India, July 16 -- Physical AI startup SwitchOn has raised $8 Mn (about Rs. 77 Cr) in a pre-Series B funding round led by IvyCap Ventures, with participation from SIG Tattva and Trifecta Capital.

The funding round comprised a mix of equity and debt. However, the startup declined to provide a breakdown.

The Bengaluru-based startup said it will use the fresh capital to accelerate international expansion, deepen research and development in next-generation physical AI, and scale its go-to-market capabilities across manufacturing verticals globally.

Founded in 2017 by Aniruddha Banerjee and Avra Banerjee, SwitchOn builds AI-powered visual inspection systems that help manufacturers automatically detect defective products on production lines u...