Skedool.it, a Bangalore based Startup which specializes in the domain of artificial intelligence, has raised undisclosed seed funding in the round led by Kludein and from investors Phani Sama, founder of redBus, Narayan Ramachandran, former country head of Morgan Stanley India and Pranav Pai, investing on behalf of Mohandas Pai.
The money will be used to scale product development and operations. Alex the smart assistant-can be used to automate repetitive everyday tasks for business executives, sales and recruiting professionals.
“Business professionals spend an inordinate amount of time on low value scheduling activities. We developed Skedool’s assistant as a blend of artificial and human intelligence that quickly and accurately handles all your B2B scheduling and calendar management needs for less than 5% of the cost of a full time executive assistant,” said Deepti Yenireddy, CEO of Skedool.it.
Skedool.it uses natural language processing, a method that facilitates human-computer interaction, and machine learning, wherein a machine self learns through previous data; supervised by humans to enable customers to communicate with the service via email. The offering is currently available for Gmail and Outlook365 and integrates with leading Customer relationship management (CRM), marketing and recruiting tools.