# Playment

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**Playment** is an Indian [data labeling](/source/Data_labeling) platform which helps [machine learning](/source/Machine_learning) engineers build high quality ground truth datasets for training and validating machine learning models. It breaks down large problems into [micro-tasks](/source/Microtasking) and distributes among its large community of trained annotators. It works on the principle of [microwork](/source/Microwork), where a series of small tasks which together comprise a large unified project, and are completed by many people over the [Internet](/source/Internet).[1][2]

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](/source/Flipkart), [Amazon(India)](/source/Amazon.com) and [Paytm](/source/Paytm).

## History

Playment was founded in August 2015 by Siddharth Mall, Ajinkya Malasane, and Akshay Lal, alumnus of [Indian Institute of Technology Kharagapur](/source/Indian_Institute_of_Technology_Kharagpur), [Indian Institute of Technology Guwahati](/source/Indian_Institute_of_Technology_Guwahati) and [Indian Institute of Technology Kharagapur](/source/Indian_Institute_of_Technology_Kharagpur) respectively.[3] They worked at [Flipkart.com](/source/Flipkart) 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[3][4]

Playment was acquired by TELUS International in July 2021.[5]

## Services

[Training Data](/source/Training,_test,_and_validation_sets) for [Machine Learning](/source/Machine_learning), [Image annotation](/source/Automatic_image_annotation) & Data labeling for [Computer Vision](/source/Computer_vision), and more.

## See also

- [Amazon Mechanical Turk](/source/Amazon_Mechanical_Turk)
- [CrowdFlower](/source/CrowdFlower)

## References

1. ["socialedge.org"](https://web.archive.org/web/20111022082656/http://www.socialedge.org/blogs/samasourcing/archive/2009/08/25/microwork-and-microfinance). Archived from [the original](http://www.socialedge.org/blogs/samasourcing/archive/2009/08/25/microwork-and-microfinance) on 2011-10-22.

1. ["Jobs of the future"](https://www.economist.com/blogs/schumpeter/2011/04/digital_economy). *The Economist*. 2011-04-07. [ISSN 0013-0613](https://www.worldcat.org/issn/0013-0613). Retrieved 2016-10-26.

1. ["Playment raises funding; Adani, BuildTraders & MPS in M&A"](http://www.dealstreetasia.com/stories/india-dealbook-playment-raises-funding-from-saif-adani-buildtraders-mps-in-ma-news-46384/). *www.dealstreetasia.com*. Retrieved 2016-10-26.

1. ["Saif Partners invests Rs 4.7 cr in Playment"](http://www.business-standard.com/article/pti-stories/saif-partners-invests-rs-4-7-cr-in-playment-116070200582_1.html). *Business Standard India*. Press Trust of India. 2016-07-02. Retrieved 2016-10-26.

1. ["TELUS International acquires Playment, firmly staking its leadership in the global data annotation market"](https://www.telusinternational.com/investors/news/telus-international-acquires-playment?INTCMP=ti_investors/news-events_news-events_to_telus-international-acquires-playment). 2021-07-21. Retrieved 2023-04-24.

## Further reading

- [http://timesofindia.indiatimes.com/venture-capital/SAIF-Partners-invests-Rs-4-7-Cr-in-Playment/articleshow/53022130.cms](http://timesofindia.indiatimes.com/venture-capital/SAIF-Partners-invests-Rs-4-7-Cr-in-Playment/articleshow/53022130.cms)
- [https://inc42.com/flash-feed/playment-funding/](https://inc42.com/flash-feed/playment-funding/)
- [http://www.business-standard.com/article/pti-stories/saif-partners-invests-rs-4-7-cr-in-playment-116070200582_1.html](http://www.business-standard.com/article/pti-stories/saif-partners-invests-rs-4-7-cr-in-playment-116070200582_1.html)
- [https://techcrunch.com/2017/02/13/playment-gives-companies-on-demand-workers-to-analyze-data-using-mobile-devices/](https://techcrunch.com/2017/02/13/playment-gives-companies-on-demand-workers-to-analyze-data-using-mobile-devices/)

## External links

- [Official website](http://playment.io)

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Adapted from the Wikipedia article [Playment](https://en.wikipedia.org/wiki/Playment) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Playment?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.