Enterprisetech Aarav Solutions acquires Froot Research

• ByStartupStory     |    October 1, 2022

For USD 4 million, Aarav Solutions, a leading provider of product engineering and IT consulting services, announced the acquisition of Froot Research, a company that develops cutting-edge artificial intelligence platforms for use in its cutting-edge algorithms and products.

With the acquisition, Aarav’s Solutions will be able to build platforms and products that are suited for the future and broaden its entrance into the field of artificial intelligence.

The whole Froot Research team has joined Aarav Solutions as part of the acquisition, and over the coming years, the company will make the required expenditures to strengthen its AI R&D team in addition to establishing strong sales, marketing, design, and operations teams.

In order to adapt to the shifting enterprise technology landscape, Aarav Solutions and the Froot Research team will enhance the platform with an exceptional experience through world-class deep research-based real intelligent algorithms, model architectures, self-serve features, automation platforms, and products with human-like capabilities. Froot Research will operate under its own name after this acquisition, becoming a sibling company of Aarav Solutions.

With the acquisition of this research-focused AI product firm, Aarav Solutions joins the ranks of the most creative System Integrators. This is a part of Aarav Solutions’ ongoing commitment to providing current and potential clients and customers with more options for products and services as it broadens its worldwide footprint across industries and regions. The conceptual underpinnings of Froot Research are drawn from a variety of fields, including psychology, neuroscience, and statistics. These ideas are integrated with the novel problem-solving approach used by Froot Research to provide the world with cutting-edge, understandable intelligence models that are currently undergoing patent.

Aarav Solutions will be able to access some deep research-based work done by independent researchers drawn from IITs, NITs, MIT, and other institutes on broader AI applications as well as some of the proof of concepts/pilots done on IP Intelligence, automobile-machine intelligence, logistics, and building on the joint work done for a top global credit bureau thanks to the acquisition of Froot Research.

Raj Darji, the founder of Aarav Solutions, stated in a statement regarding the acquisition, “We are happy to welcome Amit Gautam and Froot Research to the Aarav Solutions family. We will continue to empower businesses with next-generation technology, and their team of skilled people and creative approach will be a huge benefit. Investment in core and emerging technologies is a clear strategy for us as we develop a futuristic portfolio of goods and services. Enterprise digital transformation is a serious business. We will be able to align with our long-term vision and plan thanks to the robust and reliable research-based Core AI platform that Froot Research has developed. Froot Research carries with it knowledge and technical proficiency that go beyond AI. It is a remarkable, cutting-edge future intelligence.

“This is a terrific opportunity for us to join Aarav Solutions and leverage our data science and artificial intelligence capabilities to help organisations go further,” stated Mr Amit Gautam, the inventor and founder of Froot Research. Aarav Solutions will be able to strengthen its position in the intelligence industry by expanding its research capabilities and enterprise branding thanks to the purchase. Additionally, it will give Froot Research access to Aarav Solutions’ domain knowledge and expertise in next-generation technologies and processes.

The two businesses have teamed up to create a special collaboration that will aid in the future planning of businesses. The extensive research-based AI experience of Froot and Aarav Solutions, as well as their shared expertise in digital transformation, machine learning and deep learning, neural networks, and other essential technologies, will create a powerful relationship that will help both companies grow and expand. This, along with a solid customer base, a strategic focus, potential for future synergy, and current tools, techniques, and procedures, can further strengthen this business.

Businesses will be able to advance their pursuit of better data-driven decisions thanks to Froot’s cutting-edge products and Aarav Solutions’ expertise in digital transformation as the new company will be able to provide end-to-end solutions to its clients, assisting them in staying ahead of the curve. Aarav Solutions has a long history of assisting companies in their journeys toward digital transformation. This is a tactical move made by Aarav Solutions that will aid the business in further solidifying its position as a dominant force on the international market.

Follow Startup Story