Active.ai will use the fresh funds to improve the technology behind its platform and focus on getting more customers in Asia and north America

Active.ai, run by Active Intelligence Pvt. Ltd, which offers a platform that has chatbots for large banks to interact with their customers, on Monday said it has raised $3 million in funding from venture capital firms Kalaari Capital and IDG Ventures India.

Active.ai, which was founded in 2016 and has 22 employees now, is registered in Singapore and had raised $500,000 from Kstart, a start-up accelerator run by Kalaari Capital in May.

It will use the fresh funds to improve the technology behind its platform and focus on getting more customers in Asia and north America. It is looking to expand its offshore development centre in Bengaluru.

Active.ai’s platform could help banks offer services to consumers in the chat format that they are most comfortable in.

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Other sources: Economic Times, Techhistory, Indianweb2, bwdisrupt.

 

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