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Affle shines on filing14 technology patents in Singapore, USA

Affle (India) is currently trading at Rs. 1271.60, up by 54.60 points or 4.49% from its previous closing of Rs. 1217.00 on the BSE.

The scrip opened at Rs. 1240.00 and has touched a high and low of Rs. 1278.00 and Rs. 1235.00 respectively. So far 10202 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1295.15 on 10-Oct-2019 and a 52 week low of Rs. 751.05 on 08-Aug-2019.

Last one week high and low of the scrip stood at Rs. 1280.00 and Rs. 1126.00 respectively. The current market cap of the company is Rs. 3199.79 crore.

The promoters holding in the company stood at 68.38%, while Institutions and Non-Institutions held 26.39% and 5.24% respectively.

Affle (India) has filed 14 patents in Singapore and the USA. The company has filed 4 new patent applications in Singapore in the areas of conversational marketing & vernacular and voice-based intelligence. Further, the company has decided to expand the jurisdiction of its 10 patents earlier filed in India by filing in the patent office of the USA as well.

The newly filed 4 patents in Singapore power innovations in AI driven intelligence & automation. The subject areas include monitoring and integration of intelligent conversational agents, switching between intelligent conversational agents, adoption of user learnings across vernacular contexts and Integration of digital assistants with audio content.

Affle is a leading global technology company with a proprietary consumer intelligence platform that delivers consumer acquisitions, engagements and transactions through relevant mobile advertising.

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