AI-based platform HaiVE.Tech has secured $1 million in a pre-seed funding round
Mohan K, the founder and CEO of IppoPay, has invested $1 million (about Rs. 8.3 crore) in the AI-based platform HaiVE.Tech. The Singapore-based business will use the new funding to hire people and grow its operations in Australia and India.
HaiVE.Tech is a firm that provides AI solutions for finance clients. It was established in 2023 by Deepika Loganathan and Aravinth Ramesh. The startup, which has its research and development (R&D) team in Tamil Nadu, intends to assist businesses in using AI while still granting full control and intellectual property rights over the knowledge and data produced.
"This investment will enable us to offer AI services while protecting our clients' personal information and intellectual property. In addition to allowing users to integrate their chosen tools, our AI solutions guarantee data privacy and control, according to Loganathan, co-founder and CEO of HaiVE.Tech. After receiving the financing, it also plans to diversify its clientele by offering its solutions to e-commerce businesses.
HaiVE.Tech is a firm that provides AI solutions for finance clients. It was established in 2023 by Deepika Loganathan and Aravinth Ramesh. The startup, which has its research and development (R&D) team in Tamil Nadu, intends to assist businesses in using AI while still granting full control and intellectual property rights over the knowledge and data produced.
"This investment will enable us to offer AI services while protecting our clients' personal information and intellectual property. In addition to allowing users to integrate their chosen tools, our AI solutions guarantee data privacy and control, according to Loganathan, co-founder and CEO of HaiVE.Tech. After receiving the financing, it also plans to diversify its clientele by offering its solutions to e-commerce businesses.
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