Published On: Tue, May 26th, 2020 acquires Indian artificial intelligence company

Tagged with: | | |

US fintech company has acquired Indian artificial intelligence company for an undisclosed price.

Based in , is a technology start-up that has been engaged in transforming large enterprises by enhancing their throughput efficiency by deploying artificial intelligence, cognitive automation, cloud computing, and advanced analytics. The company, which is headquartered in Trivandrum, is said to have been recognized recently among the top 10 AI startups in . will now operate as India and will operate as the dedicated product development and R&D wing of said that it expects to recruit 100 people with skills in cutting edge domains such as data science, and artificial intelligence in the coming months.

– Chief Architect of said: “The combined forces of our team in India and the global company will strengthen our ability to offer unique solutions leveraging Artificial Intelligence, Bionic Automation and Advanced Analytics”. acquires, an Indian artificial intelligence company acquires, an Indian artificial intelligence company. Image courtesy of Gerd Altmann from Pixabay.

According to, banks across the world are facing severe competition from digital players who are more responsive to consumers, more agile with innovations, and also nimbler. The California-based company said that its platform is designed uniquely to help banks improve their customer experience, innovation, and also employee productivity.

Murali Gopalan – CEO of said: “The platform is designed to help banks launch products and solutions faster to market, while creating phenomenal customer experience and increasing the top line and bottom-line revenue. Our platform leverages advanced Artificial Intelligence techniques and helps banks achieve this with minimal changes to their core infrastructure.”

Related posts