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Flytxt

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Flytxt
File:Flytxt Logo.png
Private
ISIN🆔
IndustryTelecommunications,[1] Artificial Intelligence, Marketing Automation Software, Advanced Analytics
Founded 📆2008[2]
Founder 👔
Headquarters 🏙️Netherlands
Area served 🗺️
Key people
Vinod Vasudevan, Group CEO
Prateek Kapadia, CTO
[3]
Products 📟 NEON-dX
Members
Number of employees
~400
🌐 Websitewww.flytxt.com
📇 Address
📞 telephone

Flytxt provides AI-driven customer engagement solutions[buzzword] to enterprises.[4] The company has its headquarters in Amsterdam, Netherlands with offices in the United Arab Emirates and India and along with regional presence in Germany, Mexico, Singapore, South Africa, Malaysia and Argentina.[5]

History[edit]

Flytxt founded in 2008 with its headquarters in Netherlands.[6] Flytxt provides AI driven customer engagement solutions[buzzword] to enterprises across the globe. The company’s client includes Vodafone, America Movil, Viettel, Airtel, Zain Group and others.[7][8]

Operations[edit]

Flytxt has operations in Europe, APAC, Middle East, Africa, South America.[9] Vinod Vasudevan joined Flytxt as chief executive officer in 2009.[10] In 2018, the company announced that it will be expanding its R&D at Technopark, Trivandrum.[11]

Products[edit]

Flytxt's enterprise-class software product NEON-dX, is an out-of-the-box, real-time decision-making and marketing automation product that allows large enterprises to drive personalized and contextual customer engagement across digital touch points using advanced analytics, marketing automation and artificial intelligence.[12][13][14][15][16]

Funding[edit]

In 2008, Flytxt raised seed funding which followed by an angel round in 2013 from IVC Venture Capital, Schnell Consult, Clifton Holding and RM Beteiligungsverwaltung.[17] In 2015, Flytxt received Series A venture investment of $11 million led by the venture capital firm Sunrise Capital, Big Data Investments and other investors.[18][19][20] In 2017, the company announced that it raised another $11 million in funding from DAH Beteiligungs for growth and expansion in other sectors.[21]

References[edit]

  1. "Archived copy". Archived from the original on 18 May 2015. Retrieved 11 May 2015. Unknown parameter |url-status= ignored (help)CS1 maint: Archived copy as title (link)
  2. "Flytxt B.V.: Private Company Information". Bloomberg.
  3. "Flytxt Leadership Team".
  4. "Zain Partners with Flytxt to Enhance Customer Experience". Business Wire. 2017-02-28. Retrieved 2018-12-22.
  5. www.ETTelecom.com. "Dutch firm Flytxt to invest Rs 250 cr in Kerala's Technopark - ET Telecom". ETTelecom.com. Retrieved 2018-12-22.
  6. Ambre, Ashna (2015-06-30). "Flytxt raises $11 million from Sunrise Capital and others". livemint.com. Retrieved 2018-12-22.
  7. Kurian, Vinson. "Telecom giant America Movil goes live with Flytxt tech platform". @businessline. Retrieved 2018-12-22.
  8. Ajanaku, Lucas (2018-08-07). "MTN Group deploys artificial intelligence-driven tech for marketing". The Nation Nigeria. Retrieved 2018-12-22.
  9. Our Bureau. "Zain Partners with Flytxt to Enhance Customer Experience". Businesswire.
  10. "Flytxt appoints Vinod V Vasudevan as the group CEO". Silicon India. 13 January 2009. Retrieved 13 April 2017.
  11. M, Athira (2018-10-04). "Library movement by Technopark". The Hindu. ISSN 0971-751X. Retrieved 2018-12-22.
  12. "Big data backup remains the biggest challenge for regional enterprises". The National. Retrieved 2018-12-22.
  13. "- Businesswire.com". 28 February 2017.
  14. "Robo-X: Using Artificial Intelligence to redefine marketing sector". The New Indian Express. Retrieved 2018-12-22.
  15. "Exclusive: AI firm Flytxt eyes 10 times organic growth in five years". The National. Retrieved 2018-12-22.
  16. "Flytxt launches new AI for marketing pros". Commsmea. Retrieved 2018-12-22.
  17. "Top 10 promising technology startups chosen by Nasscom's Emerge - Top 10 promising technology startups". The Economic Times. Retrieved 2018-12-22.
  18. Ambre, Ashna (2015-06-30). "Flytxt raises $11 million from Sunrise Capital and others". livemint.com. Retrieved 2018-12-22.
  19. "Big data analytics company Flytxt gets Rs 70 crore for expansion". The Economic Times. 2015-06-30. Retrieved 2018-12-22.
  20. Reporter, B. S. (2015-07-02). "Flytxt secures $11 mn funding". Business Standard India. Retrieved 2018-12-22.
  21. Shankar, Shashwati (2017-04-26). "Customer data analytics startup Flytxt secures $11 million in Series A". The Economic Times. Retrieved 2018-12-22.


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