Haptik raises funds from Times Internet

Mumbai: Haptik, maker of the mobile app — Haptik — a chat-based personal assistant service, has announced its partnership with Times Internet for a Series B fund-raise and strategic alliance. The funds will be used for product development, improving artificial intelligence capabilities and business operations. Through this partnership, Haptik will leverage Times Internet’s reach of over 150 million users to offer its service to a wider audience.
Haptik is a mobile first application that enables users to get daily tasks done by chatting with assistants.The most popular requests that Haptik fulfills include online shopping, travel bookings, food delivery, restaurant reservations and best mobile plan recharges among others.
“Haptik is a magical experience for consumers, and it’s part of a growing global trend towards chat-based commerce. They have great affinity amongst their current users, and we hope to help them continue to innovate on the service, while expanding their userbase,” said Gautam Sinha, CEO of Times Internet, India’s largest digital company.