Company:Flytxt

From HandWiki
Flytxt
TypePrivate
IndustryTelecommunications,[1] Artificial Intelligence, Marketing Automation Software, Advanced Analytics
Founded2008[2]
HeadquartersNetherlands
Key people
Vinod Vasudevan, Group CEO
Prateek Kapadia, CTO
[3]
ProductsNEON-dX
Number of employees
~400
Websitewww.flytxt.com

Flytxt provides AI-driven customer engagement solutions[buzzword] to enterprises.[4] The company has its headquarters in Amsterdam, Netherlands with offices in the United Arab Emirates and India and along with regional presence in Germany , Mexico, Singapore, South Africa , Malaysia and Argentina .[5]

History

Flytxt founded in 2008 with its headquarters in Netherlands.[6] Flytxt provides AI driven customer engagement solutions[buzzword] to enterprises across the globe. The company’s client includes Vodafone, America Movil, Viettel, Airtel, Zain Group and others.[7][8]

Operations

Flytxt has operations in Europe, APAC, Middle East, Africa, South America.[9] Vinod Vasudevan joined Flytxt as chief executive officer in 2009.[10] In 2018, the company announced that it will be expanding its R&D at Technopark, Trivandrum.[11]

Products

Flytxt's enterprise-class software product NEON-dX, is an out-of-the-box, real-time decision-making and marketing automation product that allows large enterprises to drive personalized and contextual customer engagement across digital touch points using advanced analytics, marketing automation and artificial intelligence.[12][13][14][15][16]

Funding

In 2008, Flytxt raised seed funding which followed by an angel round in 2013 from IVC Venture Capital, Schnell Consult, Clifton Holding and RM Beteiligungsverwaltung.[17] In 2015, Flytxt received Series A venture investment of $11 million led by the venture capital firm Sunrise Capital, Big Data Investments and other investors.[18][19][20] In 2017, the company announced that it raised another $11 million in funding from DAH Beteiligungs for growth and expansion in other sectors.[21]

References

  1. ↑ "Archived copy". http://www.technopark.org/companies/a-z-listing?controller=companies&view=company&id=62. 
  2. ↑ "Flytxt B.V.: Private Company Information". Bloomberg. https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=139378144. 
  3. ↑ "Flytxt Leadership Team". https://www.flytxt.com/about-us/leadership-team/. 
  4. ↑ "Zain Partners with Flytxt to Enhance Customer Experience". Business Wire. 2017-02-28. http://www.businesswire.com/news/home/20170228005809/en/Zain-Partners-Flytxt-Enhance-Customer-Experience. Retrieved 2018-12-22. 
  5. ↑ www.ETTelecom.com. "Dutch firm Flytxt to invest Rs 250 cr in Kerala's Technopark - ET Telecom" (in en). https://telecom.economictimes.indiatimes.com/news/dutch-firm-flytxt-to-invest-rs-250-cr-in-keralas-technopark/65920280. 
  6. ↑ Ambre, Ashna (2015-06-30). "Flytxt raises $11 million from Sunrise Capital and others" (in en). https://www.livemint.com/Companies/3iA8E6SM0uVwpgv6hFfsRK/Flytxt-raises-11-million-from-Sunrise-Capital-and-others.html. 
  7. ↑ Kurian, Vinson. "Telecom giant America Movil goes live with Flytxt tech platform" (in en). https://www.thehindubusinessline.com/info-tech/telecom-giant-america-movil-goes-live-with-flytxt-tech-platform/article23667964.ece. 
  8. ↑ Ajanaku, Lucas (2018-08-07). "MTN Group deploys artificial intelligence-driven tech for marketing" (in en-US). http://thenationonlineng.net/mtn-group-deploys-artificial-intelligence-driven-tech-for-marketing/. 
  9. ↑ Our Bureau. "Zain Partners with Flytxt to Enhance Customer Experience". Businesswire. http://www.businesswire.com/news/home/20170228005809/en/Zain-Partners-Flytxt-Enhance-Customer-Experience. 
  10. ↑ "Flytxt appoints Vinod V Vasudevan as the group CEO". Silicon India. 13 January 2009. http://www.siliconindia.com/shownews/Flytxt_appoints_Vinod_V_Vasudevan_as_the_group_CEO-nid-51045-cid-2.html. 
  11. ↑ M, Athira (2018-10-04). "Library movement by Technopark" (in en-IN). The Hindu. ISSN 0971-751X. https://www.thehindu.com/life-and-style/initiatives-by-technopark-to-set-up-libraries/article25121432.ece. 
  12. ↑ "Big data backup remains the biggest challenge for regional enterprises" (in en). https://www.thenational.ae/business/technology/big-data-backup-remains-the-biggest-challenge-for-regional-enterprises-1.766514. 
  13. ↑ "- Businesswire.com". 28 February 2017. http://www.businesswire.com/news/home/20170228005809/en/Zain-Partners-Flytxt-Enhance-Customer-Experience. 
  14. ↑ "Robo-X: Using Artificial Intelligence to redefine marketing sector". http://www.newindianexpress.com/cities/thiruvananthapuram/2018/jul/23/robo-x-uaing-artificial-intelligence-to-redefine-marketing-sector-1847113.html. 
  15. ↑ "Exclusive: AI firm Flytxt eyes 10 times organic growth in five years" (in en). https://www.thenational.ae/business/technology/exclusive-ai-firm-flytxt-eyes-10-times-organic-growth-in-five-years-1.761450. 
  16. ↑ "Flytxt launches new AI for marketing pros" (in en). https://www.commsmea.com/technology/17992-flytxt-launches-new-ai-for-marketing-pros. 
  17. ↑ "Top 10 promising technology startups chosen by Nasscom's Emerge - Top 10 promising technology startups". https://economictimes.indiatimes.com/slideshows/biz-entrepreneurship/top-10-promising-technology-startups-chosen-by-nasscoms-emerge/flytxt/slideshow/24691669.cms. 
  18. ↑ Ambre, Ashna (2015-06-30). "Flytxt raises $11 million from Sunrise Capital and others" (in en). https://www.livemint.com/Companies/3iA8E6SM0uVwpgv6hFfsRK/Flytxt-raises-11-million-from-Sunrise-Capital-and-others.html. 
  19. ↑ "Big data analytics company Flytxt gets Rs 70 crore for expansion". The Economic Times. 2015-06-30. https://economictimes.indiatimes.com/small-biz/startups/big-data-analytics-company-flytxt-gets-rs-70-crore-for-expansion/articleshow/47873701.cms. 
  20. ↑ Reporter, B. S. (2015-07-02). "Flytxt secures $11 mn funding". Business Standard India. https://www.business-standard.com/article/specials/flytxt-secures-11-mn-funding-115070201141_1.html. 
  21. ↑ Shankar, Shashwati (2017-04-26). "Customer data analytics startup Flytxt secures $11 million in Series A". The Economic Times. https://economictimes.indiatimes.com/small-biz/money/customer-data-analytics-startup-flytxt-secures-11-million-in-series-a/articleshow/58372549.cms. 




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