https://en.bharatpedia.org/w/index.php?action=history&feed=atom&title=PlaymentPlayment - Revision history2026-08-20T17:09:59ZRevision history for this page on the wikiMediaWiki 1.43.6https://en.bharatpedia.org/w/index.php?title=Playment&diff=525716&oldid=prevNamVanwagenen: Put up new stub from scratch2025-10-13T02:43:34Z<p>Put up new stub from scratch</p>
<p><b>New page</b></p><div>{{Short description|Indian data labeling company}}<br />
{{Multiple issues|{{more citations needed|date=February 2017}}{{notability|1=Companies|date=February 2017}}}}<br />
{{Infobox website<br />
| name = Playment<br />
| logo = [[File:Playment_Logo.png|200px]]<br />
| company_type = [[Privately held company|Private]]<br />
| traded_as =<br />
| foundation = {{Start date and age|2015}}<br>[[Bangalore]], [[Karnataka]], [[India]]<br />
| founder = Siddharth Mall<br />Ajinkya Malasane<br />Akshay Lal<br />
| dissolved =<br />
| location = Bangalore, Karnataka, India<br />
| locations =<br />
| incorporated =<br />
| area_served = Worldwide<br />
| key_people = Siddharth Mall <small>([[Chief executive officer|CEO]])</small><br />Ajinkya Malasane<small>(Head of Business Development)</small><br />Akshay Lal<small>(Head of Product Development)</small><br />
| industry = Internet<br />
| products =<br />
| services = Data Labeling for Artificial Intelligence<br />
| url = [https://playment.io/ playment.io]<br />
| ipv6 =<br />
| parent = [[Telus Digital]]<br />
| website_type =<br />
| advertising =<br />
| language = [[English language|English]]<br />
| launch_date = November 2015<br />
| current_status = Active<br />
| screenshot =<br />
| caption =<br />
| footnotes = <br />
}}<br />
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'''Playment''' is an Indian [[data labeling]] platform which helps [[machine learning]] engineers build high quality ground truth datasets for training and validating machine learning models. It breaks down large problems into [[Microtasking|micro-tasks]] and distributes among its large community of trained annotators. It works on the principle of [[microwork]], where a series of small tasks which together comprise a large unified project, and are completed by many people over the [[Internet]].<ref>{{Cite web|url=http://www.socialedge.org/blogs/samasourcing/archive/2009/08/25/microwork-and-microfinance|title=socialedge.org|last=|first=|date=|website=|publisher=|access-date=|archive-url=https://web.archive.org/web/20111022082656/http://www.socialedge.org/blogs/samasourcing/archive/2009/08/25/microwork-and-microfinance|archive-date=2011-10-22|url-status=dead}}</ref><ref>{{Cite news|url=https://www.economist.com/blogs/schumpeter/2011/04/digital_economy|title=Jobs of the future|date=2011-04-07|newspaper=The Economist|issn=0013-0613|access-date=2016-10-26}}</ref><br />
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Annotators can browse through existing tasks and complete them in exchange for points, the points can be further exchanged for vouchers on online e-commerce sites such as [[Flipkart]], [[Amazon.com|Amazon(India)]] and [[Paytm]].<br />
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== History ==<br />
Playment was founded in August 2015 by Siddharth Mall, Ajinkya Malasane, and Akshay Lal, alumnus of [[Indian Institute of Technology Kharagpur|Indian Institute of Technology Kharagapur]], [[Indian Institute of Technology Guwahati]] and [[Indian Institute of Technology Kharagpur|Indian Institute of Technology Kharagapur]] respectively.<ref name=":0">{{Cite web|url=http://www.dealstreetasia.com/stories/india-dealbook-playment-raises-funding-from-saif-adani-buildtraders-mps-in-ma-news-46384/|title=Playment raises funding; Adani, BuildTraders & MPS in M&A|website=www.dealstreetasia.com|access-date=2016-10-26}}</ref> They worked at [[Flipkart|Flipkart.com]] as Senior Business Analysts, and left to create their new company Playment. On July 2, 2016, Playment run by Crowdflux Technology Pvt Ltd raised $700k Seed capital in funding from SAIF Partners<ref name=":0" /><ref>{{Cite news|url=http://www.business-standard.com/article/pti-stories/saif-partners-invests-rs-4-7-cr-in-playment-116070200582_1.html|title=Saif Partners invests Rs 4.7 cr in Playment|agency=Press Trust of India|date=2016-07-02|newspaper=Business Standard India|access-date=2016-10-26}}</ref><br />
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Playment was acquired by TELUS International in July 2021.<ref>{{Cite news|url=https://www.telusinternational.com/investors/news/telus-international-acquires-playment?INTCMP=ti_investors/news-events_news-events_to_telus-international-acquires-playment|title=TELUS International acquires Playment, firmly staking its leadership in the global data annotation market|date=2021-07-21|access-date=2023-04-24}}</ref><br />
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== Services ==<br />
[[Training, test, and validation sets|Training Data]] for [[Machine learning|Machine Learning]], [[Automatic image annotation|Image annotation]] & Data labeling for [[Computer vision|Computer Vision]], and more.<br />
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== See also ==<br />
* [[Amazon Mechanical Turk]] <br />
* [[CrowdFlower]]<br />
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==References==<br />
{{reflist}}<br />
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== Further reading ==<br />
*http://timesofindia.indiatimes.com/venture-capital/SAIF-Partners-invests-Rs-4-7-Cr-in-Playment/articleshow/53022130.cms<br />
*https://inc42.com/flash-feed/playment-funding/<br />
*http://www.business-standard.com/article/pti-stories/saif-partners-invests-rs-4-7-cr-in-playment-116070200582_1.html<br />
*https://techcrunch.com/2017/02/13/playment-gives-companies-on-demand-workers-to-analyze-data-using-mobile-devices/<br />
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== External links ==<br />
* {{official website|playment.io}}<br />
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{{Telus}}<br />
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[[Category:Internet properties established in 2015]]<br />
[[Category:Indian companies established in 2015]]<br />
[[Category:Telus]]<br />
[[Category:2021 mergers and acquisitions]]<br />
[[Category:Crowdsourcing]]</div>NamVanwagenen