Walmart Labs India, the product development division of US retail giant Walmart, on Thursday announced that it has acqui-hired artificial intelligence (AI) and data analytics startup Int.ai, marking its second such transaction in the country in three months.
In September, Walmart made its first acquisition in the country by acqui-hiring Bengaluru-based Appsfly, a startup that develops micro apps to be hosted and streamed into any platform. The deal saw Walmart merging Appsfly’s six-member team into its customer experience engineering group.
Founded by Praneeth Babu Doguparthy and Vinay NP in 2016, Int.ai analyses data and shares it with targeted users over email as well as collaborative tools like Slack, among others.
As part of the deal, three engineers — including co-founders Vinay NP and Doguparthy — from Int.ai will join Walmart Labs India. They will be a part of the health and wellness portfolio under customer technology at Walmart Labs, the company said in a statement.
“We are glad to welcome the Int.ai team to the big Walmart Labs family and believe that their expertise will be a great addition to our data analytics capabilities. We look forward to building awesome customer experiences with this team by creating opportunities and bringing value to our customers around the globe,” said Hari Vasudev, country head and vice-president – technology, Walmart Labs India.
Int.ai started with a mission to build an AI-powered personal data analyst for every business executive. In the process, it developed expertise in blending machine learning with data analytics to uncover insights that significantly impact business metrics.
“After working for almost 3 years on it, we are very happy to let you know that our entire team will be joining Walmart Labs, India. We will continue to apply what we have learnt in order to help optimize the shopping experience for millions of customers. It excites us to get our hands on data at Walmart scale,” Int.ai said on its website.