Airtel has recently acquired AuthMe ID Services, which is an artificial intelligence service provider. The core team of AuthMe is expected to join Airtel and be part of the Airtel X Labs in Bengaluru. However, the scale as well as the size of the team remains undisclosed.
Airtel X has basically been setup for the purpose of driving innovation in the areas of AI, Internet of Things, Augmented Reality and also Virtual Reality.
With this partnership, Airtel will be able to serve its customers with the new digital products. Airtel has acquired the following two flagship solutions of AuthMe:
- Callup AI: Chat and voice assistant
- Fintech Optical Character Recognition: Processing the KYC documents.