About Devnagri
Devnagri is a company based in Noida (India) founded in 2019 by Nakul Kundra. Devnagri has raised $1.66 million across 3 funding rounds from investors including Venture Catalysts, LetsVenture and Z Nation Lab. The company has 47 employees as of April 03, 2024. Devnagri offers products and services including DOTA Web, DOTA App, Waani, Document Translation, and Image Translation. Devnagri operates in a competitive market with competitors including Lilt, Unbabel, Reverie Language Technologies, Language I/O and Reverso, among others.
- Headquarter Noida, India
- Employees 47 as on 03 Apr, 2024
- Founders Nakul Kundra
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Devnagri Ai Private Limited
- Date of Incorporation 11 Dec, 2019
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$493.58 K (USD)10.25as on Mar 31, 2023
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Net Profit
-$292.3 K (USD)-288.56as on Mar 31, 2023
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EBITDA
-$217.84 K (USD)-214.28as on Mar 31, 2023
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Total Equity Funding
$1.66 M (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
Venture Catalysts
& 32 more
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Employee Count
47
as on Apr 03, 2024
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Products & Services of Devnagri
Devnagri offers a comprehensive portfolio of products and services, including DOTA Web, DOTA App, Waani, Document Translation, and Image Translation.
Platform for translating websites into multiple languages.
Tool for translating mobile applications efficiently.
Multilingual bot for conversational translations.
Service for translating various document formats.
AI tool for translating text within images.
App for on-the-go image translation services.
API for converting scripts in real-time.
API for automated content translation.
Funding Insights of Devnagri
Devnagri has successfully raised a total of $1.66M across 3 strategic funding rounds. 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.
Investors in Devnagri
Devnagri has secured backing from 33 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Venture Catalysts, LetsVenture and Z Nation Lab.
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Investor details for Devnagri
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Investments & Acquisitions by Devnagri
Investment portfolio details for Devnagri
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Financial Statements - Devnagri
Detailed financials for Devnagri
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Devnagri Comparisons
Peer comparison for Devnagri
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Competitors of Devnagri
Devnagri operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lilt, Unbabel, Reverie Language Technologies, Language I/O and Reverso, among others.
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Cloud-based machine translation tools and services are provided by Lilt.
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AI-based translation platform is provided for multilingual operations.
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AI-powered translation, localization, and voice solutions are provided.
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Translation of support content is automated for customer service agents.
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An online tool for accurate language translation and linguistic support.
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Detailed competitors of Devnagri
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Latest news on Devnagri
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Frequently Asked Questions about Devnagri
Devnagri was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Devnagri is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Devnagri is a funded company, having raised a total of $1.66M across 3 funding rounds to date.
As of Apr 03, 2024, the latest employee count at Devnagri is 47.
Annual revenue of Devnagri is $493.58K as on Mar 31, 2023.
Devnagri was founded in 2019 in Noida, India, as a provider of an AI-powered human translation platform targeted at enterprises. Neural machine translation is integrated with machine learning algorithms and a community-driven approach to enable accurate translations. Operations focus on scaling business translation services through a hybrid AI-human model, supporting global enterprises in multilingual content management.
Devnagri's top competitors include Unbabel, Lilt and Reverie Language Technologies.
Devnagri offers DOTA Web, DOTA App, Waani, Document Translation, and 4 more products and services.
Devnagri has 33 investors. Key investors include Venture Catalysts, LetsVenture, Z Nation Lab, Sat Industries, and Capital Quotient.
The valuation of Devnagri is $8.24M as of Aug 2023.