Sheeva.AI, an in-car payment and commerce solutions provider, announced the launch of its products, “SheevaFence” and “SheevaLocate,” which look to improve customer satisfaction around routine transactions including purchasing gas, EV charging, picking up online purchases, etc.
SheevaLocate’s patented technology facilitates obtaining precise vehicle locations within two meters to activate service points and facilitate payment for ecommerce services through a digital wallet accessible via the vehicle's infotainment screen.
SheevaFence is a patent-pending, cloud-based platform that enables geofencing and mapping for point-of-service localization to allow the activation of that service from inside the car.
The company is currently conducting product trials with global automotive OEMs and Tier 1 suppliers.
Analyst QuickTake: Today’s product launch comes just over two months after Sheeva.AI raised USD 9.25 million in Series A funding to expand its production team, automotive partners, and service partners. We believe that the products along with these funds, would help the company to expand its presence across the US, India, Europe, and Japan, as planned.
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