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Yalo, the conversational commerce (c-commerce) platform previously known as Yalochat, has raised $50 million in a Series C round of financing, bringing total capital raised to date to $75 million. The round was led by existing venture investor B Capital Group, a venture capital firm co-founded by Facebook co-founder Eduardo Saverin. Yalo platform enables large enterprise businesses like Unilever, Nestle, Coca-Cola and Walmart to communicate and transact directly with consumers through messaging apps like WhatsApp. Yalo, which has operations in India, US, Mexico and Brazil, will use the financing to deepen its presence in Latin America and Southeast Asia. It would also fund the development of new product offerings, including conversational marketing and payments solutions. ....
JSW Cement partners with Yalochat for WhatsApp-supported transactions Written by Global Cement staff 12 February 2021 India: JSW Cement has hired US-based Yalochat to supply software for transactions with trade customers. It says it is among the first Indian cement companies to introduce conversational commerce services to this marketing segment. The software promises to increase the company’s ease of doing business by integrating customer service into transactions via the WhatsApp messaging platform. The producer says that this will help differentiate it as it transitions to 25Mt/yr of production capacity by 2023 from 14Mt/yr. Managing director Parth Jindal said, Digital technology is shaping the long-term sustainable growth strategy of all JSW Group businesses. We are in a unique position to deliver integrated home-building solutions to Indian consumers. Our digital transformation will ensure the ease of d ....