An AI based stock which deals in proprietary consumer intelligence platforms and transforms advertisements into recommendations to assist marketers identify, engage, and acquire effectively, was up by 8 percent after the company’s patent was granted on Intelligent Conversational Agents.

The shares of Affle (India) Limited were up by 8 percent in the day’s trade touching a day’s high of Rs. 1,654.80 per share. The stock reiterated from the day’s high and was trading at Rs. 1,632.50 which is 7.87 percent higher than the previous closing price of Rs. 1,513.35. With a market capitalization of Rs. 22,420.02 Crores, the Affle (India) Limited has a significant place in AI market.
Affle (India) has been granted a patent in the area of a System for switching and handover between one or more intelligent conversational agents. The intelligently of the patent decides which system or agent is better suited to handle tasks assigned. These are specific and based on multiple factors such as the intent or complexity or preference of a query of a user. Without losing the context of the conversation, its past performance, and Agent engagement costs it ensures a smooth switching between multiple AI systems.
Affle (India) has filed more than 36 patent application, out of which 12 patents are granted.