TAO Automation, a machine learning startup has raised seed funding from 3one4 Capital and angel investor Arihant Patni. While 3one4 is an early stage funding venture capitalist firm with the backing of Mohandas Pai, Arihant Patni is the son of Gajendra Patni of Patni Computers (since sold to iGate Technologies). The amount of funding received by TAO Automation has not been disclosed.
TAO Automation came into being about a year ago and it offers customized automations solutions to companies. The model involves conceptualizing, developing the transformation and then working closely with the customers in implementing these automation strategies.
Though robotic process automation has been much in the news of late, TAO Automation’s capabilities lie in taking the baton further and offer unique tailor-made solutions aimed at enormous savings for the users of their strategies.
The founders are confident about their technology and feel this is where the future lies and that the industry has to recognize this and take immediate action.
Jawahar Bekay Arjun Vaznaik Narayanaswamy Hariharan, Suma Subramanian, and Ravi Hossur are the founders of TAO Automation and the first 2 hold hands-on positions as Executive Chairman and Chief Executive respectively.
A word about the investors. As mentioned, Arihant Patni is the son of Gajendra Patni. Gajendra Patni is the eldest of the three Patni brothers who promoted Patni Computers and they sold the company in 2011 to iGate Technologies for $1.5 billion. Gajendra Patni’s sons, Arihant and Amit Patni later floated a VC fund, Nirvana Venture Advisors.
Mohandas Pai’s 3one4 has also been busy funding some HR startups including one involved in developing HR software.