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Meet NeuroPixel. AI, A Young Generative AI Startup | NDTV Profit
NDTV Profit
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4/4/2024
How is startup NeuroPixel.AI redefining fashion e-commerce in India?
Rishabh Bhatnagar spoke to founder and CEO Aravind Nair to understand more about the company’s business.
For the latest news and updates, visit ndtvprofit.com
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00:00
As the Indian startup ecosystem embraces the power of artificial intelligence,
00:05
NTTB Prophet got down on the ground in a quest to find ventures that are making a difference.
00:12
Meet NeuroPixel.ai, a young generative AI startup based out of India's Silicon Valley, Bengaluru,
00:20
focused purely on fashion e-commerce.
00:24
We traveled to their headquarters and spoke to founder and CEO Arvind Nair
00:29
to understand more about the business.
00:32
AI as a technology is going to revolutionize the way that we do a lot of things,
00:36
including one of the most mundane, manually intensive tasks that happens on a daily basis with fashion brands,
00:42
and that is cataloging all their clothes.
00:44
With AI, we should be able to automate a large part of this workflow
00:48
and also simultaneously give rise to a higher diversity of models,
00:54
better quality images, etc. that boost the customer experience.
00:57
Despite a product that promises considerable reduction in time and costs for fashion retailers,
01:04
NeuroPixel did face an uphill task in convincing their first few clients
01:09
on why AI was the answer to their catalog wars.
01:13
So we were actually doing generative AI before this generative AI wave of the last year.
01:17
But however, given the gestation period that is typical with these deep tech businesses,
01:21
we've only started deploying our solution about three, four months ago.
01:25
And we've been growing at double digit percentages month over month.
01:29
The first few clients were really difficult,
01:33
but now that we've got a few wonderful brands on board,
01:35
it's becoming a little bit easier to sell both domestically and internationally.
01:39
So we're working in Dubai, in Singapore, and predominantly in India,
01:43
but we are looking to increase our focus on the US and EU very soon.
01:46
Unlike India's first wave of startups that took several years to find product market fit
02:00
and settled on a much narrow targeted target market,
02:04
AI startups in the application layer emerging from India,
02:08
such as NeuroPixel, are building from India but for the world.
02:13
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