Latest news with #AgentFoundry
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Business Standard
6 days ago
- Business
- Business Standard
Graas.ai raises $9 million to expand AI agent platform Agent Foundry
a platform that provides artificial intelligence (AI)-based analytics solutions for e-commerce businesses, announced on Monday that it had raised $9 million in a pre-Series B funding round. The round was led by Tin Men Capital, with participation from Incred Wealth, Orzon, and existing investors Integra Partners and Yuj Ventures. The company plans to use the investment to expand Agent Foundry in India. This is its platform for building agents that address challenges in modern commerce, including rising customer acquisition costs, pricing optimisation, margin erosion, and inventory mismanagement, the company said in a statement. It added that Agent Foundry can independently analyse real-time performance across sales channels, stock-keeping units (SKUs), and advertising campaigns, then execute decisions for both direct-to-consumer (D2C) and marketplace brands. The agents cater to distinct business needs. For instance, Hoppr serves as an in-house analyst for performance analysis; Chattr functions as a customer support agent; Extract delivers cleaned data into Google Sheets or databases for data engineers; Cartlyst operates as a business-to-business order specialist; and Turbo brings together sales, advertising, inventory, and operations data in one unified view. Domain experts then fine-tune the behaviour of these agents. Prem Bhatia, co-founder and chief executive officer of said, 'Commerce does not need another AI copilot or prettier dashboard. It needs agents that actually 'run' the play. We have spent two years building the data backbone, and now with Agent Foundry, we are helping brands act on it. This multi-agent framework lets us create bespoke agents solving commerce's toughest problems. Despite the challenging fundraising climate, we are grateful our investors share our vision for an agentic world.' Founded in 2022 and headquartered in Singapore, the AI-native data and automation company primarily serves e-commerce businesses. The data show that the company has so far processed over $1 billion in gross merchandise value (GMV) and provides services to over 2,000 brands, operating in seven countries in India and Southeast Asia.
Economic Times
7 days ago
- Business
- Economic Times
Ecommerce tech startup Graas AI raises $9 million from Tin Men Capital, others
Graas AI, a Singapore-based ecommerce technology company founded in 2022, has raised $9 million in a funding round led by venture capital fund Tin Men Capital. Other investors participating in the round include Incred Wealth, Orzon, Integra Partners and Yuj Ventures. The company plans to use the fresh capital to expand Agent Foundry, Graas' platform for building autonomous agents. The agents are designed to solve operational challenges such as customer acquisition costs, pricing, margin management, and inventory optimisation for commerce brands in India and Southeast Asia. Graas AI offers agents such as "Chattr", a customer support tool powered by natural language processing, and "Extract", a solution for data engineers to deliver cleaned data directly into databases or Google Sheets. The company claims that its multi-agent framework enables autonomous performance analysis and decision-making for both direct-to-consumer (D2C) and marketplace brands. Graas runs under its holding company Solv and was cofounded by Prem Bhatia and Ashwin Puri. The company said it supports over 2,000 brands, has processed more than $1 billion in gross merchandise value (GMV), and operates across seven countries in the Bhatia highlighted the startup's focus on actionable agents rather than traditional dashboards. 'Commerce doesn't need another AI copilot or prettier dashboard. It needs agents that actually 'run' the play. We've spent two years building the data backbone, and now with Agent Foundry, we're helping brands act on it,' he said in a statement.
Yahoo
23-05-2025
- Business
- Yahoo
Manhattan Associates Unveils Agentic AI Innovation at Momentum 2025
SYDNEY, May 23, 2025 /PRNewswire/ -- Kicking off Momentum 2025, Manhattan Associates Inc. (NASDAQ: MANH) today announced sweeping Agentic AI support within Manhattan Active® solutions that includes intelligent, autonomous digital agents to revolutionise supply chain commerce execution, optimisation, and user experiences. These out-of-the-box AI agents, powered by large language models (LLMs) and Manhattan's cloud-native, all-microservice API architecture, will autonomously perform tasks, adapt to changing conditions, and dynamically orchestrate workflows. This breakthrough marks a generational leap from traditional chatbots and static workflow configurations to dynamic, intelligent, and situationally aware orchestration across the entire supply chain and commerce lifecycle. Among the first groundbreaking AI agents announced are the Intelligent Store Manager, Labor Optimiser Agent, Wave Inventory Research Agent, Contextual Data Assistant, and Virtual Configuration Consultant. These digital agents allow users to interact with Manhattan applications using natural language, understand complex requests, bypass traditional interfaces to surface data, drive optimisation, and efficiently resolve disruptions in real time across critical supply chain commerce operations. To further empower customers and partners to innovate at their own pace, the company also launched Manhattan Agent Foundry™, a groundbreaking platform designed to enable organisations to rapidly build and deploy their own agents within the Manhattan ecosystem. Customers can now create specialised agents tailored to their unique processes and preferences, drastically reducing time-to-value, increasing automation scalability, enhancing productivity, and delivering tangible business value. They can also lean on Manhattan or third-party partners to develop these specialised agents. "Agentic AI isn't just another feature; it's a transformative innovation capability tailored to redefine the future of supply chain commerce," said Sanjeev Siotia, CTO at Manhattan. "By opening up Agent Foundry to our customers and partners, we're ensuring that AI agent creation will not be constrained by vendor development cycles. This is part of Manhattan's ongoing commitment to path-breaking technology that heightens efficiency and resiliency. Our best-in-class customer base now has the power to create thousands of digital agents, limited only by their imagination." All agents built in Manhattan Agent Foundry are compatible with emerging industry standards, including A2A and MCP protocols, ensuring seamless interoperability with third-party agent platforms such as Google Agentspace. This reinforces Manhattan's desire to make Agentic AI a key enabler of an interconnected, AI-driven enterprise ecosystem. Agentic AI assistants and Agent Foundry will be generally available starting Spring 2025. Receive up-to-date product, customer and partner news directly from Manhattan on LinkedIn. ENDS ABOUT MANHATTAN ASSOCIATES:Manhattan Associates is a global technology leader in supply chain and omnichannel commerce. We unite information across the enterprise, converging front-end sales with back-end supply chain execution. Our software, platform technology and unmatched experience help drive both top-line growth and bottom-line profitability for our customers. Manhattan Associates designs, builds and delivers leading edge cloud solutions so that across the store, through your network or from your fulfillment center, you are ready to reap the rewards of the omnichannel marketplace. For more information, please visit View original content to download multimedia: SOURCE Manhattan Associates Sign in to access your portfolio
Yahoo
22-05-2025
- Business
- Yahoo
Manhattan Associates Unveils Agentic AI Innovation at Momentum 2025
LONDON, May 22, 2025--(BUSINESS WIRE)--Kicking off Momentum 2025, Manhattan Associates Inc. (NASDAQ: MANH) today announced sweeping Agentic AI support within Manhattan Active® solutions that includes intelligent, autonomous digital agents to revolutionise supply chain commerce execution, optimisation, and user experiences. These out-of-the-box AI agents, powered by large language models (LLMs) and Manhattan's cloud-native, all-microservice API architecture, will autonomously perform tasks, adapt to changing conditions, and dynamically orchestrate workflows. This breakthrough marks a generational leap from traditional chatbots and static workflow configurations to dynamic, intelligent, and situationally aware orchestration across the entire supply chain and commerce lifecycle. Among the first groundbreaking AI agents announced are the Intelligent Store Manager, Labor Optimizer Agent, Wave Inventory Research Agent, Contextual Data Assistant, and Virtual Configuration Consultant. These digital agents allow users to interact with Manhattan applications using natural language, understand complex requests, bypass traditional interfaces to surface data, drive optimisation, and efficiently resolve disruptions in real time across critical supply chain commerce operations. To further empower customers and partners to innovate at their own pace, the company also launched Manhattan Agent Foundry™, a groundbreaking platform designed to enable organisations to rapidly build and deploy their own agents within the Manhattan ecosystem. Customers can now create specialised agents tailored to their unique processes and preferences, drastically reducing time-to-value, increasing automation scalability, enhancing productivity, and delivering tangible business value. They can also lean on Manhattan or third-party partners to develop these specialised agents. "Agentic AI isn't just another feature; it's a transformative innovation capability tailored to redefine the future of supply chain commerce," said Sanjeev Siotia, CTO at Manhattan. "By opening up Agent Foundry to our customers and partners, we're ensuring that AI agent creation will not be constrained by vendor development cycles. This is part of Manhattan's ongoing commitment to path-breaking technology that heightens efficiency and resiliency. Our best-in-class customer base now has the power to create thousands of digital agents, limited only by their imagination." All agents built in Manhattan Agent Foundry are compatible with emerging industry standards, including A2A and MCP protocols, ensuring seamless interoperability with third-party agent platforms such as Google Agentspace. This reinforces Manhattan's desire to make Agentic AI a key enabler of an interconnected, AI-driven enterprise ecosystem. Agentic AI assistants and Agent Foundry will be generally available starting Fall 2025. Receive up-to-date product, customer and partner news directly from Manhattan on LinkedIn. ABOUT MANHATTAN ASSOCIATES: Manhattan Associates is a global technology leader in supply chain and omnichannel commerce. We unite information across the enterprise, converging front-end sales with back-end supply chain execution. Our software, platform technology and unmatched experience help drive both top-line growth and bottom-line profitability for our customers. Manhattan Associates designs, builds and delivers leading edge cloud solutions so that across the store, through your network or from your fulfilment centre, you are ready to reap the rewards of the omnichannel marketplace. For more information, please visit View source version on Contacts Press Contact: Devika GoelManhattan AssociatesTel: +1 470-435-1566dgoel@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
20-05-2025
- Business
- Business Wire
Manhattan Associates Unveils Agentic AI Innovation at Momentum 2025
LAS VEGAS--(BUSINESS WIRE)--Kicking off , Manhattan Associates Inc. (NASDAQ: MANH) today announced sweeping Agentic AI support within Manhattan Active® solutions that includes intelligent, autonomous digital agents to revolutionize supply chain commerce execution, optimization, and user experiences. These out-of-the-box AI agents, powered by large language models (LLMs) and Manhattan's cloud-native, all-microservice API architecture, will autonomously perform tasks, adapt to changing conditions, and dynamically orchestrate workflows. This breakthrough marks a generational leap from traditional chatbots and static workflow configurations to dynamic, intelligent, and situationally aware orchestration across the entire supply chain and commerce lifecycle. Among the first groundbreaking AI agents announced are the Intelligent Store Manager, Labor Optimizer Agent, Wave Inventory Research Agent, Contextual Data Assistant, and Virtual Configuration Consultant. These digital agents allow users to interact with Manhattan applications using natural language, understand complex requests, bypass traditional interfaces to surface data, drive optimization, and efficiently resolve disruptions in real time across critical supply chain commerce operations. To further empower customers and partners to innovate at their own pace, the company also launched Manhattan Agent Foundry™, a groundbreaking platform designed to enable organizations to rapidly build and deploy their own agents within the Manhattan ecosystem. Customers can now create specialized agents tailored to their unique processes and preferences, drastically reducing time-to-value, increasing automation scalability, enhancing productivity, and delivering tangible business value. They can also lean on Manhattan or third-party partners to develop these specialized agents. 'Agentic AI isn't just another feature; it's a transformative innovation capability tailored to redefine the future of supply chain commerce,' said Sanjeev Siotia, CTO at Manhattan. 'By opening up Agent Foundry to our customers and partners, we're ensuring that AI agent creation will not be constrained by vendor development cycles. This is part of Manhattan's ongoing commitment to path-breaking technology that heightens efficiency and resiliency. Our best-in-class customer base now has the power to create thousands of digital agents, limited only by their imagination.' All agents built in Manhattan Agent Foundry are compatible with emerging industry standards, including A2A and MCP protocols, ensuring seamless interoperability with third-party agent platforms such as Google Agentspace. This reinforces Manhattan's desire to make Agentic AI a key enabler of an interconnected, AI-driven enterprise ecosystem. Agentic AI assistants and Agent Foundry will be generally available starting Fall 2025. LinkedIn. ABOUT MANHATTAN ASSOCIATES: Manhattan Associates is a global technology leader in supply chain and omnichannel commerce. We unite information across the enterprise, converging front-end sales with back-end supply chain execution. Our software, platform technology and unmatched experience help drive both top-line growth and bottom-line profitability for our customers. Manhattan Associates designs, builds and delivers leading edge cloud solutions so that across the store, through your network or from your fulfillment center, you are ready to reap the rewards of the omnichannel marketplace. For more information, please visit
