Senseforth.ai raises $14 million from Fractal.ai for global expansion
Senseforth.ai, a conversational AI chatbot provider, raises $14 million from an AI and analytics solutions provider, Fractal.ai. The investor, Fractal.ai provides artificial intelligence and analytics solutions to Fortune 500 companies. Senseforth.ai aims to utilize the fresh capital generated in gaining and enhancing its presence across Fractal.ai's clients internationally.
The recent funding is beneficial both ways. It will aid Fractal.ai to solidify its conversational AI propositions on its long term objective to command every human decision in the industry.
Commenting on the recent strategic funding, Shridhar Marri, CEO and Co-Founder of Senseforth revealed that the new ties unravel fresh growth paths for Senseforth.ai. The platform is focused to achieve its aim "to make technology humanlike" with better human-AI interface and to ease complexity of business operations. Senseforth.ai also plans on investing in skilled talents, research and development, customer experience, expansion of clientele and to scale up overall growth.
Fractal’s Co-Founder, Group Chief Executive and Vice Chairman, Srikanth C lauded Senseforth.ai's team and their collaborative effort to create a strong AI platform which is setting up at scale with clients such as HDFC. Velamakanni along with his team is looking forward to the partnership as they enter the next chapter of growth.
Speaking about Senseforth.ai's achievements and laudable work, Pranay Agrawal, Fractal’s Co-founder and Chief Executive Officer mentioned about Senseforth.ai's collaboration with the Indian Government to eradicate technological blockades, using conversational AI and enabled citizen services for 700 million internet users.
With marking global ML benchmarks and evolving research, development and innovation segments, Senseforth.ai plans on channeling investment into advanced research for A. ware.