AWPL Unveils New Identity, Changes Name to Candela Labs

Unveils new chatbot solution, announces setting-up of IP labs in target markets

Candela Labs, formerly known as AWPL launched a new corporate identity, reflecting the company’s transition to help enterprises in the insurance and banking industries embrace the transformation to the digital era.

Candela Labs is a leading technology provider in existence for 20+ years, working with top insurers and banks. The company has achieved a growth rate of over 60 percent in the last year, expanding presence in South-East Asia and Africa.

As part of the re-structuring, Candela Labs announced the expansion of the executive team. Vijayakumar Muthiah (formerly with Mphasis), has joined as CFO and Kala Rau (formerly with Wyndham Worldwide) as the Chief People Officer. The new strategy and re-branding initiative is spearheaded by Arsh Maini who joined Candela Labs as Chief Executive and principal shareholder in June 2016.

"Over the last 20 years our automation products have become the process engines for leading insurers and banks.  We believe that true value comes from connecting the dots between enterprise and digital – and that is the journey that we have embarked on.  Candela Labs is committed to providing cutting edge technology products to help insurers and banks streamline operations and improve customer engagement," said Arsh Maini, CEO, Candela Labs.

The new direction will see Candela Labs set up IP labs in Singapore and Johannesburg - to develop solutions that leverage cutting edge technology (including AI and Machine Learning) and solve real world problems.  The company also unveiled a new chatbot solution that enables a smarter dialogue between the financial services provider and their customers.

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