Synthetic Image Data Platform AuraML Raises $230,000 from IAN The company intends to utilize the investment to optimize its synthetic data generation engine, hire its founding engineering team and expand its footprints in the US and European markets

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

AuraML, a synthetic image data platform for computer vision and robotics, has raised $230,000 from IAN in pre-Seed funding from Indian Angel Network (IAN). Uday Sodhi, . Neeraj Saran and KRS Jamwal, the lead angel investors from IAN led the round. The company intends to utilize the investment to optimize its synthetic data generation engine, hire its founding engineering team and expand its footprints in the US and European markets. AuraML also plans to use the capital for the official launch of its cloud platform in the coming months. Additionally, the startup is focusing its efforts on building cutting-edge generative AI-based IP.

"We are grateful to IAN for trusting us and supporting us in our growth journey. This investment will be a key accelerator for us to take the technology from a prototype to a fully functioning product. We plan to utilize these funds to hire our founding engineering team, develop core technologies and expand our global presence in the US and European markets. This funding will also help us work on building cutting-edge generative AI-based IP," said Ayush Sharma, CEO, AuraML.

Launched in January 2023 by Ayush Sharma and Arjun Gupta, AuraML has developed a proprietary synthetic data engine and is currently running closed projects with its initial customers. The company is working on developing an innovative technology using generative AI that would enable people to create realistic-looking 3D worlds and images, according to an official statement.

"AuraML, with its synthetic image data platform, is on a mission to offset all these concerns and improve the accuracy of the ML models, thereby allowing complete control over the generated dataset. As they have embarked on a new journey, we are happy to help them grow and support them in all ways possible," said Padmaja Ruparel, IAN.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Leadership

Entrepreneurs, Stop Putting Your Life on Hold. Here's Why Embracing Joy Fuels Success

Emphasizing the urgency of not postponing life's joys for entrepreneurial success, advocating for immediate action to balance work and life to avoid future regrets.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

Microsoft Is Shutting Down Skype After 20 Years: 'A Big, Big Moment'

Microsoft is encouraging Skype users to connect through Teams instead.

Starting a Business

Smart Business Owners Start at the End — How to Achieve Entrepreneurial Success by Taking a 'Backward Approach'

This article advises entrepreneurs to take a "backward approach" to success by first articulating their end goal, then developing milestones, and finally creating a brand, partnerships and a team to execute.

Business News

Codie Sanchez's Contrarian Thinking Announces the Appointment of Marc Hustvedt, Former MrBeast President

Hustvedt will serve as President of the hugely popular financial education and empowerment media company.

Starting a Business

I've Interviewed Over 100 Entrepreneurs Who Started Businesses Worth $1 Million to $1 Billion or More. Here's Some of Their Best Advice.

From Richard Branson to Martha Stewart and beyond, these founders reveal what it takes to build and lead successful companies.