Resonance’s forte is the proprietary AI tech for deep mining of internal and external sources of structured and unstructured data to identify intelligent threads of relationships.
“Rene’s algorithm captures natural or written conversations and translates it into structured logical data. It also has the capability to interface data with multiple sources and data platforms,” said IP Ventures' angel investor Manoj Sohoni.
The platform generates powerful insights using AI, which can help businesses drive enormous productivity, raise sales effectiveness, create highly personalised services, enable new services, markets or geographies, said Sohoni.
“Rene as a business assistant has huge market potential and path-breaking applications in industries such as banking, financial services, insurance, and retail,” he said.
Resonance has signed up with clients in the US and Southeast Asia, and plans to use the funds raised to hire more engineers and expand its sales footprint overseas.