NeoSapien Raises INR 80 Lakhs on Shark Tank
NeoSapien Raises INR 80 Lakhs on Shark Tank

NeoSapien Raises INR 80 Lakhs on Shark Tank

News summary

NeoSapien, a startup founded by Dhananjay and Aryan Yadav in 2024, has gained attention in the wearable tech market with its product, Neo 1, touted as India's first AI-native wearable. The innovative device, described as a 'Second Brain,' offers features such as real-time conversation tracking and emotional insights. NeoSapien secured an investment of INR 80 Lakhs from Namita Thapar during Shark Tank India Season 4, which will aid in launching initial production and enhancing research and development efforts. The startup aims for global expansion by 2025, backed by an advisory network that includes notable investors like Anupam Mittal and Sameer Mehta. With the wearable AI market projected to reach USD 138.5 billion by 2029, NeoSapien positions itself at the forefront of this technological revolution. The company emphasizes user privacy, ensuring data ownership remains with users as it develops its AI capabilities.

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