Wednesday, October 28, 2020
News
NEWS HOME
»
PRESS RELEASES

Vernacular.ai Is Chosen to Be a Part of the World Economic Forum’s Global Innovators Community
  SocialTwist Tell-a-Friend  
   


Date: 22-09-2020 1:00PM
Source: Vernacular.ai
Category: General, Internet, Start Up, Information Technology, Telecom, Business Services, Events And Conferences, Sme, Technology, It & Tech
Location: Bengaluru, Karnataka, India

Business Wire India

The team at Vernacular.ai
The team at Vernacular.ai

Vernacular.ai, an AI-first SaaS voice automation platform announced today that it has been chosen to be a part of the World Economic Forum’s Global Innovators Community, an invitation-only group of the world’s most promising start-ups and scale-ups that are at the forefront of technological and business model innovation. Vernacular.ai helps accelerate engagement strategy, and utilize speech recognition and natural language understanding (NLU) technology to provide enhanced customer experiences across diverse sectors.

Founded in 2017 in Bengaluru (India) by two IIT Roorkee graduates, Sourabh Gupta and Akshay Deshraj, along with founding team members Prateek Gupta, Pravendra Singh and Abhinav Tushar, Vernacular.ai’s voice AI solution, VIVA (Vernacular Intelligent Voice Assistant), helps automate 80 percent of calls handled by a call center and reduces agents’ average call handling time by 30 percent. The API recognizes over 160 dialects in over 16 different languages (10 Indian languages and 6 foreign languages) to support the enterprise user base.

The World Economic Forum provides the Global Innovators Community with a platform to engage with public-and private sector leaders and to contribute new solutions to overcome the current crisis and build future resiliency. Companies who are invited to become Global Innovators will engage with one or more of the Forum’s Platforms to help define the global agenda on key issues.

“It is a great honor and we are pleased to partner with the World Economic Forum Community to drive the development of innovative solutions to tackle challenges surrounding businesses today,” said Sourabh Gupta, CEO and Co-founder of Vernacular.ai. “The future of human interface with machines is voice, we are reimagining business activities with enhanced communication effects, task management, and work productivity. We certainly look forward to innovating further and continuing this important work over the coming years, and working with the World Economic Forum as a Global Innovator is a great way for us to share our solutions with a broader audience and engage in an insightful conversation with the best minds in the field.”
About Vernacular.ai

Vernacular.ai is a Series A funded start-up and an AI-first SaaS business that is driven with a mission to become the leading voice AI/automation system in the world, and currently, services leading enterprise clients across BFSI, Hospitality, F&B, and other industries. This Bengaluru-based start-up won the seed capital investment of the year in 2018, by venture intelligence and was nominated at the ET Start-up Awards 2018.

About World Economic Forum

The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural, and other leaders of society to shape global, regional, and industry agendas. It was established in 1971 as a not-for-profit foundation and is headquartered in Geneva, Switzerland. It is independent, impartial, and not tied to any special interests.

About Global Innovators Community

The Global Innovators Community is a group of the world’s most promising start-ups and scale-ups that are at the forefront of technological and business model innovation. The World Economic Forum provides the Global Innovators Community with a platform to engage with public- and private-sector leaders and to contribute new solutions to overcome current crises and build future resiliency.

Companies who are invited to become Global Innovators will engage with one or more of the Forum’s Platforms, as relevant, to help define the global agenda on key issues. If your company is interested in becoming a Global Innovator, please get in touch here.


More Press Releases

ThinkYou Offers Science-Based Diet Plans for a Healthy Journey

Assurant Acquires Mobile Device Trade-In Innovator HYLA Mobile

Australia's Global Talent Visa Program Sees Tech CEOs Swap Silicon Valley for Sydney

Amazon India Launches Delivering Smiles Program to Support the Education of Students From Marginalized Communities

CSS Corp Wins Gold at the 12th Annual 2020 Golden Bridge Business and Innovation Awards®

TestingXperts Certified as A Great Place to Work

NTT Com Receives "Operator Award: Embracing Cloud" at Network Transformation Awards During Layer123 World Congress 2020

Power Integrations' New MinE-CAP IC Reduces Volume of AC-DC Converters by Up to 40%

Wipro Strengthens Partnership With SAP on Industry Cloud Solutions for Real Estate Sector

Blue Cloud Ventures Announces Investment in Arctic Wolf Networks

State-of-the-art Photography Results and Immersive AR Experiences: Infineon and pmd Offer 3D-imager With Longest Range in the Market

Morinaga Milk Expands Lactoferrin Production Capacity in German Subsidiary “MILEI GmbH”

This Festive Season, Use a Flexi Personal Loan to Manage Big Expenses

INX to Acquire Openfinance Securities, LLC

IDEMIA Will Present Its Q3 2020 Financial Results to Investors on November 2, 2020

Veeva Teams With Life Sciences to Offer Industrywide Source for Key Contacts, Information, and Services From Across Companies and Brands

Pulse Electronics Switches to Rimini Street Support for its SAP Applications

Toshiba Announces Updated 4TB, 6TB and 8TB Enterprise Capacity HDD Models

LiveRamp Enhances Global Identity Infrastructure to Include Unified ID 2.0

QoreNext Announces Angel Investment Funding

Andersen Global Adds Additional Presence in Jamaica

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Sukhbir Singh Badal says centre should n...
Twitter representatives appear before Pa...
Eroding Section 230 can collapse Interne...
India reports 43,893 new COVID-19 cases,...
How can Devangana tamper with proof, ask...
Ballabgarh murder accused a relative of ...
More...    
 
 Top Stories
Gokulam Kerala FC's home ground is ... 
NASA, ESA ink pact to collaborate o... 
Japan: Oppn grills Suga over scienc... 
Mizoram records 1st Covid death... 
Some forces want to destabilise Pak... 
Fresh unrest rock Philadelphia afte... 
2 Chhattisgarh districts make a mar... 
Ballabgarh murder accused a relativ...