NEC Corporation, a leader in IT and network technologies; NEC X, the innovation accelerator for NEC’s emerging technologies; and Alchemist Accelerator, a venture-backed initiative focused on accelerating the development of early-stage ventures, announced that eCommerceInsights.ai is the second AI startup to successfully complete both the NEC X CAP and Alchemist Accelerator programs and graduates today during Alchemist’s 29th Demo Day.
NEC X provides its Corporate Accelerator Program (CAP) together with its strategic partner, AlchemistX, Alchemist’s corporate innovation accelerator, to speed the development of early-stage startups based on NEC’s technologies. Furthering this partnership, NEC became a Limited Partner of the Alchemist Fund III in Q4 2021. This deeper level of engagement will generate more synergy effects for both parties–Alchemist will be able to source promising startups from an early phase for their growth and NEC X will leverage Alchemist’s resources and network from sourcing startups to help them grow faster and larger.
“NEC X partnered with Alchemist in 2021 to jointly support startups and help them grow, such as in the case of eCommerceInsights.ai,” said Shige Ihara, CEO of NEC X. “We are very proud and excited today to see eCommerceInsights.ai spin out of NEC X and graduate from the Alchemist program. Additionally, with two graduates that have successfully gone through both the NEC X CAP and Alchemist Accelerator program, we have taken the next step with Alchemist to deepen our engagement as a Limited Partner. We look forward to the future as we continue to jointly help startups accelerate their success.”
“The gifted entrepreneurs at eCommerceInsights.ai have exceeded our expectations again and again,” said Rachel Chalmers, Managing Director, AlchemistX. “Their software gives brands unprecedented power to monitor and analyze their customers’ opinions, and we believe it will create a new category. We are honored to collaborate with NEC X on the CAP and delighted to welcome exceptional spinouts like eCommerceInsights.ai to the Alchemist portfolio.”
Starting with AI technology from NEC Laboratories America, eCommerceInsights.ai went through the NEC X CAP within a short and intense one year timeframe from concept to spinout. It offers an AI-based insights-as-a-service (IaaS) platform that helps brands improve their products and customer experience, innovate faster and ultimately sell more. Its deep learning-based natural language processing AI helps brands understand what reviewers are saying about their products and the competition by aggregating, analyzing and visualizing review data. Its software then identifies and predicts ways to improve ratings and therefore increase sales across the eCommerce landscape including Amazon, Walmart, D2C and more.
eCommerceInsights.ai CEO and Co-founder, Sanjay Arora, said, “Inspired by technology from NEC, we have developed our own AI technology that provides companies with a unified voice from their customers across all channels. We are starting with reviews and moving towards chatbot data, call center transcripts, support tickets and more. Our vision is to establish an industry-wide metric that brands use to improve product quality.”
eCommerceInsights.ai is excited to close its upcoming seed round and is looking to scale and grow. Additional information about eCommerceInsights.ai can be found at: https://ecommerceinsights.ai/.
Those interested in participating or learning more about the NEC X CAP as entrepreneurs, partners or investors can visit https://nec-x.com or email email@example.com to
Blockchain-powered supply chain management platform, Morpheus.Network, has launched an updated platform, forged an Agribusiness agreement with the Argentinian government, and was a winner in the 2021 “Future of Ports” competition.
Burlington, ON, 22nd April 2021, ZEXPRWIRE — Morpheus.Network is one of the world’s leading supply chain ecosystems and is changing the face of the global trade industry in 2021. The company has just launched its updated enterprise-grade, next-generation supply platform, agreed to a global Agribusiness project with SENASA and was one of the 5 winners of this year’s prestigious Gulftainer “Future of Ports” competition.
What is Morpheus.Network?
Morpheus.Network is a supply chain ecosystem with the ability to extend itself on top of existing industry technologies through its blockchain technology. The Morpheus.Network platform exists on the cloud in between blockchain and IoT, with the potential to be integrated with different technologies and devices in one single format.
The Morpheus ecosystem is uniquely able to streamline the supply chain process of thousands of companies and has tremendous potential to revolutionize various processes used by leaders in multiple industries, such as trade and logistics.
Evolving Industry With The Argentine Government
In November 2020 Argentina became a global technology leader in the Agribusiness Industry with the help of established national software provider Polaris Network. Polaris believes that Morpheus.Network blockchain technology-backed software is perfect to meet the new regulations put out by National Food Safety and Quality Service, SENASA.
The Morpheus.Network platform provides enterprise-grade, flexible solutions to support and onboard Agribusiness clients in Argentina. The supply chain ecosystem will provide the perfect network to grow Argentina’s Agribusiness sector and establish itself as a leader in a market worth $60 billion.
With Polaris & Morpheus.Network already working on one project with SENASA, the two companies are now looking to implement blockchain and IoT technology to leverage the Morpheus.Network solution for animal management and certification. The Agribusiness sector involves thousands of companies and with these two upcoming projects Morpheus.Network could prove instrumental in helping the Argentine government become a global technology leader.
“Future Of Ports” Winner
This year Morpheus.Network has been selected as one of the 5 winners from the finalists of the “Future of Ports” competition, from a total of 10 finalists from 2,000 start-ups across 6 continents and over 200 cities.
The competition identified the most promising, cutting-edge startups with the potential to disrupt the ports and logistics sector. The goal was to identify strategic long-term partners to co-develop solutions with Gulftainer, the world’s leading private port management company, and OneValley, a global accelerator based in Silicon Valley.
Enter Morpheus Black
The new “Morpheus Black” platform is the culmination of continued development and enterprise-grade implementations by Morpheus.Network in collaboration with its growing industry partnerships. The Morpheus Black platform offers a significant upgrade in capabilities and showcases the company’s strong progress towards expanding its use case, its token utility and global adoption.
Tireless work by the Morpheus development team in unison with its technology and business partners has resulted in a slew of game-changing functionalities to the company’s software, including but not limited to:
- Document Handling System: Immutable documentation of production, processing, and all subsequent handling stages in digital format.
- Digital ID: Full vendor transparency within their supply chain. Products equipped with unique digital identifiers at the production level using multiple types of scanning technology
- Fraud Prevention Protocol: Morpheus.Network Joined the “Co-Innovated with SAP” program to certify its Fraud Prevention Protocol (FPP) running SAP infrastructure.
- Big Data Analytics: Housing all supply chain-related datasets into one format to create a holistic monitoring interface for supply chain performance and deploy efficient algorithms for optimization.
The updated platform will serve as a launchpad for Morpheus.Network, as the growing supply chain leader plans to see its blockchain technology become further integrated into multiple industries throughout 2021 and beyond.
Following recent achievements Morpheus.Network is continuing on its current trajectory towards mainstream adoption. The blockchain-powered supply chain enterprise will forge more partnerships throughout the year and also announce new paying clients.
Hiring across functions such as product, technology, business, and operations.
- (1888PressRelease) March 26, 2021 – Credgenics, Indias first of its kind debt resolution, legal automation and an end-to-end, SaaS-based platform, today announced to increase its headcount by 100 skilled professionals. Credgenics intend to take the headcount to over 200 by the second financial quarter of this year. The new hires will be at entry (at the operational level) and mid-level and will be in areas such as product development, technology, legal, and operations. With the fresh hiring, across domains the team sizes are expected to grow, for instance the technology and legal teams of Credgenics will grow more than twice the size of their current strength. The fresh hiring will meet the growing demand of the client-base to provide seamless service delivery and build the end-to-end customized debt recovery solution that requires product augmentation, enhancements, scalable features, etc.
Credgenics works with diverse clients across the financial services, and is already catering to over Rs.580 crores of loan book. During the pandemic, Credgenics has signed Indias two leading and largest banks, ICICI bank and HDFC Bank. With Credgenics, the average time and cost of collections rates reduced from 68 days to 42 days and 22% to 14%, respectively. The collected amount increased from 74 to 83%. The present client size of Credgenics includes 06 large Indian banks and more than 34 NBFCs.
In his comments, Mr. Risahbh Goel, CEO and Co-Founder, Credgenics, said, There has been a consistent growth in our client base and an increase in demand for our full-stack technological and service offering for debt resolution and management. We are looking for experienced professionals across functions and industries for seamless service delivery to our clients, while by no means compensating on our ethics.
In his comments, Mr. Mayank Khera, COO and Co-Founder, Credgenics, said, Debt collection by far is the most debated topic in the banking sector, but it is important to collect debts for financial robustness. It is even more important to collect debts, and retain customer. While the economic status of India is constantly elevating, it is important to free the markets of debts so that a healthy competition prevails and encourages MNCs to rapidly spend in the Indian market. We are working towards building and strengthening our legal team which will add value to our clients and will ensure successful business.
In the case of debt collection, information is the most powerful arsenal. Big Data Analytics helps acquire the most pertinent information by giving access to data that helps personalize debt collection. This is a powerful combination that was not available just a couple of years ago. We are looking at on-boarding tech leads, data scientists, and senior software engineers, etc., who will strengthen our technology arm and provide customized services to our clients, added, Mr. Anand Agrawal, CTO and Co-Founder, Credgenics.
Co-Founded in 2018 by IIT-Delhi Alumni and eminent lawyers Rishabh Goel, Anand Agrawal, and Mayank Khera, Credgenics, is India’s only technology enabled platform for resolution of non-performing assets in the larger BFSI and fintech lending space. The automation-first, analytics focused platform is robust, highly efficient, transparent, and cost-effective. Its intelligent system and case tracking tools manage and track loans from the very instance of the default till the final resolution stage. Credgencis also reduces human efforts in areas like digital communication, drafting, tracking of notices sent via speed post, and tracking of legal cases filed in court in an automated manner with relevant reminders implemented. NBFCs, Banks, ARCs, and fintech lending start-ups, can thus improve their collection efficiency using technology, automation intelligence, and optimal legal routes. Credgenics currently works with 2200+ lawyers and collection partners.
NFT gamification startup Ether Cards is launching on March 18, 2021
Ether Cards’ main sale will be commencing, providing the general public an opportunity to buy into the future of NFT gamification and value generation at 9AM EST, on March 18.
This date marks the start of a long and exciting journey, initiating with the release of 10,000 exclusive NFTs that make up the Ether Cards limited-edition collection.
Approximately 17% of the cards were sold in presale raising $3.7 million in ETH. The remaining cards will be available over the next three weeks, or until sold out. Prices start at 0.3 for Common cards increasing all the way to the top of the price bracket for OG cards, valued up to 55 ETH.
The cards will offer two primary benefits: First, they will feature art from a range of emerging and renown artists alike, including Ethereum founding member Anthony D’Onofrio and a range of creatives who have previously worked with many giants of the entertainment world such as Sony Studios, Marvel, and Netflix. Their craft will be available both as individual, standalone artworks and combined in layers through the innovative use of ‘Accidental Art’. Second, they’ll be equipped with Traits, special abilities and advantages that each card will bring to their owner.
These Traits range in rarity and entitlements, from basic Traits granting discounts when hosting a certain event, to super rare ones which entitle their holder to access a bountiful treasury. These limited-edition cards also never expire and will only ever be available during this sale event.
You’ll be able to put the cards and their Traits to use on the Ether Cards platform, which will offer the most advanced gamification offering available on the NFT market, as well as plans to integrate with most major marketplaces such as OpenSeas, Nifty Gateway and Mintbase.
The Ether Cards Platform
The Ether Cards platform will be a set of tools for artists and marketplaces to make their NFTs more engaging and valued. It will enable them to set up ticketing, puzzles, and other single or multiplayer interactions.
Users will be able to engage with their favourite artists and other creators to win NFTs or other valuable prizes. They will participate by collecting tickets and gathering collectables through blind bag purchases to complete puzzles or other challenges.
Tickets, Puzzles and similar events are just the beginning of the exciting revolution Ether Cards wants to bring to the sector. They have another half a dozen new interactive features in the queue waiting to be released. Ether Cards will keep improving and innovating to bring more applications and engagement throughout the wider NFT ecosystem.
The Ether Cards Token
The technology underpinning Ether Cards tokens, in partnership with Chainlink’s VRF will allow projects to use NFTs both as membership cards and as authentication tokens. Ether Cards-enabled NFTs will also be abilitated to hold keys to application features manage subscriptions and collect commissions (yield farming-style).
Ether Cards are not only rare digital collectibles but they also carry real, practical utility and value. The Ether Cards Tokens can be integrated with several decentralized services.
- Serve as a membership card
- Grant access to features
- Give you privileges and priority access
- Provide access to community airdrops
- Collect commissions for you
Whether it’s working with Chainlink’s VRF to ensure our scarcity and trait distribution are fair and decentralized, or striking a promotional partnership with Brave browser, Ether Cards is keen to be where the future of blockchain is heading.
Cards will be on sale from 9AM on launch day on Thursday, 18th of March and will be priced accordingly to an incremental curve which is publicly available on our Sale Details page. OG Cards will range 30-55 ETH, Alpha cards will go for between 5 and 25 EH, and Commons will be accessible starting from 0.3 ETH all the way to 5 ETH as they get more and more scarce.