🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Grexa AI Bags Funding To Automate Marketing For Enterprises

Inc42 · 3d ago

Grexa AI Bags Funding To Automate Marketing For Enterprises

Grexa AI, founded by the creators of Testbook, has raised $1.8 million in seed funding led by Offline Club founder Utsav Somani, along with participation from DeVC, Bharat Founders Fund, Vernalis Capital, and several angel investors. The funds will support product development and market expansion. Grexa AI provides digital marketing solutions for small businesses using its autonomous AI platform, built to enhance and automate marketing efforts efficiently.

1

Related News

Marketing platform Grexa AI raises $1.85 Mn in seed round

Entrackr

Entrackr · 3d ago

Marketing platform Grexa AI raises $1.85 Mn in seed round

Marketing platform Grexa AI has raised Rs 15.5 crore (approximately $1.85 million) in a seed funding round led by Utsav Somani. The round also witnessed participation from DeVC (Z47’s seed fund), Bharat Founders Fund, and individual investors like Revant Bhate, Vaibhav Domkundwar, Ramakant Sharma, and Sumit Gupta. The proceeds will be utilized for product innovation and enhance market reach, Grexa said in a press release. Co-founded in 2024 by Ashutosh Kumar, Ayush Varshney, Arpit Oswal, and Narendra Agrawal, Grexa AI provides enterprise-level digital marketing capabilities in a simple and accessible way, leveraging AI to automate and optimize various marketing tasks. The Thane-based company focuses on building an AI-powered platform that integrates local SEO, social media, online ads, and website management for small businesses. The platform is specifically designed to address the needs of small businesses in India, who may lack the technical skills or resources to effectively manage their online presence. According to Grexa AI, it delivers full-funnel, always-on marketing through an autonomous AI engine and it’s already being used by over 21,600 businesses across salons, clinics, gyms, cafés, and more. The platform aspires to reimagine digital growth for India’s over 6 crore small businesses by eliminating the need for agencies, freelancers, or complex tools—bringing full-funnel, autonomous marketing into one simple app.

Budy Bags $4.2 Mn To Simplify Sales & Marketing For Businesses

Inc42 · 9m ago

Budy Bags $4.2 Mn To Simplify Sales & Marketing For Businesses

Budy, an AI-driven sales and marketing software stack management platform, has raised funding to strengthen its AI capabilities. Founded by Samay Kohli, Budy aims to simplify the deployment and management of software stacks for enterprises. The funding comes at a time when India's GenAI market is expected to grow significantly and reach a value of over $17 billion by 2030.

Spend management startup Dice raises $5 million from Dallas Venture Capital India Fund

Economic Times

Economic Times · 1y ago

Spend management startup Dice raises $5 million from Dallas Venture Capital India Fund

Enterprise spend management platform Dice has raised $5 million in a Series A funding round led by Dallas Venture Capital. The funds will be used for go-to-market initiatives, including enhancing market penetration, broadening customer outreach, optimizing sales and marketing strategies, and improving artificial intelligence capabilities. Dice leverages AI to automate and improve enterprise processes, and currently serves 75 enterprises, achieving an annual recurring revenue of $1.5 million. The company's major clients include Bajaj Electricals, Piramal Enterprises, and IDFC First Bank.

With AI co-workers, PaaS firm E42.ai is making enterprises intelligent

YourStory

YourStory · 1y ago

With AI co-workers, PaaS firm E42.ai is making enterprises intelligent

E42.ai is a PaaS (Platform-as-a-Service) company that leverages AI to create AI co-workers for enterprises. Their NLP-based solution incorporates Cognitive Process Automation (CPA) to automate routine tasks, make decisions, and handle complex processes involving unstructured data. The platform offers automation in domains such as marketing, HR, finance, customer service, IT operations, and legal. E42.ai has a diverse clientele, including Accenture, Kotak Mahindra Bank, and McDonald's. The company generates revenue through AI co-worker and platform licenses. They recently raised $5.4 million in Series A funding.

Nanonets Bags $29 Mn For R&D, Market Expansion

Inc42 · 1y ago

Nanonets Bags $29 Mn For R&D, Market Expansion

AI-based workflow automation platform Nanonets has secured $29 million in Series B funding, led by Accel. The startup plans to use the funds for research and development, improving algorithms for handling unstructured data, and launching new products. Nanonets helps businesses automate workflow processes by leveraging AI, allowing them to digitize documents, validate information, update databases, and execute decisions without human intervention. The company claims to achieve over 90% straight-through processing rate, leading to significant productivity and cost savings. Nanonets previously raised $10 million in a Series A funding round in 2022.

Sparx wants to do for enterprise what Truebill did for consumer recurring bills

TechCrunch · 1y ago

Sparx wants to do for enterprise what Truebill did for consumer recurring bills

Sparx, a startup aiming to help enterprises manage their financial operations, has raised $3.1 million in seed funding. The company offers a free suite of automated tools that identify areas of non-usage or overspending in recurring expenses, covering SaaS, cloud, and insurance expenses. Sparx aims to automate workload and implement cost-saving measures, ultimately saving customers an average of 54%. The company has reached profitability and has over 100 business customers, including BMW and Zillow. The funding will be used for scaling operations and marketing efforts.

Sales Execution Platform Kanlet Raises $400,000 In Pre-Seed Funding Led By Suvan Ventures

OutlookIndia

OutlookIndia · 1y ago

Sales Execution Platform Kanlet Raises $400,000 In Pre-Seed Funding Led By Suvan Ventures

Kanlet, an AI-driven sales execution platform, has secured $400,000 in pre-seed funding. Its platform helps B2B sales teams enhance lead generation and revenue growth by combining various types of data using advanced AI technology. This enables sales and marketing teams to create better strategies, personalize outreach, and automate actions based on buyer intent and relevant triggers. The funding will be used for product development, sales, marketing, and talent acquisition. The Global Sales Intelligence market is predicted to reach $17.11 billion by 2030, signifying a significant growth opportunity for Kanlet in the future.

Reo.Dev Bags Funding To Provide Sales Intelligence

Inc42 · 1y ago

Reo.Dev Bags Funding To Provide Sales Intelligence

Marketing stack provider Reo.Dev has raised $1.2 million in a pre-seed funding round led by India Quotient. The startup, founded by Achintya Gupta, Gaurav Jain, and Piyush Agarwal, aims to use the capital to accelerate product development and scale up its intel and AI capabilities. Reo.Dev offers an AI-powered marketing stack for developer-focused companies, decoding developer activities and intent signals to help businesses shape their sales strategy. The company already has a global customer base, including open-source companies like Lightbend, Unleash, and Outerbonds.

AR/VR Startup AutoVRse Bags Seed Funding From Lumikai

Inc42 · 1y ago

AR/VR Startup AutoVRse Bags Seed Funding From Lumikai

Virtual reality (VR) and augmented reality (AR) startup AutoVRse has raised $2 million in a seed funding round led by Lumikai. The funds will be used to enhance its enterprise product, VRseBuilder. The round also saw participation from Rajat Monga, cofounder of TensorFlow, Yash Kotak, founder of Jumper.ai, and Dhiraj Bansal, MD of Accenture. AutoVRse develops customized VR/AR applications for enterprises, with a focus on experiential marketing, training, and design reviews. The company also launched a multiplayer VR game called District M. The funding will support AutoVRse's expansion efforts in the US, product development, and team growth.

GenAI to assume 30% of traditional marketing's mundane tasks by 2027: report

Economic Times

Economic Times · 1y ago

GenAI to assume 30% of traditional marketing's mundane tasks by 2027: report

According to a report, AI-powered platforms like GenAI are expected to undertake around 30% of traditional marketing tasks by 2027. This shift towards AI technology could revolutionize the way marketing is done, freeing up time for marketers to focus on more strategic and creative aspects. With advancements in AI, businesses may be able to automate mundane tasks, improve efficiency, and deliver more personalized and targeted marketing campaigns.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Download the medial app to read full posts, comements and news.