Impactsure Technologies Private Limited Partners with BITS Pilani for Ground breaking AI Research Collaboration

Hyderabad, 1st October,2024 – BITS Pilani, and Impactsure Technologies Private Limited, a leading AI/ML-powered intelligent document processing and analytics SaaS company, have signed a strategic Memorandum of Understanding (MoU) to promote research collaboration. The MoU signing ceremony took place today at the BITS Pilani Hyderabad Campus.. This collaboration aims to propel advancementsinArtificialIntelligence(AI)throughthedevelopmentofcutting-edgesoftwareutilizing Large Language Models (LLMs) and Small Language Models (SLMs) specifically tailored for the Banking and Finance sectors.

TheMoUwassignedinthepresenceofProfSoumyoMukherji,theDirectorofBITSPilaniHyderabad Campus, Col.Soumyabrata Chakraborty the Registrar of BITS Pilani, and Mr. DharmarajanSankaraSubrahmanian, Founder and CEO of Impactsure, who is also a BITS Pilani alumnus (Batch of 1990-95). Mr. Dharmarajanwasjoinedby Mr. Subramaniyan Neelakandan, CTO, Mr. Ashish Mohan Jha, COO  Mr.MukundChengapa, Head of Marketing of  team Impactsure.
ThiscollaborationaimstoleverageBITSPilani’sstrongacademicresearchcapabilitiesandImpactsure’s cutting-edge AI and machine learning technologies to explore innovative and impactful solutions for Enterprises and the BFSI (Banking, Financial Services, and Insurance) sectors. The focus will be on intelligent information and document processing and advanced analyticssolutions, creating a synergy between academia and industry that fosters technological advancement and innovation.

Also Read: Former Chairman of DRDO, Dr. G Satheesh Reddy Joins BITS Pilani

Commenting on the partnership, Mr. Dharmarajansaid: “Returning to my alma mater for this collaboration is a proud moment. At Impactsure, withour core purpose to Interpret Information, Intelligently and Insightfully, we have been at the forefront of revolutionizing information &documentprocessingwithanalyticsusingAI/MLtechnologies.ThispartnershipwithBITSPilaniwill accelerate our mission of delivering cutting-edge solutions to enterprises and BFSIs globally.”
Prof. Soumyo Mukherji remarked, “Collaborations like this with Impactsure reinforce BITS Pilani’s commitmenttoadvancingresearchandinnovation.Bycombiningacademicrigorwithindustry-driven solutions, we aim to create an environment where groundbreaking technologies can be developed and applied to solve real-world challenges.”
Thepartnershipwillinvolvejointresearchprojects,knowledge-sharinginitiatives,andopportunitiesfor students and faculty to collaborate with Impactsure on projects that could reshape how industries approach information and document processing, analytics, and digital transformation.

Published date : 01 Oct 2024 04:58PM