DataWeave Acquihires Edtech Startup Solvio to Enhance AI Capabilities

DataWeave , a leading provider of Competitive Intelligence and Digital Shelf Analytics for retailers and consumer brands globally, recently acquihired Solvio . With this strategic move, DataWeave aims to enhance its AI and data capabilities by incorporating Solvio's expertise.

Solvio has pioneered a patented AI technology for automating the grading of descriptive, handwritten pen and paper assignments at the click of a photo. Its innovative technology employs computer vision and natural language processing to provide real-time, insightful feedback on students' performance to educators, parents, and educational organizations.

“Solvio’s expertise in the areas of AI and data platforms struck a chord with us. Its culture of building innovative technology is well-aligned with that of DataWeave,” said Karthik Bettadapura , Co-founder and CEO of DataWeave. "We are excited about the continuing innovation in AI and data that this acquihire will help drive at our company.”?

Solvio's unique solution has garnered global usage, with several schools and edtech companies across India and the US signed up as enterprise customers. Educators worldwide have embraced the Solvio platform to enhance their productivity and improve student learning outcomes.?

Rohit Pentapati ( Rohit P. ), Solvio’s Co-founder and CEO, will transition to Associate Director of Strategic Initiatives at DataWeave, working to scale DataWeave's data assets and create new revenue streams. "DataWeave aligns with our passion for leveraging AI and data to drive business growth and customer experience improvements. We are eager to contribute to DataWeave's momentum and anticipate a mutually beneficial partnership," said Rohit.?

This acquihire was facilitated by MetaMorph , an HR Advisory firm. "Metamorph is dedicated to empowering startups through acquisitions that add substantial value. Our ongoing commitment is to ensure that each acquisition contributes to the long-term success of the companies involved," said Sanam Rawal , Founding Member, MetaMorph. "The inclusion of Solvio's AI and data platform expertise into DataWeave demonstrates our dedication to driving progress and innovation in the startup ecosystem," added Swati Gupta , Core Team Member of Acquisitions and Acquihires, MetaMorph.

The acquihire will involve the integration of key members of the Solvio team into DataWeave, where they will assume pivotal roles in advancing the company's AI and data science initiatives.

About DataWeave

DataWeave is a SaaS-based digital commerce analytics platform that provides competitive intelligence to retailers and digital shelf analytics to consumer brands globally. With DataWeave, retailers can make smarter pricing and merchandising decisions, and consumer brands can optimize their digital shelf for KPIs like share of search, content quality, price competitiveness, and stock availability. DataWeave’s AI-powered proprietary technology aggregates and analyzes 500+ billion data points globally across 400,000 brands, 4,000+ websites, and 20+ industry verticals to deliver actionable eCommerce insights.

For more information, visit www.dataweave.com.