Almonds Ai Secures Rs 16 Cr from Haldiram's Promoters, JIIF

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Almonds Ai Secures Rs 16 Cr from Haldiram's Promoters, JIIF

Almonds Ai, an AI-driven engagement solutions provider, has successfully raised Rs 16 crore in a funding round led by Haldiram's and Jito Incubation and Innovation Foundation (JIIF). This funding will support research and development initiatives, team expansion, and enhancement of product offerings. Founded in 2020, Almonds Ai utilizes AI technology to revolutionize brand engagement with distribution networks, focusing on driving engagement and rewards for various stakeholders.

The investment reflects Haldiram's commitment to impactful ideas, with the company's Chairman highlighting the potential of Almonds Ai's innovative approach. The startup's flagship programs, Channelverse and Green Loyalty, aim to set new standards in AI-driven loyalty management. This funding is a significant milestone for Almonds Ai, enabling it to scale operations and foster long-term relationships with channel partners.

• Almonds Ai raised Rs 16 crore for AI-driven engagement solutions.

• Funding will enhance R&D and expand team capabilities.

Key AI Terms Mentioned in this Article

AI-driven engagement solutions

These solutions leverage AI technology to enhance interactions between brands and their distribution networks.

Channel partner engagement

This concept focuses on improving relationships and interactions with various stakeholders in the distribution network.

Loyalty management

This refers to strategies and programs designed to foster customer loyalty through rewards and engagement, enhanced by AI.

Companies Mentioned in this Article

Almonds Ai

Almonds Ai specializes in AI-driven solutions that transform brand engagement with distribution networks.

Haldiram's

Haldiram's invests in innovative ideas like Almonds Ai to enhance customer experiences through technology.

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