1. Active.Ai Raises USD8.25 m Series A Funding Led by Vertex

    Active.Ai Raises USD8.25 m Series A Funding Led by Vertex

    Ventures(Attn.editors: The following press release comes to you under an arrangement with Business Wire India. PTI takes no editorial responsibility for the same.)Active.Ai Raises USD8.25 m Series A Funding Led by Vertex Ventures Bangalore, Karnataka, India & Singapore, Business Wire India, November 14, 2017---Active.Ai, a Singapore Headquartered Fintech platform with an innovation lab in Bengaluru, that delivers conversational banking through artificial intelligence (AI), announced a US$ 8.25 million Series A financing led by Vertex Ventures, Creditease Holdings and Dream Incubator. Existing investors Kalaari and IDG Ventures India will also participate in the round. Ben ...

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      Discourse, Entailment, Machine Translation, NER, Parsing, Segmentation, Semantic, Sentiment, Summarization, WSD

    1. We are very excited to have Vertex, Creditease and Dream Incubator join us in this exciting journey of building a world class AI product from India. The fresh round of funding will help us invest even more into technology and expand our footprint into other geographies.
    2. Active.Ai's NLP platform for conversational banking is rapidly gaining acceptance with key banking customers globally. We continue to be impressed with the passion and capabilities of the team, and are excited to be part of the next phase of their journey.
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