Lowe’s Innovation Labs, the innovation hub for the Fortune 50 retailer, Lowe’s Companies, Inc., is what’s next for home improvement retail. Through emerging technologies, the Labs has a dual focus: to accelerate the experiences their customers and associates expect today, while simultaneously developing the capabilities that will power tomorrow.
To further the innovation in retail, Lowe’s Innovation Labs, will be making its debut in India with its signature startup engagement program in Bangalore. Lowe’s Innovation Labs – Bangalore program is a flexible, lightweight accelerator, open to deep technology companies of all sizes and at all stages and focused on reimagining, prototyping and bringing to market the future of home improvement retail.
Their program focuses on highly personalised, 1:1 working relationships, access to a host of internal and external mentors, and an emphasis on working together to build the future of home improvement retail.
On June 17, seven startups from Lowe’s Innovation Labs – Bangalore’s maiden cohort will pitch live and give you a glimpse of what they are building for the future of home improvement retail.
A Bangalore-based startup focused on providing product insights through their AI-Powered consumer-driven demand sensing engine for seen and unseen products
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.
A NCR-based startup with its end-to-end video marketing platform enables brands and retailers to convert their e-commerce product catalogues into videos at a fraction of the existing time and cost.
A Bangalore based startup focused on talent acquisition powered by AI and behavioural science, helping the function become faster and engaging with deep talent analytics.
A Bangalore-based startup focused on AI crafting actionable insights from the vast unstructured resources of the open web to help lifestyle brands and retailer in personalising product decisions.
A Bangalore-based startup focused on building generative AI tools to make professional automated human-like videos with applications involving Hyperreal AI.
A Hyderabad-based startup focused on nanotechnology, producing graphene and nano composites with applications in building the next-gen homes, defence tech and energy storage.
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 18 million customers a week in the United States and Canada. With fiscal year 2019 sales of $72.1 billion, Lowe’s and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ approximately 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com.
Lowe’s Innovation Labs
Lowe’s Innovation Labs is the innovation hub for Lowe’s with operations in Kirkland, Washington; Mooresville, North Carolina; Bangalore, India; NYC, New York; San Francisco, California. The Labs’ expertise and partnerships in augmented and virtual reality, robotics, computer vision, blockchain and other new technologies enable Lowe’s to solve everyday customer and associate challenges in entirely new ways.The Labs explores how emerging technologies can advance home improvement; rapidly prototypes solutions and puts them to the test in real-world, living labs; and scales solutions that drive value for Lowe’s customers and associates.
Lowe’s India, the Bengaluru-based retail technology ,analytics and business operations center for Lowe’s Companies Inc. (NYSE: LOW). With over 2,500 associates, Lowe’s India focuses on technology, analytics and shared services. For more information, visit Lowe’s India on Facebook, Instagram and LinkedIn.