Summary:

  • Maino.ai was founded by Abhijeet Kunwar, Rishabh Kumar, and Vikas Keshri with the vision of revolutionizing digital growth marketing.

  • The round is led by India Quotient Advisers LLP.

  • The company leverages advanced AI and ML technologies to create a comprehensive automated martech platform.

Maino.ai, a digital marketing technology firm, has successfully secured $1.8 million in a funding round spearheaded by India Quotient Advisers LLP. The round also saw participation from prominent angel investors, including Karan Bedi, Janhavi Parikh, and other distinguished backers.

The fresh capital infusion will be pivotal for Maino.ai as it plans to significantly bolster its teams across technology, product development, design, and strategy, according to a press release issued by the company.

Maino.ai was founded by Abhijeet Kunwar, Rishabh Kumar, and Vikas Keshri with the vision of revolutionizing digital growth marketing for modern companies of all sizes. The company leverages advanced AI and ML technologies to create a comprehensive automated martech platform that serves as a one-stop solution for an organization’s marketing requirements. This innovative platform is designed to streamline and enhance the efficiency of marketing operations, making it easier for businesses to scale their marketing efforts.

Since its inception, Maino.ai has attracted considerable attention and gained significant traction from brands across diverse sectors such as media tech, direct-to-consumer (D2C) brands, hospitality, and educational technology (edtech). The company claims that its platform has significantly improved efficiency and scalability for its clients, demonstrating the potential and impact of its technology in the marketing technology (martech) space.

India Quotient, the lead investor in this funding round, is a well-known venture capital firm that focuses on early-stage investments. The firm launched its fourth fund, worth $80 million, in February 2021. India Quotient has a robust portfolio that includes notable companies such as WebEngage, Dhiwise, Vyapar, Pagarbook, Fleetx, Powerplay, Brands. live, and GoComet, among others. The firm’s investment in Maino.ai reflects its confidence in the startup’s innovative approach and its potential to disrupt the martech industry.

Maino.ai’s platform stands out by offering an end-to-end solution that integrates various aspects of digital marketing, from customer acquisition to engagement and retention. The use of AI and ML technologies allows the platform to automate complex marketing processes, providing businesses with data-driven insights and personalized marketing strategies that are tailored to their specific needs.

By enhancing its technology and expanding its teams, Maino.ai aims to further develop its platform and expand its market reach. The company is focused on delivering value to its clients by continuously innovating and improving its offerings. This includes investing in research and development to stay ahead of industry trends and incorporating the latest advancements in AI and ML into its platform.

The participation of prominent angel investors like Karan Bedi and Janhavi Parikh, along with other marquee investors, underscores the strong belief in Maino.ai’s vision and growth prospects. These investors bring a wealth of experience and strategic insights that will be invaluable as the company navigates its next phase of growth.

In summary, the Rs 15 crore funding round led by India Quotient Advisers LLP, with participation from notable angel investors, marks a significant milestone for Maino.ai. The investment will enable the company to enhance its technological capabilities, expand its team, and further develop its innovative martech platform. With its advanced AI and ML-driven solutions, Maino.ai is well-positioned to transform digital growth marketing and deliver exceptional value to businesses across various sectors