Business News
Home > Business News
Airtel buys 10% stake in conversational AI startup Voicezen
TIWN
TIWN
PHOTO : TIWN
New Delhi, May 21 (TIWN) Bharti Airtel on Thursday said that it has acquired a 10 per cent stake in Voicezen, an early stage startup focused on conversational AI technologies.
The acquisition has been made by the company under its fast expanding Airtel Startup Accelerator Programme, the company said in regulatory filing.
"Acquisition of the equity shares of investee company is done at mutually agreed pre money enterprise valuation. The said valuation is not disclosed herein due to reasons of confidentiality," it said.
Gurugram-based Voicezen has been working on developing advanced solutions that leverage machine learning, AI, speech to text and voice technologies to offer real time analytics to help brands serve customers better.
Add your Comment
Comments (0)
More Business News
- IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
- realme set to shake up market: Launching fastest entry-level 5G smartphone 'C65' under Rs 10k
- India's industrial production accelerates to 5.7pc in Feb
- India records 17 pc jump to become 4th largest exporter of digital services: WTO report
- 300 pc rise in market cap to Rs 400 lakh crore in last 10 years driven by strong economic fundamentals