Appiness Acquires San Francisco-based AI Specialist iLumaLab
Appiness Interactive Private Limited, a strategic business consulting company based in Bengaluru that focuses on addressing intricate business problems using advanced digital and technological solutions, has revealed its purchase of iLumaLab, a specialized AI services firm from San Francisco established by AI expert Patrik Šlachta.
This purchase represents an essential enhancement to Appiness' AI Centre of Excellence Program (AI-CoE) and constitutes a significant milestone in the company's international growth plan, bolstering its presence across North America.
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The Appiness AI-CoE Program is dedicated to promoting practical artificial intelligence implementation through research, development, and tangible enterprise integration, connecting strategic planning, technological advancement, and human understanding to generate quantifiable business results.
Appiness selected iLumaLab due to its innovative methodology for developing tailored AI solutions that combine process automation, intelligent data analysis, and user-focused design principles. This purchase introduces novel innovation and experimental potential that complements Appyverse, the dynamic AI platform developed by Appiness that aims to revolutionize organizational AI implementation and user experience.
"Patrik and I first met in San Francisco through the Draper Ecosystem; what began as a shared curiosity for innovation soon grew into a genuine partnership," said Visakh Viswambharan, Founder & CEO, Appiness.
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"This acquisition is a natural progression of our expansion plans - both in terms of geographies and technology".
"iLumaLab's philosophy and capabilities fit seamlessly into our mission of helping organisations grow through intelligent innovation. We look forward to onboarding more innovators and tech capabilities to the AI-CoE program and scaling up Appyverse further", added Visakh.
Šlachta, a rising pioneer in artificial intelligence technology, has been extensively engaged in creating cutting-edge AI frameworks and applications through iLumaLab. After the acquisition is completed, iLumaLab's personnel will join Appiness, supporting the expansion of its US business and the ongoing development of Appyverse, the organization's fast-growing artificial intelligence platform.
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"Appiness is an inspiring company that has consistently delivered remarkable work for over a decade. Visakh and his team have built a culture that celebrates creativity, curiosity, and bold thinking. The vision behind Appyverse and the AI Excellence Program aligns closely with what we set out to achieve at iLumaLab, making this partnership a natural evolution," said Patrik Šlachta, Founder, iLumaLab. "I'm excited to contribute to scaling Appyverse, advancing the AI Excellence Program, and building new products for global markets."
The acquisition marks a pivotal moment in Appiness' global journey. With deeper roots in North America and continued innovation driven from India, the company is poised to accelerate the next phase of Appyverse's evolution.