Unicorn India Ventures, Mumbai-based VC firms, has put almost $500,000 in Boxx.ai, artificial intelligence analytics startup. This round is the foremost institutional round acquired by the startup.
Who all participated in the funding round
Angel investors group including Suresh Shankar, founder of CrayonData, and Venky Krishnakumar, former CFO and COO at Citibank, APAC, have participated in this funding round.
How will be the funds utilized by the stratup
The company is striking ahead with the plan to invest the acquired funds in enhancement of its algorithms and technology platforms as well as enhancement of the offering portfolio.
About company’s offering
The startup caters products based on artificial intelligence that will be used for analytics problems at no time and minimal cost.
Company’s flagship products
Boxx.ai has a flagship product called AIDA that predicts about the customers’ behavior and lets you know that what they are likely to buy in nearby future and then deliver a personalized experiences of the customers across any marketing channels such as emails, browser notification, social media and app notification.