Walmart-owned Flipkart has acquired Liv.ai, a speech recognition tech startup that focuses on Indian languages, the Economic Times reports. Financial details of the deal were not disclosed. Liv.ai did not respond to a request from MediaNama for further details. Flipkart is expected to use the technology to reach out to the next 100-200 million customers who are first-time Internet users and speak Indian languages. The technology is expected to be used in areas such as transactions, payments, customer support, interaction with sellers on its marketplace and in its logistics arm, eKart. Liv.ai works on speech recognition tech in English, Hindi, Bengali, Punjabi, Marathi, Gujarati, Kannada, Tamil and Telugu. "Our system works with most accents and performs remarkably well in noisy environments," the firm says on its website, offering a six second demo. “This is a first-of-its-kind sort of technology coming out…
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