Technology

Revolutionizing Enterprise API Development: Conektto Unveils AI studio for autonomous software development

Published

1 year ago

July 13, 2023

Exciting news! Today, on July 13th, Conektto is launching its highly anticipated Composable Studio and Collections on Product Hunt. This momentous event marks a significant milestone for Conektto as it introduces a new era of API development and integration powered by generativeAI and LLM technology. In addition to the Product Hunt launch, Conektto is thrilled to announce its official entry into the Indian market, offering developers and businesses in India the opportunity to unlock the full potential of Conektto’s platform. Join us in celebrating this momentous day and experience the future of API development with Conektto’s innovative solutions.

PLEASANTON, Calif. and HYDERABAD, India, July 13, 2023 /PRNewswire-PRWeb/ — Conektto, the trailblazer in generative platforms for enterprise API development, is delighted to announce the highly anticipated launch of Composable Studio. Powered by Azure OpenAI, Conektto’s groundbreaking solutions are set to revolutionize API development, combining the power of GenerativeAI with a seamless user experience.

Composable Studio, the flagship product of Conektto, represents a paradigm shift in API development. With years of stealth building and collaboration with Fortune 100 design partners in the banking, finance, and insurance ecosystem, Conektto has meticulously crafted a platform that enables developers to transcend the mundane aspects of designing, coding, and testing APIs. The platform’s powerful GenerativeAI capabilities allow engineers to focus on driving core innovation while Conektto handles the heavy lifting.

In addition to Composable Studio, Conektto introduces Collections and Governance Dashboard to enhance the API development experience further. Unlike traditional API tools, Conektto’s browser-based Collections feature allows developers to effortlessly test APIs across various environments, including on-premises, cloud, and beyond. This eliminates the need for complex installations and provides a seamless testing experience.

“We are thrilled to unveil Conektto’s Composable Studio, Collections, and Governance Dashboard to the world,” said Amol Dewhare, CEO and Co-founder of Conektto. “Our journey started several years ago with a vision to transform API development using GenerativeAI and provide developers with a platform that streamlines their workflow. With Conektto, developers can now harness the power of AI, unlock new levels of productivity, and deliver innovative solutions.”

Ram Sathia, CTO and Co-founder of Conektto, added, “We have designed Conektto to empower developers and unleash their creativity. Our platform merges GenerativeAI with an intuitive user interface, enabling developers to build APIs at an unprecedented speed. Conektto is not just about displacing existing API tools but also redefining API development and driving the industry’s future.”

Conektto’s innovative platform follows a B2B SaaS (Software-as-a-Service) model with a Product-Led Growth (PLG) approach, allowing businesses to experience the power of GenerativeAI in API development. By seamlessly integrating GenerativeAI into the development process, Conektto empowers developers to unlock new productivity levels, collaboration, and innovation.

Conektto’s launch also marks its entry into the Indian market, recognizing India’s vibrant tech ecosystem and the immense talent of its developer community. By introducing its groundbreaking platform in India, Conektto aims to accelerate digital transformation and provide Indian businesses with the tools they need to excel in the API-driven world. In the last few months of the alpha launch, Conektto partnered with fast-growing fintech companies for early access and successful conversion from a proof of concept.

In the ever-evolving landscape of startups, where many are centered around large language models (LLM) or as plug-ins with a ChatGPT interface, Conektto stands out as a trailblazer in the “bring your own AI” (BYOAI) future. Unlike others, Conektto empowers businesses to harness the true potential of GenerativeAI by offering the ability to wrap multiple LLMs or GPT models within its platform.

With Conektto’s innovative approach, businesses can simultaneously leverage the power of multiple GenerativeAI models, creating a rich and diverse AI ecosystem. By bringing the best of GenerativeAI to the enterprise ecosystem, Conektto enables companies to unlock new levels of creativity, productivity, and innovation.

As Conektto continues its journey, the company remains committed to pushing the boundaries of innovation and delivering exceptional value to its users. By bringing together GenerativeAI and API development, Conektto is paving the way for a new era of software engineering.

About Conektto: Conektto is a leading generative platform for enterprise API development. With its innovative solutions, Conektto simplifies API design, coding, and testing processes, allowing developers to focus on core innovation. Powered by Azure OpenAI services, Conektto empowers businesses to leverage the full potential of GenerativeAI and revolutionize their API development practices.

For press inquiries, please contact:

Amol Dewhare

CEO, Co-Founder

www.conektto.io

engage@conektto.io

Pull Quote

“Revolutionizing API development with the power of generativeAI and LLM technology, Conektto’s Composable Studio and Collections unleash limitless possibilities for developers worldwide.”

Media Contact

Amol Dewhare, Conektto, Inc, 1 9252168320, engage@conektto.io, www.conektto.io

SOURCE Conektto, Inc

Technology

Max Stock Limited Announces Change in Shares Held by an Interested Party

Published

1 hour ago

November 24, 2024

CAESAREA, Israel, Nov. 24, 2024 /PRNewswire/ — Max Stock Limited (TASE: MAXO(; )the “Company”, “Max Stock“) today announced that on November 20th, 2024, Phoenix Financial Ltd. and Phoenix Investment House Ltd. (“Phoenix reporting group”), including their respective nostro account, provident funds and provident fund management companies, as well as mutual fund management companies and market maker sub entities, informed the Company that they had sold shares of the Company thereby lowering their joint holdings to 4.8% of the Company’s issued capital (4.15% and 0.65% respectively). As a result, Phoenix reporting group will no longer be an interested party in the Company.

This is an English translation of segments of a Hebrew immediate report that was published on November 24, 2024 (Ref. No: 2024-01-618032) (hereinafter: the “Hebrew Version”). This English version is only for convenience purposes. This is not an official translation and has no binding force. In the event of any discrepancy between the Hebrew Version and this translation, the Hebrew Version shall prevail.

About Max Stock

Max Stock is Israel’s leading extreme value retailer, currently present in 64 locations throughout Israel and 2 locations in Portugal. We offer a broad assortment of quality products for customers’ everyday needs at affordable prices, helping customers “Dream Big, Pay Small”. For more information, please visit https://ir.maxstock.co.il

Company Contacts:

Talia Sessler,
Chief Corporate Development and IR Officer
talia@maxstock.co.il

View original content:https://www.prnewswire.com/news-releases/max-stock-limited-announces-change-in-shares-held-by-an-interested-party-302314811.html

SOURCE Max Stock Limited

Technology

Qatar Development Bank announces strategic investment in global Islamic FinTech, Wahed

Published

5 hours ago

November 24, 2024

DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.

Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.

Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.

Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”

About Wahed

Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.

For more information, visit: www.wahed.com

About Qatar Development Bank

Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.

For more information, visit: https://www.qdb.qa/

SOURCE Wahed

Technology

Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region

Published

5 hours ago

November 24, 2024

DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.

On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”

Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.

His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.

As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.

Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”

About Wahed

For more information, visit: www.wahed.com

Photo – https://mma.prnewswire.com/media/2566076/Wahed_MENA_Khalid_Al_Jassim.jpg

View original content:https://www.prnewswire.co.uk/news-releases/wahed-appoints-khalid-al-jassim-as-executive-chairman-of-wahed-mena-to-help-guide-the-strategic-growth-of-wahed-in-the-region-302314779.html