Funding
Ecommerce tech startup Point AI raises $5.3 million in round led by Yali Capital
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Point AI, formerly named Try ND Buy, an artificial intelligence (AI) services company for online commerce, has raised $5.3 million in a round led by Yali Capital, founder Nitin Vats told ET.
Lip-Bu Tan, CEO of Intel Corporation and chairman of Walden Catalyst and Tremis Capital, also participated in the round.
The company provides AI solutions to ecommerce marketplaces for both the backend and frontend of the website. For the sellers’ side, the services include image generation, video generation, and an AI assistant, among others. For the buyers’…
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