Infibeam Avenues has signed a Memorandum of Understanding (MoU) with the Entrepreneurship Development Institute of India (EDII) to promote AI adoption among enterprises, startups, and MSMEs. This collaboration is set to leverage Infibeam’s THEIA Platform, providing EDII’s students and entrepreneurs with essential tools to develop their own AI products.
The partnership will initially target three key programs: the ‘Start-up Accelerator Programme’, the ‘AI Implementation Programme’, and the ‘MSME Support Programme’. These initiatives aim to integrate AI and tech solutions into entrepreneurial ventures, fostering sustainable growth through digitalization.
“Only those entrepreneurs who embrace digitalization and Artificial Intelligence as integral parts of their business operations will thrive and achieve sustainable growth,” said Vishal Mehta, chairman and managing director of Infibeam Avenues.
In addition to THEIA Platform, Infibeam has introduced the ‘AI Facility Manager’ at EDII’s campus. This system collects data, including visual inputs from campus CCTVs, to monitor authorized and unauthorized entries and exits. The platform also encompasses security management, resource management, occupancy and space monitoring, and energy management.
Infibeam will also facilitate business development opportunities for startups, MSMEs, and EDII beneficiaries using the AI solutions developed under this initiative, according to the press statement.
This strategic collaboration aims to inject dynamism into entrepreneurial ventures, ensuring they are well-equipped to harness the power of AI for future growth.
