Infibeam Avenues has entered into a strategic partnership with the Entrepreneurship Development Institute of India (EDII) to promote the adoption of artificial intelligence (AI) among enterprises, startups, and micro, small, and medium enterprises (MSMEs). This collaboration, formalized through a Memorandum of Understanding (MoU), aims to equip EDII’s students and entrepreneurs with advanced AI tools and platforms.
As part of the MoU, Infibeam has implemented its state-of-the-art THEIA Platform at EDII. This platform will provide students and entrepreneurs with the necessary tools to develop their own AI products, fostering innovation and technological advancement within the entrepreneurial ecosystem.
Infibeam’s collaboration will initially focus on three key programs: the ‘Start-up Accelerator Programme’, the ‘AI Implementation Programme’, and the ‘MSME Support Programme’. These initiatives are designed to offer comprehensive support and resources to help businesses integrate AI solutions into their operations effectively.
“Infibeam’s collaboration aims to inject a dynamic factor into entrepreneurial ventures by integrating AI and tech solutions. In the future, only those entrepreneurs who embrace digitalization and Artificial Intelligence as integral parts of their business operations will thrive and achieve sustainable growth,” said Vishal Mehta, chairman and managing director of Infibeam Avenues.
In addition to the THEIA Platform, Infibeam has also introduced the ‘AI Facility Manager’ at EDII’s campus. This innovative tool collects various data, including visual data from campus CCTVs, to monitor authorized and unauthorized entries or exits. The AI Facility Manager also includes features for security management, resource management, occupancy or space monitoring, and energy management, enhancing the overall operational efficiency of the campus.
According to the press statement, Infibeam will also facilitate business development opportunities for startups, MSMEs, and EDII beneficiaries utilizing the AI solutions developed under this initiative. This comprehensive support is expected to drive significant growth and innovation within the local entrepreneurial landscape.