Merger & Acquisition

Walmart Labs Acqui-hires Machine Learning Startup Int.ai

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Walmart Labs Acqui-hires Machine Learning Startup Int.ai

Within just three months after Walmart Labs India had acquired Bangalore-based Appsfly.io, it has made an another acquisition as it has announced it would hire key tech team from Machine Learning (ML) and data analytics startup Int.ai .

Started in the beginning of 2016 with an ambitious mission to build an AI powered personal data analyst for every business executive, Int.ai (Intelligent analytics platform) has developed expertise in blending machine learning with data analytics to uncover insights that significantly impact business metrics.

Post this acquisition, the Int.ai team of just three engineers including the co-founders Vinay Kumar NP and Praneeth Doguparthy will join Walmart Labs India.

They will be part of the health and wellness portfolio under Customer Technology at Walmart Labs, the technology unit of US retail giant Walmart.

“We are glad to welcome the Int.ai team to the big Walmart Labs family and believe that their expertise will be a great addition to our data analytics capabilities,” said Hari Vasudev, Country Head and Vice President — Technology, Walmart Labs India.

This is the second acqui-hiring Walmart Labs India has made — after micro-app startup Appsfly in September where it merged Appsfly’s six-member team into its customer experience engineering group.

Founded in 2016, Int.ai has invested and built expertise in architecting an analytics automation framework which will support Walmart Labs in developing solutions and supporting large-scale businesses.

“After working for almost 3 years on it, we are very happy to let you know that our entire team will be joining Walmart Labs, India,” Vinay and Praneeth said in a separate statement.

“We started Int.ai in the beginning of 2016 with an ambitious mission to build an AI-powered personal data analyst for every business executive,” they added.

Int.ai developed expertise in blending Machine Learning with data analytics to uncover insights that significantly impact business metrics.

Source – The News Minute

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Suman Chaudhary
An engineer by education and writer by profession, Suman keeps tab on startup ecosystem of India and leads the research team of IndiaWeb2 for covering funding deals, merger & acquisition and market reports.

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