Fluid AI

artificial intelligence/machine learning

FOUNDING YEAR: 2012
LOCATION: India
Last Update: 08/09/2020

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About

Fluid AI believes that the power of AI can be used across industries, sectors, and use cases. The team is working hard to bring about a future where our solutions redefine the landscape of what is possible using AI. They provide solutions for Banking, Insurance & Finance, E-commerce & The Web, Retail & Marketing, and Government.

MEDICI Analysis

Fluid AI believes that the power of AI can be used across industries, sectors, and use cases. The team is working hard to bring about a future where our solutions redefine the landscape of what is possible using AI. They provide solutions for Banking, Insurance & Finance, E-commerce & The Web, Retail & Marketing, and Government.

Focus

PRODUCTS & SERVICES

Fluid AI believes that the power of artificial intelligence can be used across industries, sectors and use cases. Our team is working hard to bring about a future where our solutions redefine the landscape of what is possible using AI. Products/Services: 1) Mobile based AI: (In Mobile Browser/In App based Avatar) 2) Physical Location based AI: (In store/branch kiosk based Avatar which interacts with user, provides product/service information and closes sales in real time. It also, allows social sharing of experience. All in real time) 3) Decisions: (Predicts, Takes Decisions, Saves Cost, Makes Business Efficient)

REVENUE MODEL

Self Funded

PRIMARY PROBLEM SOLVED

Automated customer onboarding and availing of services via AI based Avatar: 1) Opening of Account 2) Offering other services like Loans, Credit Cards 3) Real time printing of credit cards with named and photo embossed on the card 4) Verification of existing customer via Face Recognition, Bio Metrics, OTP, Flashing of Valid Identity Card etc. All this in quick time standing in front of the kiosk and talking to the Avatar.

company provided insights

Traction

REVENUE COMMENT:

On Forbes India Cover Also, Separately in 'Forbes 30 under 30 Asia'

ACTIVE USERS:

50 Million

ACTIVE USERS COMMENT:

Awards and Recognition: -IBM Best Deep Tech Start-up -Frost & Sullivan Artificial Intelligence Solution/ Product of the year 2017 -Emirates NBD Fintech Challenge London, Winner -Extreme Tech Challenge Global Fin Tech Winner -Intel Global Perceptual Computing Challenge, Winner -BBVA Open Talent Top 20 Global Fintech company in 2016 -Part of Start Path Program of MasterCard -Microsoft Biz Spark Challenge, Winner

company provided insights

People

INVESTORS:

EvoNexus

Microsoft Accelerator Bangalore

Momentum

FUNDED

NO

DATE OF LAST FUNDING

Oct 2019

LISTED

NO

Innovation Programs

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Fluid AI

About

Fluid AI believes that the power of AI can be used across industries, sectors, and use cases. The team is working hard to bring about a future where our solutions redefine the landscape of what is possible using AI. They provide solutions for Banking, Insurance & Finance, E-commerce & The Web, Retail & Marketing, and Government.

Focus

PRODUCTS & SERVICES

Fluid AI believes that the power of artificial intelligence can be used across industries, sectors and use cases. Our team is working hard to bring about a future where our solutions redefine the landscape of what is possible using AI. Products/Services: 1) Mobile based AI: (In Mobile Browser/In App based Avatar) 2) Physical Location based AI: (In store/branch kiosk based Avatar which interacts with user, provides product/service information and closes sales in real time. It also, allows social sharing of experience. All in real time) 3) Decisions: (Predicts, Takes Decisions, Saves Cost, Makes Business Efficient)

REVENUE MODEL

Self Funded

TOP PROBLEM SOLVED

Automated customer onboarding and availing of services via AI based Avatar: 1) Opening of Account 2) Offering other services like Loans, Credit Cards 3) Real time printing of credit cards with named and photo embossed on the card 4) Verification of existing customer via Face Recognition, Bio Metrics, OTP, Flashing of Valid Identity Card etc. All this in quick time standing in front of the kiosk and talking to the Avatar.

PRODUCT DEVELOPMENT STAGE

V2.0 or BEYOND

PRODUCT DEVELOPMENT COMMENT

We have a unique algorithm that works on Darwin's theory on evolution. Our algorithm genetically evolves, over a period of time, learning from the instances and getting better with each conversation.

KEY DIFFERENTIATORS

Our Kiosk based AI Avatar has taken many global banks by storm. We have: Kiosks - Which is a beautiful amalgamation of the real and the digital world In mobile AI Avatar - without the need to develop a mobile application Plug and Play Middleware - That sits on the users premise providing amazing analytics Our enviable clientele includes: Bank Of America Royal Bank of Canada Barclays Master Cards and so on...

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

Enterprise - Retailers

PRODUCT ATTRIBUTES

SaaS

On-premises

Customer facing

STRATEGIC CLIENTS AND PARTNERSHIP

Bank of America : Client

Royal bank of Canada : Client

Barclays : Client

Emirates NBD : Client

National Commercial Bank : Client

Mastercard : Client

Toyota : Client

Vodafone Group : Client

Deloitte : Client

Capgemini India Pvt Ltd : Client

Accenture : Client

Traction

REVENUE COMMENT:

On Forbes India Cover Also, Separately in 'Forbes 30 under 30 Asia'

ACTIVE USERS/ACCOUNTS:

50 Million Million

ACTIVE USERS COMMENT:

Awards and Recognition: -IBM Best Deep Tech Start-up -Frost & Sullivan Artificial Intelligence Solution/ Product of the year 2017 -Emirates NBD Fintech Challenge London, Winner -Extreme Tech Challenge Global Fin Tech Winner -Intel Global Perceptual Computing Challenge, Winner -BBVA Open Talent Top 20 Global Fintech company in 2016 -Part of Start Path Program of MasterCard -Microsoft Biz Spark Challenge, Winner

LIVE USERS/TRANSACTIONS:

Yes, in live production

CHANNEL STATUS

MULTIPLE CHANNELS

NUMBER OF CLIENTS OR PAYING CUSTOMERS

50

People

NUMBER OF EMPLOYEES

51-200

TEAM COMMENT:

Agile core team of 50 members working, through our HeadQuarters in Mumbai (India), on a flat hierarchy towards a common goal "Change the way we humans interact with Machines" -We also have business teams in USA, Netherlands, Jamiaca, Mauritius

Momentum

FUNDED

YES

FUNDING COMPLETED

NO

LISTED

NO

FUNDING SERIES