Reliance Jio acquires Haptik for Rs 700 crore

[iDJ]

Reliance Jio is reportedly acquiring Haptik - one of the world's largest conversational Artificial Intelligence (AI) platforms - for over Rs 200 crore.

A report in Inc42.com late Thursday claimed that the transaction is expected to be completed this week.

Jio Acquiring Conversational AI Platform Haptik for Rs. 200 Crores: Report

 

[mss]

So, jio will launch robotic customer care soon.

 

[hike]

Giving 200 Cr. for Haptik is very much!

 

[Bapun]

Reliance Industries Limited announced on Wednesday that its subsidiary Reliance Jio Digital Services Limited has acquired artificial intelligence (AI) firm Haptik for Rs 700 crore, with Rs 230 crore as the consideration for the initial business transfer.

Founded in 2013, Haptik is one of the world's largest conversational AI platforms and focuses on key customer engagement use cases such as customer support, concierge, lead generation and live chat. It has processed more than 2 billion interactions till date, with a marquee client list that includes Samsung, Coca-Cola, Future Retail, KFC, Tata Group, Oyo Rooms, Mahindra Group, among others.

Reliance Jio acquires AI-firm Haptik for Rs 700 crore

 

[Vishnu777]

Now,Will the speed increase?

 

[iDJ]

Now,Will the speed increase?

AI has nothing to do with internet speeds.

 

[iSK]

Now,Will the speed increase?

Only help in Customer service not in network speed

 

[Bapun]

Source