Wipro Infrastructure Engineering, a part of Wipro Enterprises, has just announced that Wipro PARI has signed a definitive agreement to acquire Linecraft AI, an AI-Enabled Industry 4.0 company.
Linecraft.Al is a seed funded Industrial loT product startup started by serial entrepreneurs — Ranjit Date, Mangesh Kale and Saya Date — in the manufacturing sector with 30+ years of experience in the domain. The startup’s unique technology collects and analyzes large amounts of data from industrial machines and recommends ways to optimize efficiency using artificial intelligence and domain expertise.
Ranjit Date earlier founded a robotics startup called Precision Automation & Robotics India Private Limited (PARI), which was acquired in 2021 by Wipro Infrastructure Engineering (WIN), a business of Wipro Enterprises (P) Limited. Post acquisition, the startup become Wipro PARI, which is now amongst the largest global automation companies with a strength of 1200+ employees and 3 facilities worldwide, with its headquarters in Pune, India.
Linecraft.ai leverages the power of both automation domain expertise and artificial intelligence (AI) & machine learning (ML) to enable manufacturers to improve operational efficiency and production in real-time. The program was developed by a team of AI & ML experts and engineers using a patented algorithm and has been successfully implemented on sophisticated automated industrial assembly lines around the world.
“Our industrial automation business has grown significantly in the last four years. We always envisioned that we would bring in the latest cutting-edge technologies to our customers in their journey from industry 3.0 to industry 4.0. This acquisition will further help us expand our digital capabilities and offer turnkey automation solutions with bolt-on digital layer which provides deep insights and analytics to customers, The patented technology collects and analyzes large amounts of data from industrial machines and recommends ways to optimize productivity using AI, ML, thereby significantly enhancing the customer value proposition.”
Pratik Kumar, CEO, Wipro Infrastructure Engineering
