BBC Dragons Den Business Magnet Touker Suleyman, a seasoned investor and successful businessman, has recently invested in ENGYIN, a startup specializing in utilizing machine learning for e-commerce optimization. The company has secured nearly a quarter million in seed funding, with Suleyman’s investment playing a major role in securing this funding.
Founded by Chanuka Weerasinghe, CEO and experienced entrepreneur, ENGYIN aims to revolutionize the way e-commerce businesses reduce e-commerce basket abandonment through the use of advanced machine learning algorithms.
The company has developed a unique platform that helps e-commerce businesses increase their sales and improve their overall performance by analyzing and optimizing their customer buying journey by triggering a conversation just like the real world when the customer is likely to abandon their basket unpaid.
Suleyman’s investment will help ENGYIN continue to research and develop its technology, as well as expand its operations to reach a wider market. This is especially important as the company looks to take over the market and become a leader in the e-commerce optimization industry.
With Suleyman’s support and guidance, Cart Sensei has the potential to make a significant impact on the e-commerce industry. The company’s innovative use of machine learning to optimize online operations is sure to be a game-changer for businesses of all sizes. It will be exciting to see how Cart Sens ei continues to grow and innovate in the coming years.
Organization: Chanuka Weerasinghe
Contact Person: Engyin
Country: United Kingdom
Release Id: 2177
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No The Finboard journalist was involved in the writing and production of this article.