Bengaluru-based Cocoslabs Innovations will receive a loan from the Technology Development Board, under Science and Technology Department, to develop a “low-cost solution to identify persons with abnormal body temperature in a crowd and, at the same time, provide an alert system to notify about identified persons to authorities on their phones and laptops”. The product, according to TDB, includes features such as detecting and tracking a person with and without a face mask, predicting age, gender, race, temperature readings, and facial recognition in a single product that can track multiple people in a real-time environment. “We made a pitch to the Technology Development Board, outlining the sectors we make products for including their use cases. We have multiple products. We are a software OEM," Prathvi Palekar, founder of the AI video analytics company, Cocoslabs Innovations told MediaNama. His company is among the six start-ups approved by the TDB to build technological solutions to tackle the COVID-19 pandemic. The company, based in Central Bengaluru, brands its products under the Pixuate name. It was registered in 2012, and was in “R&D mode” for the initial 3 years, before finally starting operations in 2016, said Akshata Kari, the company’s co-founder and head of business development. Hindustan Unilever, Godrej, and Bigbasket are among its clients. Kari told us that the solution which they pitched to the TDB is worth a million dollars. The TDB, though, will only cover around half of that. Kari said that they are not allowed to disclose the exact amount…
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Govt funding a facial recognition company that can detect people’s age, gender, and soon recognise their faces under a mask
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