New York based enterprise artificial intelligence startup WhizAI today announced a $1.1 million round led by strategic partner Trigyn Technologies, Inc (Wholly Owned Subsidiary of Trigyn Technologies Limited, a company incorporated under Indian Laws and listed on BSE and NSE) with participation from angel groups and existing investors.
Whiz is a pre-trained AI-powered marketing and sales enablement platform for large enterprises. The company's clients in manufacturing and life sciences are using the whiz platform to increase rep productivity, institutionalize sales best practices, empower marketing with AI powered analytics, and improve adoption of existing data and applications via seamless access in natural language on desktop and mobile.
"I'm thrilled to form an alliance with Trigyn as the new investment will help us further build out our AI platform, and the partnership will accelerate our customer acquisition." said Rohit Vashisht, co-founder and CEO of WhizAI.
Whiz is a proprietary AI platform built for large enterprises and can be deployed within the client's firewall, integrated with multiple data sources, as well as maintained and customized by client's IT team.
Mr. R. Ganapathi, the Chairman and Executive Director of Trigyn Technologies Limited said, "Trigyn is servicing clients world over with US being our primary market. Our clients are actively looking at AI solutions and we plan to work with the WhizAI team to bring a robust enterprise grade AI platform to our clients to help them improve productivity, information access and sales."
WhizAI was founded in New Jersey in 2017 by seasoned entrepreneurs Rohit Vashisht, Amitabh Patil and Aaron Carlock, who have previously built venture backed companies with successful exits. The management team has a proven track record and expertise in AI, ML and enterprise software that is being used at Fortune 500 clients. WhizAI's current clients include large manufacturing and life sciences companies and it has raised $1.6M to date.
Shares of TRIGYN TECHNOLOGIES LTD. was last trading in BSE at Rs.89.15 as compared to the previous close of Rs. 82.75. The total number of shares traded during the day was 87786 in over 1652 trades.
The stock hit an intraday high of Rs. 94.55 and intraday low of 84.85. The net turnover during the day was Rs. 8037383.