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Pronto Founder’s Provision Labs Acquires Hardware Startup Basilisk Industries

Source: Inc42Gaurav BagurNovember 2, 2026
Read the full story at Inc42

Provision Labs has acquired Basilisk Industries, a Mumbai hardware startup founded by Shourya Watwani in 2023, to enhance its physical AI infrastructure. Watwani will lead Provision's hardware efforts and in-house post-processing models. Basilisk's team has developed a 3D hand-tracking model, redesigned Provision's perception hardware and built a lightweight tactile glove for touch-data capture. Provision, which collects training data for physical AI systems, is expanding engineering and research teams across San Francisco, Toronto and Bengaluru.

Key points

  • Provision Labs acquires Basilisk Industries to strengthen hardware for physical AI systems
  • Basilisk founder Shourya Watwani to lead Provision's hardware and perception efforts
  • Basilisk team developed 3D hand-tracking model and tactile glove for touch-data capture
  • Provision expanding teams across San Francisco, Toronto and Bengaluru

Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. Inc42 did the reporting; read the original for the full story.

Read the full story at Inc42

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