Led · Series A · Dec 2022

Immensita’s core product, Lemnisk, is a real-time marketing automation platform aimed at improving conversion, retention and growth for enterprises. The platform serves customers in financial services, retail, telecom and hospitality. The company reported revenue of Rs 10 crore in FY22, up from Rs 2.91 lakhs in FY21, while losses were Rs 11.71 crore in the last fiscal year. The startup is two years old and headquartered in Bengaluru. The article does not detail specific future product launches or go-to-market plans beyond its existing enterprise focus. Vizury offers a suite of personalized marketing solutions and a mobile/desktop retargeting product (MobiConvert) powered by a big data platform. The platform processes over 30 terabytes of data daily, includes purchase-intent data on nearly 500 million users and tens of billions of dollars of retail transaction data, and drives proprietary bidding and recommendation algorithms. Vizury’s systems handle over 5 billion daily bid requests to deliver highly personalized 1:1 messages. The company has expanded internationally with offices across Asia, LATAM, the Middle East and other markets and was an early entrant into China. Management says it has grown at a 400% CAGR and is one of the fastest-growing tech companies in Asia. Vizury plans to use new funding to drive product innovation on mobile and cross-channel propositions and to scale operations in existing markets. Vizury is a Bangalore-headquartered digital marketing technology company set up in 2008 that provides a retargeting solution called Visitor Relationship Management (VRM), aimed at e-commerce and online travel companies. The company has a presence across 14 countries with offices in China, Singapore and Australia and serves clients including Snapdeal, Jabong, MakeMyTrip, Virgin Airlines, Expedia, Jet Airways and Cleartrip. Vizury plans to use new funding to strengthen its presence across Asia, Australia and South America and to step up R&D efforts and product innovations. Post-funding, Anupam Rastogi, principal at NGP Advisors India, will join Vizury's board. The company previously raised angel funding in March 2009 and a Series A in October 2010. The recent Series B adds to its financial backing as it pursues international expansion and product development.

Participated · Series A · Sep 2021

Vahan.ai operates an AI-powered platform focused on streamlining hiring, staffing, and payroll management for blue-collar workers. The platform conducts interviews in English and Hindi and plans to expand to other major Indian languages. Vahan.ai has placed over 500,000 workers across 480 cities and serves major companies including Zomato, Swiggy, Flipkart, Zepto, Blinkit, Amazon, Rapido, and Uber. Founded in 2016, the company aims to build a comprehensive platform that offers earning opportunities plus tools, benefits, and support for blue-collar professionals. The company plans to expand into manufacturing and retail and to further enhance its AI capabilities. Vahan recently completed a Series B to support these growth initiatives. Vahan is a technology-driven jobs and livelihood platform that helps blue-collar workers find employment and helps employers source candidates. The company has built tools, including an AI-driven bot on WhatsApp, to recruit workers at large scale and reduce exploitation by middlemen. Its customer base comprises gig-economy companies, with customers including Zomato, Uber, Flipkart, Swiggy, Rapido, Grofer’s, Dunzo and Shadowfax. Vahan currently places 7,000+ blue-collar workers across 200 cities every month. The company intends to use new funding to further scale its recruitment business and build new product offerings for its customer base of gig-economy firms and workers. Vahan is led by founder and CEO Madhav Krishna and is based in Bangalore, India.

Participated · Series A · Sep 2021

Vahan.ai operates an AI-powered recruitment platform focused on placing blue-collar workers, conducting interviews in English and Hindi and matching workers to employers such as Zomato, Swiggy and Amazon. The company has placed over 500,000 workers in more than 480 cities and facilitates roughly 25,000 job placements per month. Vahan plans to use product investment to expand language support to eight major Indian languages and various dialects to reduce language barriers. For the fiscal year ending March 2023 the company reported operating revenue of Rs 29.7 crore and a loss of Rs 17.71 crore; FY24 results were not disclosed and the company expects to double growth in FY25. Vahan faces competition from platforms that have merged or struggled, but has carved a niche in post-pandemic blue-collar hiring. The platform emphasizes reducing hiring costs and turnaround times through AI-driven matching. Vahan.ai uses AI-based technology to match blue-collar job seekers with employers through messaging apps such as WhatsApp. The company has developed an AI chatbot called 'Mitra' that enables employers to hire workers in large volumes across industries. Vahan counts clients including Zomato, Dominos, Shadowfax, Airtel, Grofers, Dunzo, Flipkart and Altruist. Management reports the startup grew 10x during the pandemic and currently places around 7,000 people every month. With the new funding, Vahan plans to further expand its recruitment business and build new product offerings. Its machine learning approach is aimed at reducing worker attrition and increasing overall worker productivity for employers.