Active Intelligence Pte Ltd
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| Company type | Private |
|---|---|
| Founded | February 2016[1] |
| Founders | Ravi Shankar Parikshit Paspulati Shankar Narayanan |
| Headquarters | , Singapore |
Key people |
Parikshit Paspulati (CTO) Shankar Narayanan (COO) |
| Products |
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Number of employees |  65 (November 2017) [1] |
| Website | https://www.active.ai |
Active Intelligence Pte Ltd (Active.Ai) is a private fintech company focusing on artificial intelligence. Its headquarters are in Singapore while its research and development base in Bengaluru. It claims to use natural language processing and machine intelligence as a platform that allows banks to interact with customers using messaging and voice.[3]
Active.Ai was founded by Ravi Shankar, a former Group Executive Vice President at Yes Bank,[4] Shankar Narayanan, and Parikshit Paspulati in 2016.
Active.Ai raised $3 million from ID Ventures India and Kalaari Capital in November 2016. It raised $8.25 million in series A round of funding, co-led by Vertex Ventures, Creditease Holdings and Dream Incubator in November 2017.[5]
Products
[edit]Morfeus
[edit]Morfeus is Active Ai's middleware engine that runs as the Java app on a typical web server. It provides a web interface for configuration and management, connecting front-end channels that helps banks to engage with their customers over unstructured micro-conversations via mobile,[6] chat or voice enabled IOT devices using artificial intelligence. Morfeus was developed with assistance of the company's innovation lab in Bangalore India.[2]
Triniti
[edit]Triniti is an AI engine composed of natural language processing and natural language generation elements enabling financial institutions to connect with customers in a natural format over messaging, voice and IOT devices.[7] Triniti is also designed for banks to automate certain functions including transactions and customer service between customers and other banks.[1]
References
[edit]- ^ a b c Malik, Yuvraj (15 November 2017). "Active.ai raises $8.25 million in funding round led by Vertex Ventures". livemint. Retrieved 15 Nov 2017.
- ^ a b Pankaj, Maru. "Singapore's fintech startup Active Ai enables banks to converse with their customers using AI". The Economic Times CIO (ETCIO.com. Economic Times. Retrieved 24 March 2018.
- ^ Sanyal, Nikita. "Active.ai and what is it all about?". Tech Viral Hai. Retrieved 17 April 2018.
- ^ Soni, Sandeep (10 December 2017). "Is Talent Crunch a Spoiler for India's AI Industry?". Entrepreneur.com - India. Entrepreneur.com. Retrieved 24 April 2018.
- ^ Paul, Binu. "Fin-tech startup Active.Ai gets Series A funding from Vertex Ventures, others". VCCiRCLE. News Corp. Retrieved 4 May 2018.
- ^ Jürschick, Joachim (25 July 2017). "KI platform for banks with chat and voice control - from Infosys Finacle and FinTech Active.Ai". IT Finanzmagazin. Retrieved 17 May 2018.
- ^ Bhakta, Pratik. "Active.Ai raises $8.25 million from Vertex Ventures and others". The Economic Times. Retrieved 3 April 2018.