Flipkart did not reveal the terms of the acquihire, only saying that the Liv.ai team will form a “centre of excellence” in voice solutions within the e-commerce company. The new team, headed by Subodh Kumar, will now report to Ravish Sinha, who is a Vice-President at Flipkart.
“The next wave of growth of Internet users is coming from Tier 2 cities and beyond, and 70 per cent of these current internet users are vernacular language speakers and this proportion is only increasing. Given the complexities in typing on vernacular keyboards, voice will become a preferred interface for new shoppers,” said Krishnamurthy, in a statement.
While a Flipkart-powered smart speaker isn’t out of the question, the company says it will at first focus on making shopping on its platform easier for non-English speakers. Further, it says it can expand the voice capabilities to its large base of sellers as well as delivery executives who work for its subsidiary eKart.
Krishnamurthy said that Liv.ai was the first company, not just in India but globally, outside of the top technology firms in the world to have built such a capability in voice.
“Building a voice interface is complex, and is especially challenging in Indian context given multiple languages and accents. We are excited with the opportunity that is being presented to scale this up further and make it available to millions of consumers,” said Subodh Kumar, Co-Founder and CEO of Liv.ai.