Pronto Founder’s Provision Labs Acquires Hardware Startup Basilisk Industries

2 Nov 2026, 2:41 pm · 3h ago · 1 min read · Inc42

Stage

Acquisition

Provision Labs, a physical artificial intelligence startup founded by Pronto chief executive Anjali Sardana, has acquired Mumbai-based hardware startup Basilisk Industries for an undisclosed sum. Founded in 2023 by Shourya Watwani, Basilisk develops perception hardware, 3D hand-tracking models, and tactile sensor gloves to capture real-world physical data for robotic automation. Watwani will lead hardware engineering and in-house post-processing models at Provision Labs. The San Francisco-based company is expanding its technical workforce across Bengaluru, Toronto, and San Francisco to build real-world physical datasets essential for training advanced physical AI foundation models.