ENGYIN has secured an investment from none other than Touker Suleyman, a well-known and highly respected entrepreneur and investor. ENGYIN is the first-ever solution that has achieved a high recovery percentage of abandoned baskets at an average of 10%. This innovative technology is a potential game-changer for online retailers looking to boost sales by reducing e-commerce basket abandonment rate.
“This investment will help ENGYIN, to further develop and expand the company’s e-commerce platform that utilizes Artificial Intelligence to assist online retailers in optimizing sales,” reported Founder and CEO, Chanuka Weerasinghe.
Chanuka Weerasinghe with Touker Suleyman
ENGYIN’s proprietary technology solution utilizes real-time price cuts to customers who have shown hesitation in completing a purchase.
This investment is a significant step for ENGYIN as it will support the company’s growth and expansion efforts, as well as help it to bring its AI-powered platform to a wider market.
The company is dedicated to changing the way conversion optimization is approached and breaking down barriers in the retail industry.
Contact Person: Atul
Email: [email protected]
Country: United Kingdom
Release Id: 2701232260
The post ENGYIN Raised Funds From Touker Suleyman In Latest Funding Round appeared first on King Newswire.
Information contained on this page is provided by an independent third-party content provider. Binary News Network and this site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]