BRAIIN Holdings Enters India, Announces $100 Million Investment Plan

Posted under: AI technologies
Date: 2023-11-27
BRAIIN Holdings Enters India, Announces $100 Million Investment Plan

New York-based BRAIIN Holdings is venturing into the Indian market, acquiring CXaaS firm Exato.ai as a strategic base for its operations. The undisclosed deal enhances BRAIIN's presence in the customer and employee experience-as-a-service sector. BRAIIN plans a $100 million investment over eight months for expansion in India, seeing substantial potential in the Asia Pacific region. The firm aims for acquisitions in agriculture, telecommunications, and services sectors, capitalizing on the country's growth. It collaborates with the Indian government to introduce advanced technologies in agriculture and explores opportunities in tea and rubber plantations. BRAIIN uses AI, ML, IoT, and robotics to assist farmers in precision agriculture, addressing water, disease, and fertilizer issues. Recent acquisitions have increased BRAIIN's market capitalization from $215 million to $572 million in six months.