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Light Information Systems today announced the receipt of Series A investment of $5.4 million led by Pavestone Ventures.
The funding comes at a time when there is an ever-increasing demand for cognitive process automation across industries. The funding received will be deployed in enhancing the company's AI platform “E42”, by boosting R&D to maintain the tech advantage, building their partner ecosystem, and engaging businesses globally.
The Pune-based company, founded in 2012 by Animesh Samuel and Sanjeev Menon, makes process-centric and people-centric automation easier across verticals by driving human-like cognition across these processes.
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