Global Brain Corporation (GB) has invested in Mad Street Den Inc (Mad Street Den, Founders, Ashwini Asokan & Anand Chandrasekaran), a California- and India- based company through its KDDI Open Innovation Fund (KOIF).

Mad Street Den provides “Vue.ai” which is a one-stop AI and image recognition platform for apparel retailers. Vue.ai promises Intelligent Retail Automation with its catalog data management and omni-channel personalization products. Its marquee product is a cutting-edge human model generator which is an AI-based product generating garment-to-model images, reducing the offline to online product digitization and merchandizing cycle multi-fold. Vue.ai's algorithms also analyze the extracted catalog data with user behavior and help the retailers' marketing/ product/ cataloging teams to drive conversions and to increase revenues, as well as to automate their processes and reduce costs.

Mad Street Den intends to use the funds it would raise during the current financing round to enhance their AI capabilities and grow their sales & marketing force.

GB highly evaluated Mad Street Den’s expertise in AI/ computer vision area and business acumen and decided the investment. Together with KDDI, GB will support the company in building alliances and partnership to expand their business, especially in the Japanese and Asian market.

Overview of Mad Street Den

Company Name
Mad Street Den Inc
Founded
August 2013
Location
California, United States Chennai, India
Representative
Founders: Ashwini Asokan, CEO & Anand Chandrasekaran, CTO
URL
https://www.madstreetden.com/

Overview of KOIF

Name
KDDI Open Innovation Fund II
Fund Size
JPY 5Bn
General Partner
Global Brain Corporation

Overview of Global Brain

Founded
January 1998
Location
Shibuya-ku, Tokyo, Japan
Representative
Yasuhiko Yurimoto, President & CEO
Business
Venture Capital