Chennai, India – September 12, 2024 – Xtract.io, a leading intelligent process automation company has announced the opening of its new office in Chennai, India. The new facility marks an important milestone for Xtract.io, establishing it as an independent entity focused on enhancing global impact through cognitive automation technologies.

The office inauguration was graced by Mr. Lakshmi Narayanan, Former CEO & Vice Chairman of Cognizant Inc., as the chief guest, who emphasized the importance of customer centricity and building a strong culture. Mr. Narayanan observed that the emotional infrastructure of an organization is more crucial than the intellectual and physical infrastructure, and it propels the leadership to guide the company’s growth and expansion in the right direction. Gautam Dalmia, Director and Co-founder of Xtract.io shared his expertise and strategic vision for Xtract.io’s success and future direction. Gautam Dalmia is also the MD of Dalmia Bharat Group, India.  

Mr. Lakshmi Narayanan, cutting the ribbon, marking a milestone for Xtract.io.

Xtract.io is a spin-off of Mobius Knowledge Services, a global leader in data and technology services with over two decades of expertise. Xtract.io leverages cognitive automation and GenAI to empower companies to streamline workflows, eliminate data silos, and drive innovation. The platform envisions companies effectively unearthing value from their internal and external unstructured data to gain a competitive advantage.  

The company’s flagship product, Xtract Data Automation Suite (XDAS), utilizes advanced GenAI capabilities to simplify complex tasks across various functions. XDAS integrates with existing business processes, connecting multiple data sources and delivering digital transformation.

The strategically located office is designed to accommodate over 200 employees and serve as a hub for local and global automation projects. It features state-of-the-art infrastructure, experience zones for collaboration, and an intuitive workspace to promote productivity.

Karthik Karunakaran , CEO and Co-founder, lights the lamp

“We cater to global markets, and our vision is to be the global leader in unstructured data automation and disrupt the future of work,” said Karthik Karunakaran, CEO and co-founder of Xtract.io. “This new office will serve as our future home, fostering collaboration and innovation among our employees.” He also highlighted the ongoing symbiotic relationship between Xtract.io and Mobius Knowledge Services.

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Asmitha is a Content Marketing Specialist. She helps businesses leverage content and storytelling to build a compelling online presence. She enjoys traveling and hanging out at libraries when she is not at work.

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