MoneyWorks4Me

TVS Motor’s arm to invest $7 million in Scienaptic Systems

23 Jul 2019 Evaluate

TVS Motor Company’s wholly owned subsidiary -- TVS Motor (Singapore) has signed definitive agreements to invest $7 million in Scienaptic Systems Inc., a Delaware corporation. TVS Motor (Singapore) led this Series A funding in Scienaptic.

Scienaptic has combined latest big data technologies and proprietary machine learning and artificial intelligence algorithms on its decision platform, ‘Ether’. Solutions built on Ether enable enterprises to improve risk and credit assessment, monitor evolving fraud patterns, and improve customer journeys and experience. Scienaptic counts several marquee Fortune 100 enterprises as its clients.

TVS Motor Company is a leading two and three-wheeler manufacturer, and is the flagship company of the TVS Group.

Peers
Company Name CMP
Bajaj Auto 9650.00
TVS Motor Company 3860.00
Hero MotoCorp 4860.00
Eicher Motors 6790.00
OLA Electric Mobilit 34.50
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