ParallelDots offers AI-based application programming interfaces (APIs) to analyse large amounts of unstructured textual content. Its API suite includes social sentiment analysis, multilingual analysis, keyword generation, text classification, entity extraction, and semantic, emotion and intent analysis. The company counts NASSCOM, The Indian Express, Vidooly and news app Inshorts among its customers. Management says the fresh funds will be used to ramp up technology, expand operations, and meet working capital requirements. The latest financing increases the company’s total funding to $2 million. The leadership team includes co-founder and CEO Angam Parashar along with co-founders Ankit Narayan Singh and Muktabh Mayank Srivastava.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2017