Lumina Datamatics and DataVerze Form Joint Venture to Provide AI Solutions

In a strategic move aimed at enhancing their capabilities in Artificial Intelligence (AI) and Machine Learning, Lumina Datamatics Limited and DataVerze Analytics Private Ltd have announced a joint venture. The collaboration seeks to offer innovative AI solutions globally, catering to various industries.

Formation of Joint Venture:

Under a definitive agreement, Lumina Datamatics and DataVerze have established a joint venture named LuminaD.ai. Headquartered in Mumbai, India, the venture will operate with development centers in Mumbai and Pune. This partnership aims to leverage the expertise of both companies to deliver cutting-edge AI solutions.

Focus on Content Production and Beyond:

LuminaD.ai will specialize in Generative AI and data science, with a particular focus on content production. The joint venture intends to streamline workflows, support editorial functions, facilitate content development, and enable Automatic Item Generation for large-scale assessment development. Additionally, it aims to enhance eCommerce workflows and offer a range of other services.

Leadership Views: 

Mr. Sameer L. Kanodia, Managing Director & CEO, Lumina Datamatics: “We are excited about this joint venture. Lumina Datamatics remains steadfast in our dedication to our clients and bringing them the best AI technologies. This will help our clients optimize their content and be more efficient.”

Div Rakesh, Co-Founder, DataVerze: “Partnering with Lumina Datamatics signifies a transformative alliance where innovation meets expertise. Together, we are poised to revolutionize the Publishing and eCommerce industry by harnessing the power of AI to drive unparalleled efficiency, personalized content delivery, and cutting-edge solutions.”

About Lumina Datamatics:

Lumina Datamatics is a prominent provider of Content Services, Retail Support Services, and Technology Solutions to companies in the Publishing and Retail Industries worldwide. With a vast clientele, including some of the largest Publishers and Retailers/Marketplaces, Lumina Datamatics boasts a team of over 3,500 professionals across multiple countries.

About DataVerze:

DataVerze is recognized for its expertise in Generative AI, Machine Learning, and Datamesh services. Committed to innovation, the company empowers businesses to unlock the full potential of their data. With a team of seasoned professionals, DataVerze delivers tailored solutions to meet the specific needs of its clients.

This joint venture between Lumina Datamatics and DataVerze signifies a significant step forward in the realm of AI and is poised to bring about transformative changes across various industries.