“Artificial Intelligence is taking over retail and has been used across the entire product and service cycle. Supply chain Flipkart which was acquired by US retail giant Walmart this year is using machine learning (ML) to arrive at a structured address classification system for order deliveries, The ML solution classifies and resolves inconsistencies with a…
Tag: India
Walmart Labs Acqui-Hires Int.Ai To Strengthen Its India Engineering Team
Walmart Labs, the local product development division of US retail giant Walmart has acqui-hired Delaware-based data analytics and machine learning startup Int.Ai, its second acqui-hire in India in three months, as it looks to strengthen its engineering team. In September, Walmart Labs brought the entire team of engineers from Bengaluru-based Appsfly onboard, which built a…
India $64B Opportunity in 2021
“Indian consumers have started embracing e-commerce with great zeal. According to Forrester, India is the fastest-growing online retail market in the world that will reach $64 billion by 2021, growing at a CAGR of 31.2%. The global payments leader, Worldpay, estimates that India will outshine the US to become the second largest e-commerce market globally…