Enterprise automation startup JIFFY.ai announced today it has raised $18 million in Series A funding for product development and expansion into new markets around the world.
Executives from tech companies also invested, including Tony Thomas, CET alumnus and former CIO, Nissan Motors and from companies like AssetMarket, Costco, Atlassian and SunGard Wealth and Retirement.
JIFFY.ai, the brand name of Paanini, uses robotic process automation (RPA) and machine learning and artificial intelligence to help companies automate tasks that are usually performed manually, making operations more time and cost efficient.
Shri. Babu Sivadasan is the Co-founder and CEO of Paanini and JIFFY.ai. He belongs to 1993, Computer Science batch of CET and was also the former president of Envestnet Retirement Solutions.
Hearty congratulations on this wonderful achievement!!!