In a rapidly evolving technological landscape, artificial intelligence (AI) continues to redefine the way we interact with the world around us. One company that stands at the forefront of this AI revolution is Actyv.ai. Founded in 2016 by a team of visionary entrepreneurs, Actyv.ai has quickly emerged as a trailblazer in the field of virtual assistants, offering innovative solutions that cater to the needs of businesses and individuals alike.
Pioneering the Next Generation of Virtual Assistants
At its core, Actyv.ai is a cutting-edge AI software company that specialises in the development of virtual assistants powered by natural language processing (NLP), machine learning, and advanced algorithms. The company's mission is to build intuitive and intelligent virtual assistants that can simplify and streamline various tasks, ultimately enhancing productivity and efficiency for users.
Actyv.ai's journey began with the realisation that traditional virtual assistants were often limited in their capabilities and struggled to understand complex human interactions. To overcome these shortcomings, the team at Actyv.ai set out to create a virtual assistant that could comprehend context, learn from user interactions, and provide personalised responses tailored to individual needs.
Team and Leadership
Raghunath Subramanian is the company's Founder, Global CEO, and CTO. Raghu was a founding member and Chairman of UiPath India before joining actyv.ai as Founder and CEO. The Robotic process automation (RPA) company was led by Raghu which resulted in an outstanding NYSE listing.
Raghu formerly held roles of leadership in Hexaware and EXL Service. Raghu is a technical, entrepreneurial, and business leader who was an early investor in actyv.ai. He is also a board member of several successful firms, including BritishVolt, Simple Energy, Tender Cuts, and Social Swag.
Other team members who have helped actyv.ai to reach its position are,
- Ramkumar Thirumurthi, Co-Founder & Chief Operating Officer
- Ambarish Ojha, Co-Founder & Head - Customer Engagement
- Arunprasad Ram, Co-Founder & Head - Product & Engineering
- Chandru K Sambasivan, Co-Founder & Head - Marketing & Business Development
- Sumit Khaneja, Co-Founder & President – Embedded offerings
- Abhijit Rao, Global Head of People
- Anshuman Rai, Corporate VP, Sales (India and South Asia) & Head of Global Sales Operations
- Dr Anupam Suri, Head - Insurance Business & Products
Innovation and Customization
Actyv.ai stands out for its commitment to innovation and customization. The company understands that each business has unique requirements and that a one-size-fits-all approach won't suffice. Consequently, Actyv.ai works closely with its clients to develop tailor-made virtual assistants that align with their specific needs.
These customised virtual assistants can undertake a range of tasks, from handling customer queries and automating routine processes to assisting with data analysis and decision-making. By leveraging AI-powered virtual assistants, businesses can unlock newfound efficiency, cost-effectiveness, and competitive advantages.
Actyv.ai offers a variety of solutions that are integrated with financial products such as B2B BNPL and insurance to enable seamless interaction between companies, suppliers, distributors, and retailers. The firm provides solutions such as digital documentation and approval, assessing partner health and potential, and empowering partners with actyv PayLater.
Products and Offerings
The company's aim is to promote development possibilities throughout the global B2B supply chain ecosystem by using AI, digitising business transactions, and providing access to appropriate integrated financial and insurance products. Their objective is to change the global B2B supply chain by using AI to make commercial transactions quicker and easier.
The company's flexible solutions empower the supply chain ecosystem by engaging with conventional supply chain partners and financial institutions. actyv Go automates and speeds partner onboarding and offboarding by digitising document collecting, information extraction, data verification, fraud checks, approval procedures, and digital document signing. It enhances top-line growth by accelerating timely onboarding and saving considerable human work.
actyv Score is the first complete grading and underwriting system of its type. The score is developed from a thorough examination of validated and certified historical data, both financial and non-financial. It also considers current data, bureau reports, personal conversations, and visits to the business's premises. actyv PayLater provides buy-now-pay-later (BNPL) payment option for distributors and retailers onboarded with enterprises. actyv.ai’s financial institution partners enable attractive payment terms based on actyv Score.
By actyv Insurance one can to digitally enable access to innovative insurance products contextualised for enterprises as well as their business partners to increase the overall business sustainability of the supply chain ecosystem.
Continued Growth and Vision
Since its inception, Actyv.ai has witnessed tremendous growth and recognition in the AI community. The company's commitment to excellence and ground-breaking advancements has earned it accolades, partnerships, and a rapidly expanding client base.
Looking ahead, Actyv.ai continues to push the boundaries of AI technology, exploring new frontiers in conversational AI, reinforcement learning, and multimodal interactions. The company envisions a future where virtual assistants become indispensable companions, seamlessly integrating into our daily lives and augmenting human capabilities across all domains.