing, at the side mentorship and strategic partnerships, to assist new businesses scale their affect.
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