Bengaluru, India
Crest AI stands as a compelling player in the retail industry, offering an innovative solution in the form of an Automated Inventory Planning Tool. The company, co-founded in 2022 by Rahul Vishwakarma, Akhil Kumar, and Yogesh Byahatti, addresses a critical need for SMBs and D2Cs by utilizing AI technology to streamline supply chain operations. Their solution has been instrumental in reducing stock-out frequency by 50% for existing customers, driving a 15% increase in top-line revenue within three months.
Crest AI is endorsed by well-known companies like Lenskart, Samosa Party, and Salad Days. Headquartered in India, the company recently secured an $800K Pre-Seed Round investment on 22 February 2023. This funding round attracted notable investors such as Indian Angel Network, Inflection Point Ventures, and individual investors like AkshayDelhi, India Ghulati, Gautam Kapoor, and Sahil Barua. These strategic investments highlight the market confidence in Crest AI's potential to revolutionize inventory management with advanced AI capabilities.
