Ronnie Screwvala’s Unilazer invests in artificial intelligence start-up Niki

Unilazer Ventures Limited, a Mumbai-based private equity firm promoted by Ronnie Screwvala, has made a seed round funding in Niki.ai, an artificial intelligence (AI) startup, with a commitment of up to Rs 5 crore. The funding will be majorly used for product development and expanding service offerings.Niki.ai, founded in April this year by four IIT-Kharagpur alumni Sachin Jaiswal, Keshav Prawasi, Nitin Babel and Shishir Modi, currently has a 16-member team comprising developers, designers and growth hackers. It is building a product Niki, a bot built to let users order anything through a simple chat interface.In stealth mode for the last seven months, Niki.ai was focused on building the product and was working closely with a limited set of beta users. Niki supports end-to-end bookings for Ola and Uber cabs, and…


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