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Nitro Commerce raises $5 Mn in Series A led by Cornerstone Ventures

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Nitro Commerce raises $5 Mn in Series A led by Cornerstone Ventures
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New Delhi-based Nitro Commerce, an AI-powered growth platform for Indiaโ€™s digital consumer economy, has raised $5 million in a full-equity Series A funding round. The round was led by Cornerstone Ventures, with participation from India Accelerator & Finvolve, Equentis Wealth Advisory Services, Grand Anicut Angel Fund, Razorpay Ventures, Rukum Sitara Fund, and Ankurit Capital. Nitro Commerce plans to deploy the fresh capital toward platform-led growth, team expansion, strengthening AI and agentic capabilities, and scaling its international footprint. Founded by Umair Mohammad, Shamail Tayyab, and Pratik Anand, Nitro Commerce is building an AI-led growth operating layer for consumer brands across D2C, quick commerce, marketplaces, and retail. The company said the funding comes amid strong traction, with its revenue growing 10x year-on-year, reaching $5 million ARR within 12 months, and targeting $10 million ARR over the next six months. Nitro aims to address rising customer acquisition costs and fragmented attribution in Indiaโ€™s rapidly expanding consumer economy by unifying identity, intent, engagement, and attribution into a single growth layer. Its platform includes NitroX, a commerce identity network that converts anonymous users into identifiable customers; Nitro Ads, an intent-led alternative advertising platform activating audiences beyond traditional ad ecosystems; and Nitro Pulse, an AI-driven sales and engagement engine focused on improving conversions and recovering demand. The platform is currently used by more than 2,500 brands, including Imagine Online, Rare Rabbit, Dot & Key, Pepperfry, Blue Tokai, VIP Industries, and Neemanโ€™s.

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