Haptik Ticks for Times Internet
New Delhi: Mumbai and San Francisco-based personal assistant app Haptik has raised an undisclosed sum in Series-B funding from Times Internet. The money will be used for product development and to improve artificial intelligence capabilities and business operations, Times Internet said in a statement.
Haptik had received $1 million from venture capital firm Kalaari Capital in September 2014.
“We started Haptik so that consumers could get the most out of their phones, without the huge learning curve of navigating hundreds of different apps. Ordering food or checking into a flight should be as easy as asking for it,” Aakrit Vaish, the CEO of Haptik, was quoted as saying.
Times Internet is the digital arm of The Times Group, the publisher of this newspaper. Founded in 2013 by Vaish and Swapan Rajdev, Haptik is a mobile-first application that enables users to get daily tasks done by chatting with assistants, a list that includes online shopping, travel bookings, food delivery, restaurant reservations and getting information about the best mobile plan recharges.
“Haptik is part of a growing glo-
bal trend towards chat-based commerce. They have great affinity amongst their current users, and we hope to help them continue to innovate on the service, while expanding their user base,” said Gautam Sinha, CEO of Times Internet.
The startup, which claims to processes over half-a-million requests every month, and has been downloaded by over 1-million users, works with some of the country’s largest consumer internet companies, including Flipkart, Cleartrip, Via.com and UrbanClap.