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Composio makes AI integrations more efficient by saving developer time

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Software developers’ time is valued highly as their role is crucial to the company’s operations. 

Composio, which was featured in Yourstory’s Tech30 2024 list, builds tools for developers. Its platform speeds up the process of building and connecting agents to external services, reducing development time from months to just days.

The San Francisco, California-based startup provides tools that enable developers to quickly create reliable AI agents that interact with external software, like CRM systems (e.g., Salesforce, HubSpot) and services like Gmail. 

These AI agents are essentially automated systems that perform tasks on behalf of the user within those software platforms. For example, an agent could be designed to automatically manage emails, update records in a CRM, or perform data entry without human intervention. 

Normally, when developers build such agents, it can take months to fine-tune them to work accurately and reliably. 

Composio simplifies agentic integration—ensuring how multiple AI agents communicate and function together—by offering a platform where developers can connect their agents to these systems in a much faster and more reliable way. Its platform has gained traction on GitHub, with over 12,000 developers building on its framework, including engineers from Fortune 500 companies like Meta Platforms, Salesforce and Cisco.  

“AI agents are inherently unreliable and prone to hallucinations, making it one of the biggest challenges in building them. When agent integrations go live in production, they often operate with significant inaccuracies, requiring developers to spend months optimizing reliability,” Soham Ganatra, Co-founder at Composio tells YourStory.

The startup was launched in June 2023 by IIT – Bombay alumni, Karan Vaidya and Soham Ganatra. 

One-size-fits-all solution

Most AI agents or LLMs rely on the ability of an AI model (like an LLM) to interact with external functions or tools to perform specific tasks, this is essentially called tool calling.

However, the reliability of function calling is often too low on account of hallucinations and inaccuracies–a key reason why many LLM applications are not yet widely deployed in production.

For instance, when you go live with an agent that interacts with Gmail, the reliability would be somewhere close to 40% to 50%. According to Ganatra,  reliability with Composio would start above 90% therefore allowing developers to go into production quickly. 

Composio’s solution works on a foundational level and applies itself to agentic integration across industries, improving AI integrations regardless of the specific use cases. 

Pricing and clients 

Like many other AI applications, Composio operates on a hosted platform with a usage-based pricing model. Developers and large enterprises can sign up, create an account, and access Composio’s services using an API (Application Programming Interface) key. 

They gain access to Composio’s services through an API (Application Programming Interface) key, and pay charges every time the API is called. 

This pay-per-use approach enables flexibility for different scales of operation and further promotes adoption. Its average contract value is close to currently $20,000 or Rs 16 lakh.  

Its clients and partners include enterprises like Databricks, Datastax or startups like 11x, 

It is used by developers, who inherently represent enterprises, and monetisation on that front has also started just less than a month ago.

“AI agents space in general is too nascent and therefore currently the target is not monetising, but the target is actually getting usage up, ” explains Ganatra. 

About 80-90% of projects involving agents and LLMs are currently in the MVP (Minimum Viable Product) or POC (Proof of Concept) phase. Monetisation becomes more viable when these projects move to full-scale production, which is expected to become more mainstream around February or March 2025, adds Ganatra. 

Composio is vying for a small slice of the enterprise AI market which is expected to reach $311.64 billion by 2029, growing at a CAGR of 52.17% according to Mordor Intelligence. 

As AI adoption accelerates, seamless integration and uninterrupted workflows are critical for enterprises to stay competitive. By cutting down development cycles, businesses can accelerate time-to-market, lower costs, and focus on innovation, enabling them to fully leverage AI’s potential while keeping up with rapidly evolving industry demands.





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Prasar Bharati’s OTT platform Waves crosses 1M downloads in a month

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Prasar Bharti’s OTT platform ‘Waves’ crossed 1 million downloads in a month, said Minister of Information and Broadcasting, Ashwini Vaishnaw, in a post on the social media platform X.

The platform, unveiled during the 55th International Film Festival of India (IFFI) in Goa last month, is “more than a platform—it’s a celebration of India’s rich culture, vibrant stories, and technological prowess,” he added.

The platform was launched to bring new content and revive classic shows such as the Ramayana and Mahabharata. It has also hosted content by National Creator awardees and showcased films from FTII, Annapurna College, and other top institutions.

This milestone reflects India’s unbreakable bond with its cultural roots, said the minister. He called the platform not just an OTT, but a “full-fledged infotainment ecosystem,” with content in more than 12 languages, over 10 genres, with live TV streaming and 65 live channels, video-on-demand, free-to-play gaming, and online shopping via Open Network for Digital Commerce (ONDC), he added.





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Delhi, Dehradun top the spending trends on Instamart: Swiggy

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According to Swiggy‘s fourth edition of its annual ‘How India Swiggy’d’ report, the biggest spenders in 2024 on its quick commerce platform, Instamart, hailed from Delhi and Dehradun. The users spent Rs 20 lakh each on Instamart.

This year, quick commerce grew exponentially, with Indians ordering items ranging from groceries, makeup and toys to vacuum cleaners and sexual wellness products on the 10-minute delivery platform.

The Diwali season also saw orders of over Rs 45 lakh on Instamart on brooms across India to clean houses and Rs 4.6 lakh on poker chips from Delhi. Delhi also ordered Rs 60 crore worth of noodles.

The report added that a person from Ahmedabad spent about Rs 8.3 lakh on gold coins on Dhanteras.

Bengalureans topped in the pooja and party essentials categories, competing with Mumbai, and ordered 1.8 times more wine and shot glasses, especially during the Diwali season, the report found.

A Mumbai-based pet-lover spent more than Rs 15 lakh this year on pet supplies, primarily dog and cat food. Meanwhile, a Chennai user spent Rs 1,25,454 on electronics, electricals and home appliances, including gaming earphones, smartwatches, an induction cooker, a sandwich maker, and a hair straightener. A mango lover spent Rs 35,000 on the fruit in May.

The most ordered items between 4 AM and 7 AM were milk, veggies, and eggs, while ice cream, cold drinks, and chips took over from 10 PM to 4 AM. Between 8-9 PM, the country ordered the most sanitary pads, and November saw the most orders of pain relief medication/spray.

Incognito mode on Instamart was introduced earlier this year. The report noted that most ordered items with the option were between 10-11 pm and included Masala-flavoured chips, Kurkure, and flavoured condoms, the report said.

The quickest delivery was completed in 89 seconds, covering a distance of 180m, the report added, while the cheapest order came in at Rs 3 for a pencil sharpener bought at 8:15 PM in Hyderabad.

The Rakhi season saw 2,85,000 deliveries under ‘order for others,’ and 273 chocolates ordered per minute with one user from Mumbai ordering 31 rakhis in a single order.

Canada saw the most international logins, followed by the US, Kuwait and Singapore ordering milk, dosa batter, and water.





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Startup news and updates: Daily roundup (December 26, 2024)

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EatSure launches multi-restaurant group ordering

EatSure, the flagship D2C platform of Rebel Foods, has launched its multi-restaurant group ordering feature.

EatSure’s “Food court on an App” now allows users to create shared carts, and order from multiple restaurants in a single transaction.

“While group ordering features existed before, no one solved the challenge of letting users order from multiple restaurants in one order, making EatSure’s solution truly revolutionary,” the company said.

The feature is live across more than 75 cities across India including Mumbai, Delhi, Bengaluru, and Hyderabad and other prominent urban cities, it added.

“The new group ordering feature aligns with the same, wherein we let a group of friends/family members to build a joint cart by adding products from their choice of restaurants, such that everything gets delivered to them in One Order. It’s more than just ordering food; it’s about connecting people through a shared culinary journey,” said Sagar Kochhar, Co-founder and CEO, EatSure, Rebel Foods.

Zypp Electric enters into a partnership with e-Sprinto

EV-based last-mile delivery service Zypp Electric has entered into a strategic partnership with e-Sprinto, an electric two-wheeler company.

This partnership comes with an aim to deploy 30,000 e-Sprinto high-speed electric vehicles into Zypp Electric’s fleet over the next three years, the company said.

The collaboration is also set to focus on providing top-tier after-sales service and support to the pilots, ensuring the fleet’s reliability and longevity, it added.

“This collaboration allows us to enhance our fleet with 30,000 advanced e-scooters, directly addressing the urgent need for sustainable logistics solutions in India’s booming ecommerce market. Together, we are not only empowering delivery partners to improve their livelihoods but also leading the charge towards a greener future for urban mobility with good quality EVs suitable for delivery purposes and growth,” said Rashi Agarwal, Co-founder and CBO Zypp Electric.

Evocus appoints Pramod Joshi as head of retail sales and export

Evocus onboarded Pramod Joshi as Head of Retail Sales and Export. Prior to this, Joshi held a leadership role at AB InBev, where he spearheaded strategic sales initiatives and route to market.

“His remarkable experience and track record in the FMCG sector make him the perfect fit to lead our sales retail and export functions. Pramod’s deep expertise in sales strategy, market expansion, and digital transformation will be invaluable as we continue to scale Evocus globally and further establish our leadership in the wellness and beverage industry,” said Akash Vaghera, Founder and Director, Evocus.

“Evocus has a unique positioning in the wellness and beverage space, and I look forward to leading the sales efforts to expand its reach both within India and internationally,” said Joshi.

Having begun his career with Cadbury, over the years, he has held various leadership roles at Narang Group, Soulfull, and Twinings, driving market expansion and building strong partnerships with key retail accounts, the company said.

foundit makes 3 leadership appointments

Jobs and talent platform and Quess company foundit has appointed Pranay Kale as Chief Revenue and Growth Officer, Anupama Bhimrajka as Vice President of Marketing, and Tanesh Arora as Vice President of Candidate Services.

In his new role, Kale is set to lead sales across the APAC and Middle East regions, focusing on growth and operational excellence, the company said. Prior to this, he was the Vice President of key accounts at LeadSquared.

 

Bhimrajka is set to lead the marketing function at foundit as the Vice President – Marketing, driving growth across the APAC and Middle East regions. She was the Head of Consumer Marketing at Lenovo India Prior to joining foundit.

In his new role Arora will oversee Candidate Services, enhancing user experience and operational excellence, the company said. It added that prior to this appointment, he scaled foundit’s consumer business as General Manager and later drove growth at ISDC Global.

“Their combined experience and expertise will be instrumental in driving our next phase of growth and innovation. Their guidance will be invaluable to the team as we continue to connect top talent with leading organisations,” said V Suresh, Chief Executive Officer at foundit.

(This article will be updated with the latest news throughout the day.)





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