Drishya AI Labs Inc. Selected As Finalist For Rally In-Prize Pitch Competition

Drishya AI to showcase their AI-based SaaS offerings at Rally, a first-of-its-kind event to feature a $5 million pitch competition, face-to-face investor meetups, workshops & innovation demo arena

Akshmin Kaur

Chief of Staff

August 1, 2023

Drishya AI Labs Inc., an award-winning innovative industrial AI company digitalizing industrial plants with their AI, has been selected as a finalist in the Software Studio for the Rally IN-Prize competition, one of the largest pitch competitions, awarding up to $5 million dollars.

Pitches will take place August 29-31 during the inaugural Rally conference, the first cross-sector innovation conference of its kind, and will award investments across five industries: Software, Ag & Food, Healthcare, SportsTech and HardTech.

"Being selected as a finalist for the Rally IN-Prize Pitch Competition is a moment of immense pleasure and pride for Drishya AI. It's an acknowledgment of our team's hard work and dedication to advancing industrial AI solutions. This opportunity will enable us to showcase our AI-based SaaS offerings and potentially secure the resources needed to make a meaningful impact in the industry. We are thrilled to be part of such an innovative conference and look forward to presenting our vision to the esteemed panel of expert judges." - Amardeep, Founder & CEO, Drishya AI Labs Inc.

A panel of expert judges will evaluate pitches and select the most promising startups. Each of the five recipients will receive a cash investment of up to $1 million.

"Entrepreneurship has become increasingly challenging as the pandemic and fluctuations in capital markets continue to have lasting effects. With competition fiercer than ever, new entrants in the market face an uphill battle," said Elevate Ventures' CEO and Rally Visionary, Christopher Day. "The Rally IN-Prize Competition gives startups an opportunity to showcase their innovations and receive the funding and resources they need to make a tangible impact. The response has been tremendous, with 430 applications from 38 countries.”

The judging panels will include investment and technology experts from all across the country with decades of experience growing and building successful companies.
For more information or to register for Rally, visit: rallyinnovation.com

About Drishya AI Labs Inc.

Drishya AI Labs is an award-winning deep-tech industrial artificial intelligence company. Drishya enables oil & gas producers, utilities, EPCs and equipment manufacturers to meet their decarbonization goals by using AI to build digital twins of brownfield industrial plants. Drishya also embeds intelligence and makes new-age equipment intelligent from the ground up, enabling faster and scalable adoption of equipment essential for meeting net-zero targets. Drishya AI Labs is headquartered in Calgary, Alberta, Canada with a subsidiary in Bangalore, India.

About Rally

Rally is the largest cross-sector innovation conference and is being hosted in Indianapolis from August 29-31, 2023. The conference focuses on bringing together disparate stakeholders across sectors to enable creative collisions. Conference highlights include 5,000 attendees, a $5M pitch competition, six innovation studio tracks, thought leaders from across the globe, over 200 speakers and more.
Learn more at www.rallyinnovation.com.