KGP Alumni Start-up receives funding from Shri Ratan Tata

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RATAN TATA & SCREWVALA (UNILAZER) INVEST IN ARTIFICIAL INTELLIGENCE (AI) – NIKI.AI

niki.ai, an artificial intelligence (AI) based chatbot, announced that Ratan N. Tata, Chairman Emeritus of Tata Sons, has invested in the company along with Ronnie Screwvala’s Unilazer that did a follow up round to their first seed investment. niki.ai leverages the technology of natural language processing and machine learning to converse with the customers over a simple chat interface, and places their orders within seconds with the partner businesses.

niki.ai was founded in April 2015 by four IIT Kharagpur Alumni - Sachin Jaiswal, Keshav Prawasi, Nitin Babel and Shishir Modi and has now grown to a 21 member strong team. Niki as a product has gone
beyond search having built a stateful dialog manager, which remembers the context of the conversation t