Staqu Registers 100% Growth

Staqu an Artificial Intelligence-based startup registers a 100 per cent growth year-on-year bases.

Staqu, India’s leading Artificial Intelligence (AI) implementation enabler registers another strong year with a 100 per cent Y-o-Y growth in revenue. The company has witnessed 3x growth in the last two quarters with a strong runway of 36 months. Staqu also displayed positive EBIDTA results for July 2022. Additionally, the AI-powered brand has reported that its client base has increased by 126 per cent.

Atul Rai, Co-founder and CEO of Staqu Technologies in a statement, said, “This fiscal year has been fruitful due to increased demand for our product portfolio as well as new customer acquisitions in new geographies. This is the reflection of our unwavering efforts to develop smarter security solutions for evolving businesses that require a high level of intelligence and automation to ensure continuous safety and security. Since video and image data account for 60-70% of all data on the internet, our goal is to take Staqu to the next level and serve as many industries as possible by deploying JARVIS to automate their operational processes.”

Staqu’s offering has piqued the interest of both the public and private sectors in Real Estate, Manufacturing, and Retail, as the brand employs cutting-edge methods of extracting valuable data from long CCTV video footage using artificial intelligence and computer vision to generate meaningful real-time warning messages. 

Security solution by Staqu has innovative interactive features that have enabled organizations to grow at an exponential rate. Cameras outfitted with Staqu’s advanced video analytics tool JARVIS can provide critical insights while monitoring all the parameters in object detection, crowd analytics, violence detection, traffic violations, and identification of minor to major security issues that traditional cameras are incapable of detecting. Moreover, insights from 85+ analytics also significantly improve operational intelligence and accelerate situational awareness.

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