Recruit Co., Ltd., intermediate holding branch of the Japanese recruiting giant Recruit Holdings which acquired Glassdoor just over a year ago, has recently announced a fresh investment into India's Techbins Solutions.
Techbins provides "niki.ai", an AI conversational commerce platform that supports local language in India to empower people in making online transactions. The investment was made through Recruit subsidiary RSP India Fund, LLC.
The platform analyses the language of users through natural language processing, enabling multiple online transactions over chat or voice interface on a single platform. Users can complete reservations for buses, taxis, hotels, restaurants, and more, as well as recharge prepaid mobile phones and pay bills.
According to Techbins, usage of the platform, particularly in regional cities where there is a need for a conversational platform that supports local languages, has been growing 50% month-on-month.
Read more here.