Indian deeptech pup OneARVO has raised Rs 1.23 crore in a pre-seed funding spherical led by Inflection Point Ventures (IPV), a Gurugram-based angel funding platform.

The startup will use the funds to increase its expertise group, construct an AI lab for datasets, and execute go-to-market methods.

Based in 2023 by Sumit Goswami and Duke Banerjee, OneARVO is a New Delhi-based deeptech startup working on the intersection of AI and blockchain.

It helps manufacturers defend, monitor, and authenticate merchandise throughout the provision chain, and fight counterfeiting by means of a tamper-proof, copy-proof labelling system that creates immutable digital information. The startup has launched a copy-proof code and AI-based tamper-proof labels

Inside six months of launch, OneARVO has generated $10,000 in income from two paying shoppers and has delivered 4 proof-of-concept initiatives. The startup has 15 staff working throughout its places of work in Delhi and Noida.

Over the following 12 to 18 months, the startup plans to increase its AI lab and product group, strengthen ERP and printing integrations, and velocity up enterprise deployments throughout prescribed drugs, automotive aftermarket, and industrial manufacturing in India and export markets.

The startup goals to construct an AI-first platform that provides steady traceability, audit-ready compliance, and distinctive unit verification, described as an

“AADHAR for merchandise.” Sumit Goswami, CEO and Co-founder, mentioned, “Over the following 12–18 months, we’ll increase our AI lab and product group, deepen ERP and printing integrations, and speed up enterprise deployments throughout prescribed drugs, automotive aftermarket, and industrial manufacturing in India and overseas. With the proper partnerships, we’re able to take this impression to a world stage.”