Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, April 23 2019 - 13:00
Netcore Acquires, an AI Chatbot Start-up in an all IP and Talent Deal
MUMBAI, India April 23, 2019 /PRNewswire-AsiaNet/ -

Netcore Solutions, a Global Marketing technology company, has acquired [ ], an AI chatbot start-up. With the IP 
and talent acquisition, Netcore gets access to Quinto's conversational 
AI-powered chatbot engine and its employees. Quinto's co-founder Hrishikesh 
Rajpathak also joins Netcore as Chief Data Scientist and will lead its Machine 
Learning and Conversation Analytics initiatives. Hrishikesh comes with over 12 
years of experience in Machine Learning, Deep Learning and Natural Language 
Processing(NLP) technologies. He has worked with multiple international clients 
in life sciences and BFSI domain as an AI consultant. He co-founded Quinto 4 
years back as a food recommendation platform which later pivoted to a 
conversational AI platform.


Quinto enables businesses to automate conversations with customers and improve 
customer experience. Businesses across verticals can use's always-on 
24x7 chatbot for automated product discovery, recommendations, Inside sales and 
Live chat. Quinto can be integrated with Facebook Messenger, WhatsApp, Slack 
and other popular chat platforms.

With Quinto, Netcore's Smartech [] gets 
capability of handling conversations in automation journeys 
riding on Quinto. This will be an industry first feature. With Hrishikesh 
onboard, Netcore will further strengthen its leadership through the AI/ML 
platform 'Raman' 
and will foray into the Conversational Analytics space. 

Kalpit Jain, Group CEO, Netcore Solutions, said, "With the growth of Chat 
Platforms such as WhatsApp and Facebook Messenger, Voice Assistants like Siri 
and Alexa, as well as Smart Speakers, it's no surprise that Gartner predicts 
that by 2020, customers will manage 85% of their relationship with an 
enterprise without interacting with a human. We believe that Conversational AI 
will be a strategic asset for Marketers in their Martech stack and it will 
reshape how brands and customers interact with each other."

Hrishikesh Rajpathak said, "What makes this a great deal is the synergy between 
Netcore's focus on conversational marketing and Quinto's AI chatbot platform. I 
am excited to be a part of Netcore and contribute towards its next-gen 
initiatives across domains of marketing and sales automation.

Quinto was earlier backed by Rebel Foods Pvt Ltd (formerly known as Faasos Food 
Services Pvt Ltd), who now exits with this deal.

The deal was managed by Investment Bank Equirus Capital through Propeluss, a 
smart deal making platform.

About Netcore
Netcore, a global Marketing Technology company that offers solutions to help 
brands and enterprises in customer acquisition, engagement, and retention. The 
first and leading Marketing Automation, Analytics and AI/ ML solutions provider 
in India, Netcore was established in 1997 by Mr. Rajesh Jain, an Internet 
pioneer. Netcore's product suite includes Smartech and Pepipost. Smartech is an 
AI powered growth marketing platform. Pepipost is an API based Email sending 

Netcore serves a strong base of 3000+ enterprises across industry verticals, 
like Jet Airways, Thomas Cook, Go Air, Clear Trip, HDFC, Kotak, Axis Bank, 
ICICI Bank, UTI, Facebook, Reliance, Vodafone, Godrej , ITC, OLA, Pfizer, OLX 
along with International brands Seek Asia, Tokopedia, Blibli, Standard 
Chartered, FCMB, GT Bank and many more. Netcore, with its' innovative marketing 
technology, delivers 7+ Billion emails & 3+ Billion SMSs a month, creating 11+ 
Billion Customer Connects monthly and handles 30+ Billion Events a month. 
Netcore is headquartered in Mumbai, India with offices in SEA, USA, MEA and an 
employee base of 500+.

For more information on Netcore's Smartech – an AI powered growth marketing 
platform, visit: [] 
For more information on Netcore, [visit] 

Source- Netcore Solutions Pvt. Ltd