Light Information Systems
Multifunctional Cognitive Agent | NLPBots.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
* | $5.4m | Series A | |
| Total Funding | 000k | ||
Light Information Systems, a Pune-based company founded in 2012 by Animesh Samuel and Sanjeev Menon, operates at the forefront of cognitive process automation. The firm was established with the vision of transforming man-machine interactions through artificial intelligence and natural language processing. Animesh Samuel, the CEO, brings a background in Mechanical Engineering and extensive experience in corporate training and consulting with major tech companies. The company directs its efforts towards research and development of algorithms for the semantic understanding of text and images.
The company's core offering is a no-code AI platform as a service, formerly known as NLPBots and rebranded to E42 in 2021. This platform enables enterprises to build and deploy multifunctional cognitive agents, or 'AI Co-workers', designed to automate complex, people-centric, and process-intensive functions without requiring AI expertise. These AI agents are capable of handling unstructured data, engaging in free-flowing conversations, and can be deployed across various channels. The business model centers on providing these AI solutions to automate a significant portion of first-level queries in areas like HR and customer service, thereby reducing process times and enhancing engagement. Revenue is generated through custom product implementations for enterprise clients, with various engagement models depending on the business area.
Light Information Systems serves a diverse client base across sectors such as BFSI, telecom, logistics, retail, manufacturing, e-commerce, and government. Its technology is designed for system integrators, IT-enabled services, and product teams. In October 2021, the company secured $5.4 million in a Series A funding round led by Pavestone Capital. This capital was earmarked for boosting research and development, building out its partner ecosystem, and expanding its global business engagement. The company's rebranding from NLPBots to E42 was a strategic move to better represent the platform's broad capabilities beyond conversational AI, highlighting its capacity for comprehensive cognitive process automation.
Keywords: Light Information Systems, E42, nlpbots, Animesh Samuel, Sanjeev Menon, cognitive process automation, no-code AI platform, natural language processing, AI co-workers, enterprise automation, customer engagement, AI algorithms, BFSI, telecom automation, logistics AI, Series A funding, Pavestone Capital, Pune startup, enterprise AI solutions, man-machine interaction, semantic understanding, process-centric automation, AI platform as a service