Sapio Analytics (1) has secured 1,50,000 USD via Indeed Smart City and a Dentsu Aegis Network Communications India Private Limited associations unit. The data-driven government advisory firm has its presence in the US, UK, and India. The latest tranche came as a co-ownership in its AI product that functions as an Administration of a virtual city.
The AI system is currently under development for Lucknow Smart City via a feasible arrangement. The system is already conceptualized for the Nagpur Smart City. The company would utilize fresh infusions to develop its products, especially machine learning modules.
Dentsu Aegis Network Communications is an extended arm of the larger Dentsu Aegis Network group. A Japanese advertising and media relations company, Dentsu controls it. The group is spread across 145 countries via its several subsidiaries and branches.
Sapio Analytics Aims to Create Nation-Building AI-Driven Products
The Mumbai-headquartered company has also included new leaders in its global advisory board along with the funding. As per the statement of the firm, the role of the board is to create nation-building tools. They also take the help of some of the most outstanding world leaders to develop the products. The board members include Lord Rami Ranger CBE, Lt General KJ Singh PVSM, and Dr. Dinesh Tryambake.
Hardik Somani, the COO of Sapio Analytics, stated that their innovations share a common goal of developing nation-building products. Data analytics and AI tools drive these products. The firm is aiming to redefine the governance and policy making procedures. He added that with the support of Indeed Smart City and new board members, the firm would create a future that would impact billions’ lives.
Sapio Analytics is working on a governance ecosystem driven by AI and Data tools and replicating all the government departments with more than 15 nation-building products. Several segmentations include intelligence, healthcare, city administrations, and many others. A joint technology base controls all products.
As per the company, it has assets and contracts worth over 16 crore INR since its inception. Some of Sapio Analytics clients include the Indian Government body TIFAC, Telangana Government, Uttar Pradesh Government, among others.
Author: Rucha Joshi
Source : https://timesnext.com/sapio-analytics-a-govt-advisory-firm-bags-150k-usd/
Date : 2020-09-29T06:48:34.000Z