Deep tech startup Spyne has acquired on-demand photography service provider company Travographer for an undisclosed amount. The company has also onboarded 20+ of Travographer employees including the founding team.
“We whole-heartedly welcome the team to Spyne. By getting Travographer’s team and experience, we are hoping to strengthen our services and increase value for the customers. This acquisition has further strengthened our business commitments. As our next step, we now have plans to launch the AI-App based shoot offerings in the real estate sector,” Sanjay Kumar, co-founder and CEO at Spyne, said.
Gurugram-based Spyne helps large e-commerce marketplaces and retail businesses create high-quality product visuals at scale with AI.
“The new talent will be hired in the AI, Tech, Product, Marketing, and Sales departments. We are currently focused on our global expansion including the US market and hence have been focusing on hiring the right talent for the next phase of growth,” said Dipti Prasad, co-founder, Spyne.
Spyne has plans to step up hiring in the next quarter to take the total tally to 100+ employees across tech, product, marketing and sales.
“Our expertise in the real-estate industry perfectly aligns with Spyne’s vision and product of taking photography at scale using mobile apps in this sector. We truly believe that this was the right time to join hands and generate synergies to add real value to the market i.e by reducing TAT by 90% and scaling operations across multiple locations using tech,” said Kapil Arora, co-founder and CEO at Travographer.
- Amazon Warns Engineers Against AI Productivity Traps in Latest Memo
- Gnani AI Launches Prisma v3.0 Speech Recognition Model for 10 Languages
- Venttup Raises $3 Million To Expand Precision Manufacturing
- Articul8 Launches Bivia To Help Enterprise AI Agents Make Decisions
- NVIDIA Launches Open-Weight Transcription Model for 40 Languages
- Sarvam AI Rolls Out Indus Cowork to 2,500 Maharashtra Govt Officials