The Global Internet firm Google is all set to acquired India’s 4-month-old Bangalore-based firm Halli Labs for an undisclosed sum. The American technology giant Gooogle has finally made its first investment in India by taking over Halli Labs that is the fourth-month-old artificial intelligence and machine learning startup which is looking forward to making solutions for the Indians. Halli labs established on 22 May 2017. In the post-Halli labs depict that it is born with the vision of applying modern machine learning ML techniques to the old issues and domains. A Caesar Sengupta who is the product management VP at Google took a charge to announce on his Twitter that Google has acquired Halli Labs and wrote “Welcome Pankaj and the team at halli_labs to Google. Looking forward to building some cool stuff together”.
While visiting the website of Halli labs you will get a line that “We are excited to share that the Halli Labs team is joining Google!”. Halli Labs is a firm which focused on building products that are designed for the next billion online users of India. This investment of Google in India’s newly born firm shows that India has emerged as one of the biggest markets for the internet companies like Google, Facebook and Apple along with the news talents as well as businesses. The Startup India scheme of the government enhances the business in India. The increasing number of start-ups that built by former employees of the multinational companies are focusing on building products that solve problems for consumers both in India as well as globally. Nowadays a huge number of startup has found a new ground in deep learning, computer vision, networks, the internet, language processing and more.
Welcome @Pankaj and the team at @halli_labs to Google. Looking forward to building some cool stuff together. https://t.co/wiBP1aQxE9
— Caesar Sengupta (@caesars) July 12, 2017