Monarch Tractor partners with India-based AI start-up
Monarch Tractor has opened an office in India. As part of Monarch’s expansion to the country, the company is teaming up with AI and machine vision analytics start-up Einsite to work on the development of edge applications and autonomy models and algorithms.
Einsite aims to make machines smarter and more productive. The company uses machine-mounted cameras and sensors to capture site activity, and in-cab edge computers to derive insights that managers use to make better decisions. The company has deployed its tech onto several construction and mining projects across India and the US, and is backed by Silicon Valley investors.
“We have found strong synergy with Einsite in both our missions and areas of work,” said Praveen Penmetsa, co-founder & CEO, Monarch Tractor. “Einsite’s mission of making dynamic, outdoor industries more productive aligns with our goal of modernizing the farm. Coupled with Einsite’s expertise, they have proven to be a natural partner to establish our presence and new office in India, and accelerate our development operations.”
Monarch Tractor is the developer of the world’s first fully electric, driver optional, smart tractor. Recently, CNH Industrial entered into a multi-year licensing agreement for electrification technologies with Monarch Tractor.
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