Reverie's Indic tech effort gets massive boost with Reliance investment | Forbes India
12 April 2019 9:02 AM GMT
Reliance Industries has acquired a controlling stake in the Bengaluru company for Rs 190 crore, and expects to invest further in it
- Reliance Industries has acquired a controlling stake in the Bengaluru company for Rs 190 crore, and expects to invest further in it
- A combination of Reliance Jio Infocomm's ecosystem of digital products and user interfaces, and experiences in Indian languages, could throw up massive potential for inclusion along many lines-from simple first-time access to the internet to sophisticated financial services.
- Reverie has built an "end-to-end Indic natural language processing set of solutions that covers the entire online journey of an Indian language user, from business discovery, Indic content creation and consumption, interaction and communication," according to its statement.
- In addition to Gopal, Reverie offers a language-as-a-service cloud platform providing Indic typing, content conversion, multilingual search and discovery - enabling localised experiences for end-users, consumer mobile apps for Indic language users, and Prabandhak, a marketplace for Indian language translations.