Our Story

We started in 2016 when our co-founders Dr. Mallesh Bommanahal and Mr. Varzavand Batiliwala came together to leverage their expertise in AI and enterprise business in simplifying business processes for the insurance and healthcare industry.

Fast forward to today, i3systems is a leading artificial intelligence and intelligent automation company that provides products for deep automation of highly repetitive & data-intensive processes to help insurers & TPAs unlock their true potential & scale digital operations. All our products have ready-to-use NLP models called PowerBots and are packaged on an intelligent automation platform called PowerAI


Is a low code, integrated, end-to-end intelligent automation platform which provides pre-trained AI models and tremendous flexibility to suit any enterprise deployment requirements.


Is a packaged suite that can consume raw data in the form of unstructured (free-text), semi-structured (invoices), and structured (ID-cards) data in real time.

3 M+
transaction analyzed
Reports & Documents Digitized & Processed
Manual Efforts Saved

Our Values

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Truly AI-Driven

We specialize in deep automation of dark data processes, and do not need elaborate rule set ups or template configurations. In fact, our AI “creates” dynamic rule sets based on its analysis of historical data and decisions.

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Our AI enables a self-learning model that learns from past data and continuously improves decisions for enhanced performance. The longer you work on the solution, the better it gets.

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Specialized Solutions

Our solutions are built for entire industry-wide processes. We do not automate individual tasks or provide generic AI models because we believe such an approach merely changes the problem to be solved and doesn’t actually solve anything.

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Rapid Innovation

Any new processing pipeline to automate a business process can go from concept to production in just 4-6 weeks. All we need is historical data and an understanding of your business process.


Dr. Mallesh Bommanahal

Co-Founder & CEO

Dr. Mallesh Bommanahal the co-founder and CEO of i3systems. In his current role, he is spearheading the company’s growth and leads Product Management, Sales and Strategy functions. Mallesh is a visionary in the intelligent automation space and with his strong expertise in developing AI products. He is actively involved in the development of innovative customer-centric product solutions at i3systems.

Furthermore, as a co-founder, Mallesh works closely with business heads in new deal structuring, pricing and adds his unique perspective on the business expansion plan. Mallesh graduated with a B.Tech and M.Tech from IIT Bombay, and later did a PhD from De Montfort University in Leicester in the UK.

Mr. Varzavand Batliwala


Mr. Varzavand Batliwala is the co-founder of i3systems where he leads customer success, support and guides customers in their digital transformation journey. He has been a driving force at i3systems since inception and drives the company’s vision & strategy.  In his previous role at TVS Capital and TATA Capital he managed Business Strategy, Financial Planning and Market Research.

Varzavand graduated with a B.Tech and M.Tech from IIT Bombay, and later completed the CFA L-3.


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Institutional Investor

Mr. Bahram Navroz Vakil

Mr. Jerxis Vandrevala

Mr. Zhooben Bhiwandiwala

Mr. Alok Agarwal


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MS for startups
MS for startups
MS for startups


At i3systems, several teams work in tandem to build and deliver our products and produce the best results. Take a peek at the working of our close-knit team through their moments of collaboration and enjoyment.

Business Team

Business & Delivery

Product Team

Development & Technology

Data-Science Team

Data Science

Admin Team

Recruitment & Admin

Data Operations team

Data Operations

Company Culture

As we continue to grow as an organization, we also engage in activities that help us strengthen our bond as a team, be it by going on team outings or celebrating festivals together in celebration of our diverse culture.





Team outings