Internet giant Google has acquired Halli Labs, a four-month-old artificial intelligence (AI) and machine learning (ML) start-up that was looking to build solutions for the Indian masses for an undisclosed amount.
A spokesperson from Google said, "We are excited that the Halli Labs team is joining Google. They'll be joining our team that is focused on building products that are designed for the next billion users coming online, particularly in India."
The company in a blog, said, "Halli Labs was founded with the goal of applying modern AI and ML (Machine Learning) techniques to old problems and domains in order to help technology enable people to do whatever it is that they want to do, easier and better. Well, what better place than Google to help us achieve this goal."
Caesar Sengupta, Vice-President, Product Management, Google, tweeted, "Welcome @Pankaj and the team at @halli_labs to Google. Looking forward to building some cool stuff together."
India has emerged as one of the biggest markets for internet companies such as Google, Facebook and Apple for talent as well as business. The increasing number of start-ups, built by former employees of these and other multinational firms, has helped focus on building products that solve problems of consumers, both in India and abroad.