Los Angeles, CA-based Cleareye.ai acquired Aiware.ai an artificial intelligence-based fintech solutions provider based in the southern state of Kerala in India.
AIWare.ai offered its enterprise-based clientele quantum computing, distributed trust with blockchain and AI solutions. Cleareye.ai, on the other hand, provides AI-enabled services such as consumer experience sensing, insight generation from data, and bionic processes for applications in banking.
The Indian startup will be renamed Cleareye.ai India Pvt Ltd, and it will function as the dedicated product development and R&D division of the company. The company’s primary focus is on virtual assistants that provide financial advice, sentiment mining, fraud detection, and other banking-related functionalities.