About Antuit AI
Antuit AI is a Retail company based in Dallas (United States) founded in 2013, and was acquired by Zebra in August 2021. It operates as an AI-based omnichannel solutions are delivered for retail businesses. Antuit AI has raised $115 million across 3 funding rounds from investors including Zebra, Goldman Sachs and Zodius. The company has 115 employees. Antuit AI has completed 2 acquisitions, including Antuit.ai and Marketwell. Its chief executive is Sivakumar Lakshmanan. Its website antuit.ai draws about 28 thousand monthly visits. Its Indian entity Antuit India Private Limited reported revenue of ₹41.64 Cr. Antuit AI offers products and services including Demand Modeling Studio, Inventory Ordering, Predictive Ordering, and Lifecycle Pricing. Its focus areas include In Store Retail Tech and Omnichannel Solutions. Its competitors include PredictSpring, NewStore, Arzooo, ZopSmart and Vinculum Solutions and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Antuit AI was established in 2013 and is headquartered in Dallas, United States. Operations focus on the retail sector, where AI-driven omnichannel solutions are developed. Services encompass demand forecasting, planning, revenue management, supply chain analysis, marketing, pricing, merchandising, and personalization to support business functions.
- Annual Revenue₹41.64 Cr
FY 2024 · -19% YoY
- Net Profit₹4.77 Cr
FY 2024 · 11% margin
- EBITDA₹7.21 Cr
FY 2024 · 17% margin
- Total Equity Funding$115M (USD)
in 3 rounds
- Latest Funding Round$56M (USD), Series A
Jan 2015
- InvestorsZebra
& 2 more
- Employee Count115
- Investments & AcquisitionsAntuit.ai
& 1 more
- Acquired byZebra
(Aug 2021)
Associated legal entities of Antuit AI
Antuit AI is associated with 2 registered companies on The Company Check; the primary company is Antuit India Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Antuit India Private Limited CIN U72300KA2013FTC077548 | Active | 10 Jun 2013 | Bangalore, Karnataka | ₹41.6 Cr | 115 | 2 | View details |
| Symbol Technologies India Private Limited CIN U72200KA2000PTC095239 | Active | 12 May 2000 | Bangalore, Karnataka | ₹692 Cr | 659 | 3 | View details |
Products & Services of Antuit AI
Antuit AI offers a comprehensive portfolio of products and services, including Demand Modeling Studio, Inventory Ordering, Predictive Ordering, and Lifecycle Pricing.
AI tool for predictive demand analysis and modeling in retail.
System for optimizing inventory orders based on AI predictions.
AI-driven solution for forecasting and automating order processes.
Platform for dynamic pricing and analysis in merchandising.
Apps and channels of Antuit AI
its YouTube channel Antuit (now part of Zebra Technologies) has 243 subscribers and 2 videos.
Videos from Antuit AI
The most watched videos on Antuit AI's YouTube channel, Antuit (now part of Zebra Technologies) (243 subscribers). Click a video to play it here.
Funding Insights of Antuit AI
Antuit AI has successfully raised a total of $115M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $56 million completed in January 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $115M
- Total Rounds 3
- Last Round Series A — $56M
- First Round $3M
(Aug 2013)
- Investors Count 2
All 3 funding rounds of Antuit AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2015 | $56M | Series A | – | – | |
| Jan 2015 | $56M | Series B | – | – | |
| Aug 2013 | $3M | Seed | – | Zodius | – |
3 investors in total: 3 institutional.
Investors in Antuit AI
Antuit AI has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Zebra, Goldman Sachs and Zodius.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm investing in India | 2011 | zodius.com | Mumbai, India | |
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Zebra Technologies is recognized for providing intelligent operation solutions globally. | 1969 | zebra.com | Lincolnshire, United States |
Investor details for Antuit AI
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Board of directors of Antuit India Private Limited (Antuit AI)
Antuit India Private Limited is the primary company behind Antuit AI. The boards of the 2 registered companies of Antuit AI currently have 3 directors; the longest-serving is Vinod Kumar Ramankutty, appointed in 2019. 33 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vinod Kumar Ramankutty DIN 08181852 | Director | 11 Jan 2019 | 7 yrs 9 mo | Symbol Technologies India Private Limited, Antuit India Private Limited |
| Loke Weng Hong Adrian DIN 08905248 | Director | 10 Feb 2021 | 5 yrs 8 mo | Symbol Technologies India Private Limited, Antuit India Private Limited |
| Loke Heong DIN 09826279 | Director | 31 Dec 2022 | 3 yrs 9 mo | Symbol Technologies India Private Limited |
People of Antuit AI
910 people are tracked at Antuit AI (206 in leadership, 8 in board & advisors, 696 in team); the tracked headcount is 115.
| Name | Role | Group |
|---|---|---|
Sivakumar Lakshmanan | CEO | Leadership |
Silvia Montealegre | Finance Director | Leadership |
Andres Boullosa | Director Of Supply Chain-warehouse Global Vertical Strategy | Leadership |
Bill Burns | CEO | Leadership |
Jeff Schmitz | Chief People Officer | Leadership |
Cristen Kogl | Chief Legal Officer, General Counsel, and Corporate Secretary | Leadership |
Tamara Froese | Chief Supply Chain Officer | Leadership |
David Fortes | Director Operational Excellence | Leadership |
Tom Lee | Director Sales Engineering | Leadership |
Andy Ludwick | Director | Leadership |
Madhur Sarin | Director - AI Strategy & Product | Leadership |
Robert Skoblicki | Sales Director | Leadership |
Stacy Clay | Director Of Channel Sales - Western Region | Leadership |
Anand Mk | Director - Software Engineering | Leadership |
Patrick Brennan | Director Of Finance - Global Supply Chain And Repair (gscr) | Leadership |
Doug Perry | Director, EMC Systems Engineering | Leadership |
Andrea Mirabile | Global Director Of Artificial Intelligence | Leadership |
Kent Landry | Director Of Sales, Location Solutions - North America | Leadership |
Vimal Chawla | Head Regulatory Compliance, Policy, Spectrum & Government Affairs | Leadership |
Andy Zosel | Sr. Vice President & GM Intelligent Automation | Leadership |
890 more people are available in the full profile.
Complete people profiles for Antuit AI
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Financials of Antuit AI
Figures of Antuit India Private Limited, the primary company behind Antuit AI, for FY 2024. Revenue was ₹41.64 Cr (-19% year on year). Net profit was ₹4.77 Cr (11% margin). EBITDA was ₹7.21 Cr (17% margin). Revenue has grown at a compounded annual rate of +6% over three years and -2% over five years.
- ₹41.64 CrRevenue · FY 2024 · -19% YoY
- ₹4.77 CrNet profit · 11% margin
- ₹7.21 CrEBITDA · 17% margin
- ₹59.1 LakhPaid-up capital
- 115Employees (provident fund records)
- +6%Revenue CAGR, 3 years
- -2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Antuit India Private Limited are on its company page.
Detailed financial statements for Antuit AI
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Antuit AI
Antuit AI has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Antuit.ai and Marketwell.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Advanced analytics are delivered to retailers and CPG companies. | prognosinc.com | Chicago, United States | 2007 | Apr 2015 | •••• | |
Analytics services for customer lifecycle management are provided. | marketwell.com | New York, United States | 1996 | Jul 2013 | •••• |
Complete acquisition details for Antuit AI
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Timeline of Antuit AI
6 dated milestones of Antuit AI across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Antuit AI is founded.
- Acquisition Acquires Marketwell.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Series A, of $56.0M.
- Acquisition Acquires Antuit.ai.
- Exit Acquired by Zebra.
Competitors of Antuit AI
Antuit AI has 9 listed competitors in our database, 9 of them funded. They include PredictSpring, NewStore, Arzooo, ZopSmart and Vinculum Solutions, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| predictspring.com | 2013 | Los Altos, United States | $30.25M | 36 | Mobile commerce platforms are provided for offline retail businesses. | |
| newstore.com | 2015 | Boston, United States | $173.25M | 63 | Omnichannel platform is provided for retail fulfillment and customer engagement. | |
| arzooo.com | 2016 | Bengaluru, India | $89.75M | 109 | Technology platform for retail management and electronics trading is provided. | |
| zopsmart.com | 2011 | Bengaluru, India | $12.86M | 464 | Omni-channel solutions are provided for offline businesses. | |
| vinculumgroup.com | 2007 | Noida, India | $23.41M | 324 | Cloud-based end-to-end eCommerce and retail solutions are provided. | |
| stores.jp | 2004 | Shibuya, Japan | $20.42M | – | Omnichannel software solutions are provided for in-store retail operations. | |
| leapinc.com | 2018 | New York, United States | $197.74M | – | Omnichannel branding solutions are delivered for retail stores. | |
| st.inc | 2012 | Shibuya, Japan | $73.18M | – | Omnichannel software solutions are provided for in-store retail businesses. | |
| analyticalwizards.com | 2015 | Somerville, United States | $3M | 695 | Omni-channel marketing analytics platform |
Detailed competitors of Antuit AI
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Antuit AI
The website of Antuit AI (antuit.ai) receives about 28.1K visits a month.
- Monthly visits28.1K
▼ 3.1% vs previous month
Top companies in Autonomous & In-Store Retail Tech
10 companies that operate in the same segment as Antuit AI (Autonomous & In-Store Retail Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | 4,683 | |
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | – | 576 | |
App-based bookkeeping solutions are offered for small business management. | 2018 | Bengaluru, Karnataka, India | USD 186.62 M | USD 165.88 K | – | |
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | USD 24.19 B | 6,214 | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | – | 2,684 | |
Retail intelligence platform is developed for brands and B2B retailers. | 2008 | Bengaluru, Karnataka, India | USD 21.11 M | USD 7.69 M | 345 | |
Point-of-sale financing is enabled for installment purchases at partnered retailers. | 2016 | Minneapolis, Minnesota, United States | USD 17.51 M | USD 450.28 M | 408 | |
Loyalty management solutions are provided for offline retail stores. | 2012 | San Francisco, California, United States | USD 23.1 M | – | 23 | |
Mobile apps enable real-time retail data collection by field teams. | 2011 | Denver, Colorado, United States | USD 71 M | – | – | |
Unified platform for retail and supply chain planning is offered. | 2005 | Helsinki, Uusimaa, Finland | USD 816.41 M | USD 247.75 M | 2,302 |
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Related news about Antuit Ai
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Frequently Asked Questions about Antuit AI
Antuit AI was founded in 2013.
Antuit AI is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Sivakumar Lakshmanan is the current CEO of Antuit AI.
Antuit AI is a funded company, having raised a total of $115M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Aug 2013.
Antuit AI has 115 employees.
The primary company behind Antuit AI, Antuit India Private Limited, reported revenue of ₹41.64 Cr for FY 2024, down 19% year on year.
Antuit AI was established in 2013 and is headquartered in Dallas, United States. Operations focus on the retail sector, where AI-driven omnichannel solutions are developed. Services encompass demand forecasting, planning, revenue management, supply chain analysis, marketing, pricing, merchandising, and personalization to support business functions.
Antuit AI's top competitors include PredictSpring, NewStore and Arzooo.
Antuit AI offers Demand Modeling Studio, Inventory Ordering, Predictive Ordering, and Lifecycle Pricing.
Antuit AI has made 2 acquisitions, including Antuit.ai, and Marketwell.
Antuit AI has 3 investors. Key investors include Zebra, Goldman Sachs, and Zodius.
Antuit AI is associated with 2 legal entities: Antuit India Private Limited, Symbol Technologies India Private Limited.