Swiggy, the online food ordering and delivery service acquires and hires kint.io, a Bengaluru based AI Startup which works in AI Technologies to detect objects from video.
Yesterday on Monday (4 February) Swiggy announced to Acqui-Hire kint.io, which is AI startup based in Banglore, India. There is no information about the amount of Aqui-hire deal.
The Kint.io is AI startup which is using latest cutting edge deep learning and computer vision technologies to detect object in the video by processing it through pre-trained deep learning model. These technologies will assist Swiggy in using Artificial Intelligence technologies for better customer experience.
As per the company statement, founders to Kint.io, Pavithra Solai Jawahar and Jagannathan Veeraraghavan will also join Swiggy AI team. According to the Swiggy statement this Aqui-hire process will help company in solving unique customer problem with the help of AI technologies.
This acquisition will help Swiggy to make better solution using computer vision and Artificial Intelligence technologies.
Kint.io was founded in 2014 to develop AI solutions, currently company developed AI solution for object detection in video which can be used for digital journalism and amateur sports sports broadcasting. Detailed information about solutions developed by kint.io is not available.
The acqui-hire is the first technology acquisition by Swiggy and this is going to be larger investment for building AI-Enabled platform for better customer satisfaction.
