Numerous innovative AI-driven fashion start-ups are creating a notable impact on the industry. These ventures leverage AI technology across different areas of the fashion sector to streamline processes and enhance customer satisfaction. This listicle spotlights four key start-ups at the forefront of transforming fashion business through advanced AI technologies.
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Delvify
Founded in 2020, Delvify pioneers the use of advanced AI solutions to propel the fashion industry towards a net-zero textiles economy. Through its digital materials platform, the UK-based company ensures seamless customer experiences for e-commerce businesses. Delvify’s AI-powered materials discovery platform accelerates time to market, reduces waste and enhances margins for fashion brands. This encompasses intuitive processes for materials discovery, fabric comparison, price tracking and supplier communication, resulting in fewer sample shipments and more sustainable practices. Recently securing US $ 310K in funding, Delvify is poised to scale up its AI-based R&D initiatives, with offices in Singapore, Hong Kong and Japan.
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Intelligence Node
Mumbai-based Intelligence Node stands out as a leader in retail analytics, offering innovative AI-driven products and services for renowned global brands and retailers. Employing a SaaS-based model, the company focuses on price optimisation, assortment planning, digital shelf optimisation and brand compliance. Its proprietary technology and AI algorithms generate real-time competitive analytics, positioning Intelligence Node as a strategic partner for Fortune 500 retail customers. With expertise in big data analytics, machine learning and a commitment to exceptional customer service, the company has raised US $ 13.2 million in funding to date.
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NeuroPixel.AI
Located in Bengaluru, NeuroPixel.AI specialises in deploying cutting-edge generative AI in the fashion e-commerce domain. The company excels in generating photorealistic synthetic human models, simplifying the cataloguing process for apparel. The fashion companies can capture any apparel on a mannequin and NeuroPixel.AI’s technology renders it on various models of different sizes and poses. This solution reduces cataloguing costs by 30 per cent and processing times by 90 per cent, enabling personalised catalogue image-based customisation based on size, ethnicity and age. Additionally, the technology facilitates a high-fidelity, virtual try-on solution. Backed by investors like Flipkart, Entrepreneur First and Inflection Point Ventures, NeuroPixel.AI has raised US $ 1.31 million in funding.
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Intelisa
Intelisa, an Indian retail tech start-up, specialises in cloud-based digital signage solutions utilising IoT, AI and ML technologies for managing digital displays. The company facilitates the transition from traditional in-store static communication methods to dynamic digital displays, enhancing in-store product visibility and unlocking advanced features. Intelisa’s user-friendly, intuitive and cost-effective solutions empower retailers to manage and control digital displays remotely. From in-store social media campaigns to virtual trials and intelligent product highlighting, Intelisa’s features drive secondary revenue through advertisements. Incubated and supported by the Department of Science and Technology, Government of India, Intelisa is part of a global incubator-accelerator in North America, facilitating its technological and business model refinement for scalable growth.