Bengaluru: Nueromind Technologies Private Limited, a cutting-edge deep-tech AI company owned by Infibeam Avenues Ltd, has entered into a Memorandum of Understanding (MoU) with Nawgati Tech Private Limited, a pioneering deep-tech company transforming India’s fuel and mobility infrastructure. This deal aims to co-develop next-generation AI-powered solutions tailored for the fueling, fleet, and energy sectors to automate reasoning capabilities for accurate decision making on real-time basis by using CCTV-video inputs.
Phronetic’s ABM platform is a multimodal technology that combines Video-Language Models (Video-LLMs) with a reasoning model. The Video-LLMs provide insight for understanding the environments, while the reasoning models provides intelligence in contextualizing this information. Ultimately, Phronetic’s Agentic AI, known as the field agent, enables real-time actions based on these insights.
Companies often face operational challenges related to improving efficiency and ensuring SOP (standard operating procedures) compliance. Although current technologies can identify or detect these challenges, they fall short in providing decision-making and action-oriented suggestions due to their lack of reasoning capabilities with video inputs.
“While reasoning capabilities using text are available in the market, there is a significant gap in reasoning models that effectively utilize video inputs, especially in industries such as manufacturing and retail, where physical production and on-the-floor activities take place. By leveraging reasoning capabilities to analyze video feeds, organizations can dramatically enhance their efficiency and SOP compliance, which will ultimately contribute to their business growth,” explained Mr. Rajesh Kumar, CEO of Phronetic AI, emphasizing that Phronetic’s technology addresses the pressing need for accurate decision-making by automating reasoning tasks and aiding to take an action.
Expressing his enthusiasm, Mr Rajesh Kumar further said “Partnering with Nawgati allows us to apply our intelligence at scale and create real-world impact in high-throughput, high-stakes energy operations.”
Mr. Vaibhav Kaushik, Co-Founder & CEO of Nawgati, said: “Nawgati is leading the digital transformation of India’s fuelling infrastructure through deep-tech solutions powered by AI and advanced deep learning algorithms. Our flagship platform, Aaveg, is deployed across thousands of fuel stations to monitor retail operations in real time, reduce pilferage, and ensure SOP compliance. We are delighted to work with Phronetic and leverage their advanced AI capabilities to enhance the intelligence and efficiency of our solutions. Together, we’re unlocking a new era of autonomy and efficiency across fuel and fleet networks.”