AI India

Bengaluru-Based AI Startup Ayna Raises $1.5M to Transform Product Photography

Inflexor Ventures has led a $1.5 million seed funding round for Bengaluru-based AI startup Ayna. The funding will enhance AI capabilities, expand the team, and revolutionize product photography for brands.

In Short

  • The funding will strengthen Ayna’s AI technology, allowing brands to access virtual, immersive, and hyper-personalized shopping experiences.
  • Ayna’s unique compound foundational models (CFMs) provide brands with granular control over product photos, eliminating long turnaround times and high costs.
  • Ayna is preparing to enter the US market and form strategic alliances to extend the reach and impact of its AI-driven product photography solutions.

The early-stage investment platform Inflexor Ventures led a $1.5 million seed funding round for the Bengaluru-based generative AI firm Ayna.

The startup intends to use the money raised to strengthen its AI skills, grow its workforce, and advance its goal of offering top-notch product photography to companies of all kinds.

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Yash Bansal stated, “With this funding, we can improve our technology, even more, to enable all brands to have access to virtual, immersive, and hyper-personalized shopping experiences, blurring the boundaries between online and offline shopping.”

Yash Bansal and Aastha Rajpal launched Ayna in 2023 to allow marketers to execute large-scale, studio-quality product photoshoots virtually, eliminating the need for in-person sessions.

Concerning previous approaches and rudimentary AI solutions, the startup’s unique compound foundational models (CFMs) give brands granular control over every component of their product photos.

Co-founder of Ayna, Yash Bansal, continued, “Ayna is pioneering the use of diffusion models within a unique compound foundational model framework to create a paradigm shift in the product photography industry.”

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It states that some of its notable clients are Clovia, Wakefit, and WomanLikeU from Reliance Retail. 

With Ayna’s generative AI technology, long turnaround times, expensive overhead, and creative constraints are all gone. This enables brands to maximize conversion through the optimization of their product images.

The startup from Bengaluru is preparing for a calculated move into the US market to capitalize on the enormous e-commerce sector and the growing need for innovative solutions.

Furthermore, it is aggressively looking to form strategic alliances with other marketplaces to make its potent AI technology available to a wider range of sellers and increase the effect and reach of its products.

Also Read: AI Residency Program Launched by Sarvam AI, Paying Up to INR 1 Lakh Per Month

This post was last modified on June 19, 2024 8:32 am

Kumud Sahni Pruthi

A postgraduate in Science with an inclination towards education and technology. She always looks for ways to help people improve their lives by putting complex things into simple words through her writing.

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