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Ampivo AI acquires 51% stake in Commerce Forever

EntrackrEntrackr ยท 10m ago
Ampivo AI acquires 51% stake in Commerce Forever
Medial

Ampivo AI acquires 51% stake in Commerce Forever Ampivo AI, a multi-modal AI solutions provider, has acquired a majority stake (51%) in Commerce Forever Solutions. This move aims to grow and strengthen Ampivo AIโ€™s role in the e-commerce space by using its AI technology for real-world B2B applications. Commerce Forever closed the financial year 2024-25 with net sales of Rs. 115 crore. According to Ampivo AI, it will be deploying advanced predictive AI technology in Commerce Forever to enable long-term cost optimization. This move allows it to step into an untapped segment of B2B commerce with the help of Commerce Foreverโ€™s established operational infrastructure in the Indian Market. While the leadership role and day-to-day activities remain the same, the focus of the integration will be embedding AI across key business processes, with clearly defined KPIs centred around enhancing cost efficiency. As a part of this stock-based acquisition, Commerce Forever will retain its existing brand identity while integrating into the larger Ampivo Ecosystem. Ampivo AI states that this acquisition opens up new opportunities for it to showcase how its technology can bring about operational efficiency and cost savings across the B2B e-commerce value chain. Commerce Forever provides a background in back-end e-commerce operations, and Ampivo AI provides the technology to automate, forecast, and optimize those operations. The two businesses view this collaboration as a platform for scalable innovation within the e-commerce space. Ampivo is a multi-modal AI solutions provider specializing in conversational AI and predictive insights. The company enables B2B clients to scale efficiently by streamlining and optimizing business processes through intelligent automation. It caters to clients in the healthcare and e-commerce sectors and is now expanding its footprint into the finance industry, leveraging its expertise to drive innovation and efficiency across new verticals.

Razorpay and NPCI bring agentic payments to Claude at India AI Impact Summit

EntrackrEntrackr ยท 4d ago
Razorpay and NPCI bring agentic payments to Claude at India AI Impact Summit
Medial

Razorpay and NPCI bring agentic payments to Claude at India AI Impact Summit The offering allows users to order food, groceries, and everyday essentials from Zomato, Swiggy, and Zepto without leaving the conversation. Razorpay and the National Payments Corporation of India (NPCI) have collaborated to enable shopping with AI by bringing Agentic Payments to Claude. Unveiled at the India AI Impact Summit, the platform is currently in the pilot phase with a small group of users. AI assistants are increasingly shaping how people discover and compare products. This platform, built on Claude, integrates a critical element, payments, directly into the agentic experience, enabling Claude to securely complete transactions on a userโ€™s behalf. As a result, payments happen seamlessly within the conversation. A demonstration of the offering was showcased at the India AI Impact Summit. The partnership brings together Razorpayโ€™s Agentic Payments, NPCIโ€™s UPI infrastructure, and Claudeโ€™s conversational intelligence to unlock a new model of AI native commerce. Backed by UPI Reserve Pay, users can approve a single spending limit for a merchant and then make multiple secure purchases without repeated PIN prompts, while retaining full control through real-time visibility, flexible limits, and instant consent revocation. For example, a user can go to Claude and order food from Zomato by simply saying, โ€œI am craving a mid-evening samosa and chai. Can you order this for me and my team from my favourite restaurant near my office?โ€ The AI agent checks the available options on Zomato, presents them to the user, and, with a single confirmation, places the order through Razorpayโ€™s UPI powered Agentic Payments on Reserve Pay. Combined with Indiaโ€™s high-frequency digital habits, especially in food and grocery, this creates an ideal environment for agent-led commerce to scale quickly and responsibly. Together, these factors position India as one of the few global markets where AI, payments, and consumer trust are aligned at population scale, enabling agentic commerce to become a reality.

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