Within three months of acquihiring Bengaluru-based micro-app startup Appsfly, Walmart Labs has taken over another Indian startup in an artificial intelligence field called Int.Ai to boost its tech team in the country.
Like Appsfly, where six-member team merged into Walmart’s customer experience engineering group, the three-member team of Int.Ai will be a part of the health and wellness portfolio under customer technology at Walmart Labs.
Floated in 2016 by Praneeth Babu Doguparthy and Vinay NP, Int.ai has invested and built expertise in machine learning-powered architecting an analytics automation framework which will support Walmart Labs in developing solutions and supporting large-scale businesses.
The platform has built capabilities in analysing data and sharing it with targeted users over email as well as collaborative tools like Slack among others.
Earlier, the Arkansas-based company had set up its Lab (Walmart Labs) in Bengaluru. Walmart Labs also announced that it will hire 2,000 engineers across the world, including India.
Further, Walmart revealed that it will acquihire three to five startups in the country in the field of merchandising, machine learning, supply chain experience, data science and cloud experts.
Unlike other overseas Internet behemoths, Walmart Labs eyes small ticket size acquihire or acquisitions.
On the other hand, the company’s arch-rival Amazon takes investment route after the acquisition of Emvantage and Junglee. The firm has invested in over a dozen of startups including Shuttl, Capital Float, Acko, and Housejoy.
The development was reported by ET.
