Spyne

Spyne is a Gurgaon-based startup founded in 2018 by Sanjay Kumar and Deepti Prasad. Leveraging deep tech, the company utilizes AI to help businesses and marketplaces create and upgrade high-quality product images and videos at scale. With a team of over 100 employees, Spyne is dedicated to bringing the next million merchants online more conveniently and faster with AI. Their AI product enables businesses to create stunning catalogs that drive up to 40% better conversions, eliminating the need for physical studios. Spyne's computer vision and AI technology automate image processing workflows, enabling any business or marketplace to shoot, edit, and publish product visuals at scale, reducing both cost and time by 75%. The company has secured a $7.00M Series A investment on 12 April 2022, with participation from Accel, Smile Group, Storm Ventures, Pentathlon Ventures, and Core91 Fund. Currently serving more than 80 customers across 15+ countries in the automotive, food, and retail sectors, including Amazon India, Flipkart, Karvi, OLACars, and Sell Any Car, Spyne intends to expand its self-serve AI technology beyond the automotive industry into e-commerce, fashion, and real estate sectors. Additionally, the brand aims to venture into AR and VR to develop products for the Metaverse and Omniverse.