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P. 3/27/2024
FedEx leverages advanced technology to make smarter and more sustainable supply chains
FedEx is shaping the future by investing in digital startups. A notable collaboration with Mad Street Den has yielded an improved KYC submission process to streamline the digital experience for FedEx customers. The experience is powered by their Intelligent Document Processing solution, an offering from their orchestration platform. This initiative is part of FedEx’s broader strategy to reduce manual KYC audits and expedite clearance times, underpinning the company’s commitment to digital excellence and customer-centricity.
P. 7/13/2023
Mad Street Den raises funding from FedEx arm
FedEx Innovation Lab (FIL), an investment program for startups, has invested an undisclosed sum in Chennai and US-based enterprise AI firm, Mad Street Den. FedEx and Mad Street Den will collaborate to use advanced technology to create smarter supply chains and deliver greater value and experience for customers.
P. 7/3/2023
The Future of Retail: Top 6 Retail Technology Trends for 2023
Shradha R, head of product marketing at Vue.ai, an AI solution provider for retailers, elaborated on generative AI use cases for retailers with the example of apparel brands looking to generate imagery of models with different body and skin types. “Brands don't have to take photos of models wearing their products and can completely automate their processes with this form of generative AI,” she said.
P. 5/9/2023
Generative AI: The fashion exec’s guide
In March, Meta partnered with AI-focused retail automation company Vue.ai to enable brands to generate AI-powered models in ads that would allow the retailer to display on-model photography on a wider range of models, by digitally dressing fictional people created with AI.
P. 3/2/2023
Vue.ai Partners With Meta's Creative Shop To Create AI-powered Models For Inclusive Ad Creatives
Vue.ai is very pleased to partner with Meta’s Creative Shop and participating brands to make size and ethnicity-inclusive presentation of garments a reality. Although AI-based image generation for fashion has long been a compelling use case, convincing garment-on-model imagery requires a level of fidelity to the product and high resolution that has been beyond reach. We are proud that Vuemodel has proven to provide excellent customer response while providing cost savings, convenience, and inclusivity to brands.
P. 1/18/2023
AI firm Mad Street Den raises $30 Mn in Series C
Mad Street Den has raised over $50 million to date including $17 million in its Series B round led by Alpha Wave in 2019. It is also backed by Tokyo-based independent venture capital fund Global Brain.
AI firm Mad Street Den raises $30 million led by Avatar Growth Capital
Blox’s ability to solve business problems across industries, use cases while maintaining efficacy at scale and low cost is highly differentiated. Further, its 30-60-90 days framework ensures customers do not need to wait for months to see results. We are very excited to partner with Ashwini, Anand, Costa and the entire MSD team.
P. 11/14/2022
Ashwini Asokan on businesses' frustration with AI claims, a new acquisition, and plans at Mad Street Den
Ashwini Asokan, co-founder and CEO of Mad Street Den, talks about how businesses are frustrated with tall claims about AI. Mad Street Den is a Silicon Valley and Chennai-based software company offering AI products that help customers organise and "stitch together" their data and extract useful information.
P. 11/11/2022
Retail Tech: New Amazon Robot, Aptean PLM Deal, Mad Street Den Acquires Inturn
Mad Street Den, a computer vision AI solutions provider, has acquired Inturn, an enterprise solution designed to manage and optimize slow-moving or excess inventory.
P. 11/9/2022
AI firm Mad Street Den acquires New York-based Inturn
Artificial Intelligence-based Software-as-a-service (SaaS) firm Mad Street Den (MSD) on November 8 acquired New York-based inventory management SaaS company Inturn for an undisclosed amount.
AI platform Mad Street Den acquires inventory management Inturn
This acquisition marks @vue_ai foray into excess inventory management & margin optimization for brands everywhere.
P. 11/8/2022
How this retail AI company helps deal with excess inventory
Inturn fits our roadmap like a glove. We’ve been product tagging, providing insights and powering demand and inventory analysis with Vue AI for years now, and the Inturn promise fits the continuum of that workflow by allowing buyers and sellers to connect, sell faster and maximize recovery.
Mad Street Den acquires Inturn, an enterprise software solution for managing slow moving and excess inventory
Mad Street Den has created AI-based solutions, through its Vue.ai business unit, that help retailers grow their business by reducing operational costs through automation and increasing revenue with personalized customer experiences. Combining Inturn's inventory workflow tools and margin optimization capabilities together with Vue.ai's retail AI suite, customers now get the power to not only effectively use AI to optimize supply chain processes and planning but also weave it into customer experiences to create efficiencies across the entire retail value chain.
P. 11/2/2022
Dubai CommerCity signs partnership with Mad Street Den centred on AI
Mad Street Den will offer businesses operating at Dubai CommerCity with a comprehensive set of features, including its end-to-end AI stack to clean, create, and connect data across departments, functions, and workflows to deliver exceptional value and revenue growth for businesses operating in the free zone.
P. 8/24/2022
Blox launches World's first AI-powered Data Enrichment and Digital Customer Experience Platform in one unified product.
Blox aims to solve this problem by bringing all of this together on one platform. Companies can now build models, use preset models, clean their catalogs of data and manage Customer Experiences in one interface with a single backend - A single AI-Stack for all your Data and CX needs.
P. 6/1/2022
Tata Digital taps Mad Street Den as 'AI partner of choice'; Apple supplier plays down lockdown impact; Liminal raises $4.7 mln
Tata Digital has partnered with Mad Street Den, an AI platform provider, to make Tata Neu, the so-called 'super app' it is developing for retail consumers, a more personalised and connected experience for users.
Tata Digital joins hands with Mad Street Den to elevate personalisation experience on the super app
Tata Digital has partnered with Chennai-based Artificial Intelligence provider Mad Street Den (MSD) to use the latter’s Blox.ai platform for a personalised and connected shopping experience on its Tata Neu app.
P. 5/30/2022
Tata Neu bets on express deliveries, metaverse and personalisation
Pratik Pal, CEO of Tata Neu felt that the app has been “launched at the right time”. He was speaking at the ‘Rebuild 2022’ event organised by artificial intelligence (AI) company Mad Street Den (MSD) on May 28.
P. 6/16/2021
3 Minutes with Ashwini Asokan 🇮🇳Founder & CEO, Mad Street Den
Ashwini Asokan started Mad Street Den with the aim of bringing computer vision technology from science labs into the hands of people. Today, her AI platform powers retailers and online marketplaces, including MercadoLibre in Latin America, Zilingo in South East Asia, and other companies in North America, the Middle East, and Japan as well as at home in India.
P. 6/12/2021
Machine Wears Prada
MAD street Den, a startup based in India and the US, developed Vue.ai, an AI fashion brand that offers end-to-end AI assistance in analysing user searches and providing suitable recommendations. It follows colour, patterns, necklines, sleeves, among other parameters, to help its algorithm.
P. 4/6/2021
This Virtual Model Firm Wants to Disrupt China’s Modeling Industry
Since its introduction in 2016, the Redwood City-based Vue.ai’s smart retail tools like personalized journeys creator VueX, data extraction tool VueTag, and AI-generated fashion imagery tool VueModel have been implemented by the likes of Farfetch, Depop, Off-White, Diesel, Rent the Runway and ThredUp in the west.
P. 1/26/2021
Fashion’s new battleground: Online product discovery
“The problems of customer attention and retention are problems of product discovery and customer preferences. The more you give your customers what they want, the more they stay, buy, come back and buy more and continue the loop,” says Vue.ai founder and CTO Anand Chandrasekaran.
P. 12/1/2020
The tech chief who put diversity at the heart of her group
Ms Asokan, 39, maintains diversity is necessary to break the stranglehold that tech groups such as Google and Facebook have on AI's development and application.
P. 6/23/2020
As fashion resets, its algorithms should too
“Brands have come under fire for using creative that is offensive and discriminatory. If your AI has seen that in the data set and thinks it's acceptable, it will most likely reproduce some of that offensive design,” says Ashwini Asokan, CEO of retail automation platform Vue.ai, which works with Thredup and Zilingo.
P. 6/15/2020
Facebook research reveals AI tools for improving online clothes shopping
McKinsey estimates that Amazon, which recently deployed AI to handle incoming shopper inquiries, generates 35% of all sales from its product recommendation engine. Beyond ranking, AI from startups like ModiFace, Vue.ai, Edited, Syte, and Adverity enable customers to try on shades of lipstick virtually, see model images in every size, and spot trends and sales over time.
P. 5/28/2020
This Experimental Adobe Feature Lets Online Shoppers Virtually Try on Clothes With AI
"Vue.ai’s AI system susses out clothing characteristics and learns to produce realistic poses, skin colors, and other features, generating model images in every size up to 5 times faster than a traditional photo shoot. And both Gucci and Nike offer apps that allow people to virtually try on shoes"
P. 10/15/2019
The internet of indulgence
Vue.ai, for instance, formed in 2016, works on personalisation, product digitisation and increases the speed at which you can take a product online, for the fashion industry. It also helps analyse data to increase personalisations, which should eventually lead to conversions.
P. 9/17/2019
The Tech Providers Who Are Changing Fashion Retailing
Vue.ai's CEO, Ashwini Asokan is quoted in this piece on the tech providers who are changing fashion retailing, where she provides insight on how the rental industry has found success among today's consumers.
P. 9/12/2019
How Artificial Intelligence is Redesigning the Retail Industry
By using our AI, retailers can now understand individual preferences" - Julia Dietmar, CPO, Vue.ai.
P. 9/11/2019
Chriselle Lim, Karolína Kurková Among Style Dimension Headliners
Regarding the deployment of artificial intelligence in retail, Julia Dietmar, chief product officer of Vue.ai, Chris Homer, cofounder and chief technology officer of ThredUp, and Eileen Rizzo, chief innovation officer of Ashley Stewart, discussed the impact of these technologies for both consumers and retailers.
P. 9/4/2019
Why More Retail Brands Are Launching Visual Search Tools
"Visual search is like a Swiss army knife…there are so many things you can do with it. Investing in the right image recognition tools should be a top priority for online retailers” - Ashwini Asokan, Founder of Vue.ai and Mad street Den.
P. 8/27/2019
How thredUP is Driving the Circular Fashion Movement with AI
Vue.ai's Artificial Intelligence is enabling thredUP drive the circular fashion movement forward, and ensures efficiency and scale in the thredUP's operations.
P. 7/17/2019
The Technology That Makes the Fashion Rental Business Tick
Dream closets don’t exist — unless one argues that rental and subscription rental models are bolstering gaps in the modern consumer’s wardrobe, so that whatever the desire — there’s a rented option. “The rental economy is here to stay,” said Ashwini Asokan, founder and chief executive officer of Vue.ai.
P. 7/16/2019
40 Under 40 Awards: Ashwini Asokan’s Vue.ai helps retailers streamline their inventory process
Vue.ai uses AI to allow retail customers such as Macy’s and Levi’s to streamline the inventory-management process.
P. 7/11/2019
Announcing the AI Innovation Awards winners at Transform 2019
"Vue.ai is the winner of VentureBeat’s Transform AI innovation Award for computer vision. Vue.ai’s automation and styling solutions powered by its proprietary Computer Vision technology have generated over 180% increase in revenue per user and reduced time to market by 20% for marquee brands and retailers across the globe.”
P. 4/24/2019
Ashwini Asokan — All Raise #WomanCrushWednesday
April is Artificial Intelligence month at All Raise and our third AI #WCW is Ashwini Asokan, co-Founder and CEO of Vue.ai .
Retail Automation Platform Provider Vue.ai Raises $17 Million in Latest Round
"The future of retail is entertainment. The experience economy we see today is the start of that era. Brands are shifting to designing worlds that consumers want to be a part of and that has to integrate with the new ways people shop. Vue is the electricity that powers all these complicated and important retail functions so retailers can focus on the business of entertaining you.”
Vue.ai raises $17M to equip online retailers with AI smarts
Vue.ai, a U.S./India startup that develops an AI platform to help online retailers work more efficiently and sell more.
P. 4/15/2019
Meet the Indian women taking the tech industry by storm
“Imagine an AI stylist that can automatically style millions of customers,” says Asokan, who is still as delighted by the infinite possibilities of AI as she was 19 years ago, when she would stay up with her now-husband, dreaming of this brave new world.
Can This AI Really "Fix" Fashion's Data Problem?
Ashwini Asokan is a rare breed of female entrepreneur - the breed that encouraged VC’s to empty their pockets.
P. 12/21/2018
Ashwini Asokan, Anand Chandrasekaran
Asokan, the CEO, told Fortune India she saw artificial intelligence (AI) startup Mad Street Den expanding beyond retail into robotics, healthcare, and more.
P. 9/21/2018
Out Of The (Subscription) Box: How AI Can Redesign Customer Experience
The company sells a suite of AI tools called Vue.ai, which can use image recognition to tag items and create AI-generated human models. It even adds new tags for attributes such as “retro style” or “animal prints.” This ability to “see” products also allows higher-level functions, including algorithmically piecing together entire outfits based on their color or cut.
P. 11/16/2017
This AI Learns Your Fashion Sense and Invents Your Next Outfit
Artificial intelligence might just spawn a whole new style trend: call it “predictive fashion.” In a paper published on the ArXiv.
P. 4/24/2017
The Robots Are Coming For Your Wardrobe
Mad Street Den recently raised an undisclosed Series A round of funding from Sequoia Capital India along with another infusion from existing investors Exfinity Ventures and growX Ventures.
2024
ET Edge Insights - FedEx leverages advanced technology to make smarter and more sustainable supply chains
2023
The Times Of India - Mad Street Den raises funding from FedEx arm
G2 Learn Hub - The Future of Retail: Top 6 Retail Technology Trends for 2023
Vogue Business - Generative AI: The fashion exec’s guide
Entrepreneur - Vue.ai Partners With Meta's Creative Shop To Create AI-powered Models For Inclusive Ad Creatives
Entrackr - AI firm Mad Street Den raises $30 Mn in Series C
Money Control - AI firm Mad Street Den raises $30 million led by Avatar Growth Capital
2022
Forbes - Ashwini Asokan on businesses' frustration with AI claims, a new acquisition, and plans at Mad Street Den
Sourcing Journal - Retail Tech: New Amazon Robot, Aptean PLM Deal, Mad Street Den Acquires Inturn
Money Control - AI firm Mad Street Den acquires New York-based Inturn
Business Today - AI platform Mad Street Den acquires inventory management Inturn
VentureBeat - How this retail AI company helps deal with excess inventory
Cision PR Newswire - Mad Street Den acquires Inturn, an enterprise software solution for managing slow moving and excess inventory
Zawya by LSEG - Dubai CommerCity signs partnership with Mad Street Den centred on AI
Cision PR Newswire - Blox launches World's first AI-powered Data Enrichment and Digital Customer Experience Platform in one unified product.
Forbes - Tata Digital taps Mad Street Den as 'AI partner of choice'; Apple supplier plays down lockdown impact; Liminal raises $4.7 mln
Economic Times - Tata Digital joins hands with Mad Street Den to elevate personalisation experience on the super app
Money Control - Tata Neu bets on express deliveries, metaverse and personalisation
2021
Rest of World - 3 Minutes with Ashwini Asokan 🇮🇳Founder & CEO, Mad Street Den
AIM - Machine Wears Prada
WWD - This Virtual Model Firm Wants to Disrupt China’s Modeling Industry
Vogue Business - Fashion’s new battleground: Online product discovery
2020
Financial Times - The tech chief who put diversity at the heart of her group
Vogue Business - As fashion resets, its algorithms should too
Venture Beat - Facebook research reveals AI tools for improving online clothes shopping
Ad Week - This Experimental Adobe Feature Lets Online Shoppers Virtually Try on Clothes With AI
2019
Forbes - The internet of indulgence
WWD - The Tech Providers Who Are Changing Fashion Retailing
Cheddar - How Artificial Intelligence is Redesigning the Retail Industry
WWD - Chriselle Lim, Karolína Kurková Among Style Dimension Headliners
Forbes - Why More Retail Brands Are Launching Visual Search Tools
Forbes - How thredUP is Driving the Circular Fashion Movement with AI
WWD - The Technology That Makes the Fashion Rental Business Tick
Business Journals - 40 Under 40 Awards: Ashwini Asokan’s Vue.ai helps retailers streamline their inventory process
Venture Beat - Announcing the AI Innovation Awards winners at Transform 2019
Medium - Ashwini Asokan — All Raise #WomanCrushWednesday
WWD - Retail Automation Platform Provider Vue.ai Raises $17 Million in Latest Round
Tech Crunch - Vue.ai raises $17M to equip online retailers with AI smarts
ELLE - Meet the Indian women taking the tech industry by storm
Forbes - Can This AI Really "Fix" Fashion's Data Problem?
2018
Fortune India - Ashwini Asokan, Anand Chandrasekaran
Forbes - Out Of The (Subscription) Box: How AI Can Redesign Customer Experience
2017
MIT Technology Reveiw - This AI Learns Your Fashion Sense and Invents Your Next Outfit
Fast Company - The Robots Are Coming For Your Wardrobe
P. 12/10/2018
Emerging Technology Spotlight: Computer Vision →
P. 11/27/2018
Case Study: Myntra Embraced Artificial Intelligence To Transform Its Business Model →
P. 9/24/2018
New Tech: Natural Language Generation (NLG) Technologies, Q3 2018 →
P. 2/23/2018
Make Your Video Shoppable To Boost Online Conversion →