Seven Indian startups join CONSTRUCT by Lowe’s Innovation Labs, a stage-agnostic program designed to reimagine home improvement retail
CONSTRUCT is designed to be a flexible alternative to traditional corporate accelerators. Keeping with Lowe’s Innovation Labs’ mission to use exponential technology to accelerate experiences that customers expect today and to deliver tomorrow’s breakthrough capabilities, the program is open to deep technology companies of all sizes and at all stages. Programming centers around highly personalized, one-on-one working relationships, access to internal and external mentors, and an emphasis on working together to reimagine prototypes and ultimately bring to market the future of home improvement retail.
Participants in the first cohort include:
- Stylumia: A Bangalore-based startup focused on providing product insights through its AI-powered consumer-driven, a demand-sensing engine for seen and unseen products
- Infilect: A Bangalore-based startup with strong computer vision capabilities and AI platforms, helping brands and retailers in measuring, monitoring and improving retail processes such as product distribution, placement and sales.
- StoryXpress: A Delhi NCR-based startup with an end-to-end video marketing platform that enables brands and retailers to convert their e-commerce product catalogs into videos at a fraction of the standard time and cost.
- Headway: A Bangalore-based startup focused on talent acquisition powered by AI and behavioral science, helping talent acquisition teams function faster with deep talent analytics.
- Siddhi.ai: A Bangalore-based startup focused on using AI to craft actionable insights from the vast, unstructured resources of the open web to help lifestyle brands and retailers personalize product decisions.
- Rephrase.ai: A Bangalore-based startup focused on building generative AI tools to make professional automated human-like videos with applications involving Hyperreal AI.
- Nanospan: A Hyderabad-based startup focused on nanotechnology, producing graphene and nanocomposites with applications in building the next-gen homes, defense tech and energy storage.
“We’re launching our signature start-up engagement program, CONSTRUCT, in India to reimagine and build the future of home improvement retail with startups that bring diverse global perspectives,” said Cheryl Friedman, Vice President of Lowe’s Innovation Labs.
CONSTRUCT is designed around Lowe’s start-up partners, who receive personalized attention from functional and technical leaders at Lowe’s, as well as external mentors from venture capitalist firms, companies and enablers.
“Our vision at Lowe’s India is to transform home improvement retail by building world-class experiences for our customers with the right products and technology,” said Ankur Mittal, Vice President Technology and Managing Director of Lowe’s India. “Our focus has always been to use deep technologies such as AI, analytics and robotics to power tomorrow’s retail, and CONSTRUCT will help accelerate that work.”
