This event is archived. Final snapshot from when the story concluded. View on Dashboard
Tech AI system deployment

IndiaMART, SquadStack.ai deploy VANI AI

Analysis based on 7 articles · First reported Jun 17, 2026 · Last updated Jun 17, 2026

Sentiment
70
Attention
4
Articles
7
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard

The deployment of VANI by IndiaMART InterMESH and SquadStack is expected to positively impact the e-commerce and AI industries by demonstrating the effectiveness of agentic AI in live commerce. IndiaMART InterMESH's stock price could see a positive reaction due to improved operational efficiency and conversion rates, potentially leading to increased revenue and profitability. This also sets a precedent for other companies in India to adopt similar AI solutions, driving innovation in the technology sector.

E-commerce Artificial intelligence Business services

IndiaMART InterMESH, a B2B marketplace, has partnered with AI-powered sales platform SquadStack to deploy VANI, India's largest agentic AI system in live commerce. VANI autonomously handles over 1 lakh buyer-seller conversations daily, running end-to-end from first connect to final handoff without human intervention. The system has achieved a 20% higher conversion rate compared to manual calls with 95% accuracy, and has lowered the cost per confirmed lead by 15%. It also maintains a 75%+ AI connectivity rate, significantly higher than human agents. VANI is designed to manage the complexities of Indian B2B commerce, including language diversity, visual-led conversations, and evolving buyer requirements across IndiaMART InterMESH's extensive product categories. This deployment marks a significant step towards an AI-enabled marketplace, aiming to deliver a seamless and intelligent customer experience.

stock
IndiaMART InterMESH has partnered with SquadStack to deploy VANI, an agentic AI system that significantly improves conversion rates and reduces costs for buyer-seller conversations on its B2B marketplace.
Importance 100.0 Sentiment 75.0
oth
VANI is the agentic AI system deployed by IndiaMART InterMESH and SquadStack, autonomously handling over 1 lakh daily buyer-seller conversations with higher efficiency and accuracy.
Importance 95.0 Sentiment 70.0
priv
SquadStack partnered with IndiaMART InterMESH to develop and deploy VANI, India's largest agentic AI system in live commerce, showcasing its expertise in AI-powered sales platforms.
Importance 90.0 Sentiment 70.0
per
As Chief Product Officer of IndiaMART InterMESH, Amarinder Singh Dhaliwal articulated the vision for an AI-enabled marketplace and the strategic importance of VANI.
Importance 50.0 Sentiment 60.0
per
As CEO and Co-Founder of SquadStack, Apurv Agarwal highlighted the collaborative effort and the system's capability to address the complexities of the Indian B2B market.
Importance 50.0 Sentiment 60.0
cnt
Importance 0.0 Sentiment 0.0
ERGEN INTELLIGENCE
Track this event live

Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.

Open Dashboard

About Ergen

Ergen is a news intelligence platform that converts raw news articles into structured data. It tracks events, entities, and the relationships between them, with sentiment and attention metrics derived from thousands of articles. Pages on this site are daily static snapshots from the platform's live database. For real-time tracking, search, and alerts, the full dashboard is at app.ergen.ai.