About Active AI
Active AI is a company based in Singapore founded in 2016 by Parikshit Paspulati and Ravi Shankar was acquired by Gupshup in April 2022.. Active AI has raised $14.75 million across 6 funding rounds from investors including Gupshup, CreditEase and Vertex Ventures SG. The company has 69 employees as of April 04, 2024. Active AI offers products and services including Conversation Cloud, Campaign Manager, Conversational AI, and Agent Assist. Active AI operates in a competitive market with competitors including Zafin, PureFacts, Homebot, Glia and Shift Technology, among others.
- Headquarter Singapore
- Employees 69 as on 04 Apr, 2024
- Founders Parikshit Paspulati, Ravi Shankar
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Sectors
TechnologyFinancial Services
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Email
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Phone
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Website
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Social
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- Legal Name Innoactive Intelligence Llp
- Date of Incorporation 17 May, 2017
- Jurisdiction Bangalore, Karnataka, India
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Products & Services of Active AI
Active AI offers a comprehensive portfolio of products and services, including Conversation Cloud, Campaign Manager, Conversational AI, and Agent Assist. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages customer interactions across multiple channels.
Handles and scales click-to-chat advertising campaigns.
Delivers domain-specific models for business conversations.
Assists agents with AI-powered customer interactions.
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Funding Insights of Active AI
Active AI has successfully raised a total of $14.75M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(04 May 2016)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2020 | Amount | Series A - Active AI | Valuation | AMTD |
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| Jun, 2019 | Amount | Series A - Active AI | Valuation | Innocells | |
| Nov, 2017 | Amount | Series A - Active AI | Valuation | CreditEase , Vertex Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Active AI
Active AI has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Gupshup, CreditEase and Vertex Ventures SG. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Digital tech-focused venture capital arm of Banco Sabadell
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Investments in early-stage technology companies are made by Kalaari Capital.
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Venture capital fund focused on seed-stage startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Active AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Active AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Active Ai Comparisons
Competitors of Active AI
Active AI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zafin, PureFacts, Homebot, Glia and Shift Technology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Software solutions for relationship banking in financial services are delivered.
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CRM solutions for wealth managers
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Lead generation is enabled via chatbots for real estate agents.
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Cloud-based omnichannel platform is provided for financial customer service.
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Provider of AI solutions for insurance underwriting, claims, and risk
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| domain | founded_year | HQ Location |
Reputation management software is provided for solar industry sales.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Active Ai
Frequently Asked Questions about Active AI
When was Active AI founded?
Active AI was founded in 2016.
Where is Active AI located?
Active AI is headquartered in Singapore.
Who is the current CEO of Active AI?
Ravi Shankar is the current CEO of Active AI. They have also founded this company.
Is Active AI a funded company?
Active AI is a funded company, having raised a total of $14.75M across 6 funding rounds to date. The company's 1st funding round was a Series A of $8.25M, raised on May 04, 2016.
How many employees does Active AI have?
As of Apr 04, 2024, the latest employee count at Active AI is 69.
What does Active AI do?
Active AI was founded in 2016 in Singapore as a provider of conversational AI solutions. Interactions between businesses and customers are facilitated across commerce, marketing, and support channels through calls, chats, and texts in a unified interface. Tools for managing click-to-chat advertisements, developing conversational flows, and applying AI for personalization are included. Data security and customer privacy are ensured via robust measures. Tailored solutions are offered to multiple industry sectors.
Who are the top competitors of Active AI?
Active AI's top competitors include Glia, Shift Technology and PureFacts.
What products or services does Active AI offer?
Active AI offers Conversation Cloud, Campaign Manager, Conversational AI, and Agent Assist.
Who are Active AI's investors?
Active AI has 10 investors. Key investors include Gupshup, CreditEase, Vertex Ventures SG, Kstart, and AMTD ASEAN-Solidarity Fund.
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