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Enterprise Applications Seed Founded 2021

Ripik.AI

Ripik.AI is an applied AI company developing computer vision agents that provide 24/7 real-time monitoring of materials, equipment, and processes across heavy industries including steel, cement, aluminum, power, chemicals, and other manufacturing operations. The platform's vision AI agents act as an automated pair of eyes, delivering 95%+ accuracy in anomaly detection and real-time decision-making while eliminating…

📍 Noida, India · Manufacturing Tech,

Funding snapshot

Last roundSeed
Amount$7M
Date24 September 2024
Total raised$14M
Valuation36,390,252 (Dec 5, 2024)
Team size84

About

Ripik.AI is an applied AI company developing computer vision agents that provide 24/7 real-time monitoring of materials, equipment, and processes across heavy industries including steel, cement, aluminum, power, chemicals, and other manufacturing operations. The platform's vision AI agents act as an automated pair of eyes, delivering 95%+ accuracy in anomaly detection and real-time decision-making while eliminating human error and inefficiencies. Ripik.AI's solutions cover material monitoring, process monitoring, and equipment monitoring, driving higher throughput, improved energy efficiency, and enhanced quality. For cement plants, the platform monitors kiln fuel cut, alternative fuel usage, and limestone sizing. For steel plants, it tracks ladle monitoring, DRI and HBI parameters, coke size and moisture, and conveyor belt health. For aluminum plants, it monitors anode surfaces, switchyard hotspots, and tamped metal SOP compliance. For power plants, it tracks coal size and moisture, boiler fuel leakage, and refractory conditions. The platform also provides conveyor belt monitoring, SOP compliance tracking, and workforce monitoring across other industries. Ripik.AI's customer success stories include a 70% reduction in conveyor failure downtime, 95% accuracy in predictive furnace refractory monitoring, 70% reduction in temperature-related switchyard failures, and over 93% accuracy in coal moisture detection. The company serves leading enterprises including ArcelorMittal, Hindalco, JSW Steel, Jindal Steel, Tata Steel, Hindustan Zinc, Godrej, and IMFA. Founded in 2021 and headquartered in Noida, India, Ripik.AI has raised $14.2M in seed funding from investors including Accel, LetsVenture, Good Capital, Titan Capital, Venture Highway, JSW Group, Force Ventures, and Bharat Founders Fund.

Business model

Manufacturing Tech > Process Control > Analytics > Production Analysis > Video Analytics

Institutional investors

Accel LetsVenture Good Capital Soonicorn QED Innovation Labs Titan Capital Angel List Venture Highway JSW Group Force Ventures Accel Atoms MGA Ventures Purple Matter Investopad Bharat Founders Fund

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