Maino.ai Secures $1.8 Million Funding to Fuel Martech Platform Growth

Maino.ai, a digital marketing technology company, has successfully secured funding of Rs 15 crore (approximately $1.8 million) in a funding round led by India Quotient Advisers LLP. The round also saw participation from prominent angel investors, including Karan Bedi and Janhavi Parikh, alongside other notable investors.

Investing in Growth: Expanding Teams and Capabilities

Maino.ai intends to utilize the newly acquired capital to significantly expand its teams across various critical areas. This includes bolstering its workforce in technology, product development, design, and strategy. This strategic investment will empower the company to enhance its platform’s functionalities and cater to the evolving needs of its clientele.

Revolutionizing Marketing with AI

Founded by a trio of visionaries – Abhijeet Kunwar, Rishabh Kumar, and Vikas Keshri – Maino.ai is dedicated to empowering modern businesses of all sizes with cutting-edge digital growth marketing solutions. The company leverages artificial intelligence (AI) and machine learning (ML) technologies to create a comprehensive and automated marketing technology (martech) platform. This user-friendly platform offers a one-stop solution, streamlining all aspects of an organization’s marketing efforts.

Market Traction and Promising Future

Maino.ai has garnered significant interest from brands across diverse sectors, including media technology, direct-to-consumer (D2C) companies, hospitality, and the educational technology (edtech) space. The company boasts a proven track record of enhancing efficiency and scalability for its clients, solidifying its position as a frontrunner in the martech industry.

India Quotient: A Leading Investment Force

India Quotient Advisers LLP, the lead investor in this funding round, is a well-established venture capital firm. They launched their fourth fund, valued at a staggering $80 million, in February 2021. Their portfolio boasts a lineup of successful companies, including WebEngage, Dhiwise, Vyapar, Pagarbook, Fleetx, Powerplay, Brands.live, and GoComet, among others. This investment from a renowned firm signifies the industry’s confidence in Maino.ai’s innovative martech platform and its potential to disrupt the marketing landscape.