
Avantari Technologies
Design and development company working in the space of healthcare, wearables, iot and augmented reality.
Date | Investors | Amount | Round |
---|---|---|---|
* | $200k | Angel | |
Total Funding | 000k |
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Avantari Technologies Private Limited operates as a research and development firm specializing in turning client concepts into market-ready products through the application of Augmented Reality (AR), Artificial Intelligence (AI), and the Internet of Things (IoT). Founded in 2012 at Oxford University and officially registered in India in 2014, the company was established by Bhairav Shankar, the Managing Director, and Shankar Mani, the Director. The Hyderabad-based firm provides end-to-end product development services, from industrial design and software engineering to custom machine learning model development.
The company's business model is centered on providing bespoke technology solutions and services to a diverse client base that includes corporations like Marico and Coca-Cola, as well as organizations such as UNICEF. Avantari's revenue is generated through these project-based services. For the fiscal year ending March 31, 2024, the company reported revenues of ₹43.6L. The company engages in creating both software and hardware, integrating AR/VR interfaces, AI algorithms, and IoT connectivity to build comprehensive solutions. This allows their clients' customers to interact with data in three-dimensional spaces and enables process automation through intelligent device control.
A notable in-house product is the 'Dhyana' smart ring, a biomedical wearable designed to monitor and quantify mindfulness and stress levels. Initially launched in 2019, the device analyzes Heart Rate Variability (HRV) to provide insights into a user's breathing, focus, and relaxation during meditation. The second generation of the ring introduced real-time stress notifications throughout the day. Another significant project was the development of a Deepfake-Enabled Chat Service (DECS) for the Aam Aadmi Party's 2020 Delhi Elections campaign, which created lifelike AI interactions with a political figure. The firm also developed 'Ein,' a watch that measures multiple cardiac parameters.
Keywords: augmented reality solutions, artificial intelligence development, IoT product development, biomedical wearables, custom software engineering, machine learning models, AR/VR services, hardware integration, Dhyana smart ring, client-based tech solutions, R&D firm, end-to-end product development, deepfake chat service, cardiac monitoring wearables, mindfulness technology, stress level monitoring, data visualization, process automation, consumer technology, innovation services