IAN Invests In AI Based Research Startup Staqu

Indian Angel Network (IAN) has invested an undisclosed amount in Gurgaon-based Staqu, an Artificial Intelligence (AI) focused research startup working in automated image understanding technology. Bikky Khosla, Neeraj Singal and Ajay Gupta led the round on behalf of IAN. With this, Bikky Khosla will join the Staqu board. Founded in 2015 by Atul Rai, Anurag Saini, Chaitan Rexwal, Pankaj Sharma, Staqu, enables automation of some of the crucial tasks for ecommerce companies which include image search, tag generation, real time recommendation. The solutions include the VGrep API Suite that comprises of products such as visual search engine and hybrid recommendation engine. The startup will use the newly raised funding to further build and democratise technology and strengthen the team. Atul Rai, co-founder and CEO said, “We plan to invest this…


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