Dheeraj Jain, Managing Partner at Redcliffe Capital, has invested an undisclosed amount in Delhi-based ASADEL Technologies Pvt. Ltd which works in the domain of Video analytics and Enterprise Safety company. For his investment, he has picked up 10 per cent stake in the company.
The company was founded in early 2015 by an IT industry expert Partha Guha Patra. It is a technology platform with core philosophy to amalgam development of sustainable products and services with the value it creates & brings to lives of people it serves. And such developments are supported by ASADELTECH’s inherent culture of continuous research, analysis, and innovation.
The company is committed to build technology and engineering solutions that would help usher convenience and add value to quality of lives of users. ASADELTECH builds high-end state-of-the-art mobile, web and engineering solutions deploying future-ready technologies. It has been building innovative and state-of-the-art, user-friendly solutions in health and medical analytics, wearable devices for women and senior citizens.
ASADEL Technologies launched its products in C2IS (Command, Control, Intelligence, and Surveillance) domain. The company has also developed deep expertise in building solutions and products those cater to efficient management of safety & emergency needs of individuals and businesses.
Commenting on their future plans, Patra said:
We are adding deep-learning techniques to ensure our existing solutions achieve results with high accuracy in much less time
The company helps enterprises improve the quality of response, investigations, and intelligence using advanced predictive analytics on location data records (LDR) and reconstructed images and videos from user’s mobile phones or CCTV cameras.
The company developed iSOSu™ which is a personal emergency responder with a 24×7 Command & Control solution. Along with that, one more product of the company is IMARECON™ which is basically a smart image & video enhancer and re-constructor.
Explaining about IMARECON, Dheeraj Jain said:
IMARECON is an efficient and powerful cloud-based platform that enhances and reconstructs images & videos, and allows dynamic setting of over 70 parameters. I believe this is a niche space with immense opportunities and the practice built around such capability can logically move to powerful AR & VR platforms. We already have numerous contracts globally under execution
Welcoming Dheeraj Jain on board, Patra said:
We are excited to have Dheeraj Jain on-board ASADELTECH™. We are all poised to benefit from his deep experience and network as we embark ourselves addressing global markets
ASADEL Technologies has tie-ups with Passy Experience Limited, Sofia (Bulgaria) headed by Dr. Solomon Passy, Former Chairman at UN Security Council and Former Foreign Minister of Bulgaria. It was reported that Dr. Passy has recently joined the Advisory Board of the company.