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    AI Company secures funding from Samsung Ventures to accelerate its growth

    Bangalore based Speech Recognition Company, Gnani.ai​ has raised Series A funding from Samsung Ventures Investment Corporation. This makes Gnani.ai one of the first Indian startups to have received funding from Samsung Ventures.

    Gnani.ai will use this funding for product development, customer engagements and to accelerate its growth. ​Gnani’s ASR engine has the potential to power Samsung’s Bixby vernacular service in the future.

    Gnani.ai is focused on automatic speech recognition and natural language processing for multiple applications such as multilingual voice assistants and speech analytics. Gnani.ai has also recently launched an AI conversational assistant, a voicebot over telephonic channels.

    “This investment is a reaffirmation of our expertise in speech recognition technologies for multiple languages. We stay committed to our goal to continue being the leading speech recognition engine in Indic languages for voice assistant,  call automation and speech analytics applications for multiple customers,” said Ganesh Gopalan, Co-Founder and CEO, Gnani.ai.

    “Gnani.ai’s ASR engines have a significantly higher accuracy compared to even some of the global providers because we understand the nuances of the languages and dialects of a diverse country. That helps us tune our AI algorithms to perform better for this market,” said Ananth Nagaraj, Co-Founder and CTO, Gnani.ai.

    Gnani is already working with some of the biggest companies in the banking, insurance, e-commerce and financial services space. Gnani.ai has plans to expand globally to cover businesses in South East Asia, Middle East and the United States.

    For more information, visit: gnani.ai

    ELE Times Research Deskhttps://www.eletimes.com
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