About E42
E42 is a company based in Pune (India) founded in 2012 by Animesh Samuel, Sanjeev Menon, and Sanjeev Nair. E42 has raised $10.72 million across 7 funding rounds from investors including Nava Limited, NB Ventures and Pavestone Capital. The company has 88 employees as of April 04, 2024. E42 offers products and services including E42 Platform, Generative AI, Intelligent Document Processing, and Conversational AI. E42 operates in a competitive market with competitors including UiPath, HyperScience, Hyro, Automation Anywhere and Blue Prism, among others.
- Headquarter Pune, India
- Employees 88 as on 04 Apr, 2024
- Founders Animesh Samuel, Sanjeev Menon, Sanjeev Nair
- 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 Light Information Systems Private Limited
- Date of Incorporation 27 Apr, 2012
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$1.06 M (USD)18.26as on Mar 31, 2023
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Net Profit
-$2.49 M (USD)-284.55as on Mar 31, 2023
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EBITDA
-$1.16 M (USD)-189.25as on Mar 31, 2023
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Total Equity Funding
$10.72 M (USD)
in 7 rounds
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Latest Funding Round
$2.54 M (USD), Series A
Jun 30, 2022
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Investors
Nava Limited
& 4 more
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Employee Count
88
as on Apr 04, 2024
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Products & Services of E42
E42 offers a comprehensive portfolio of products and services, including E42 Platform, Generative AI, Intelligent Document Processing, and Conversational AI.
No-code tool for deploying AI co-workers to handle business tasks
Generates reports and insights from data sources
Extracts and validates data from unstructured documents
Enhances communication through user-friendly interfaces
People of E42
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Funding Insights of E42
E42 has successfully raised a total of $10.72M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $2.54 million completed in June 2022. 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 E42
E42 has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Nava Limited, NB Ventures and Pavestone Capital.
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Venture capital investments in technology and growth sectors are managed by Pavestone.
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Investments in early-stage startups are made by Brand Capital.
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Diversified operations are conducted across multiple industries worldwide.
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Investor details for E42
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Investments & Acquisitions by E42
Investment portfolio details for E42
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Financial Statements - E42
Detailed financials for E42
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E42 Comparisons
Peer comparison for E42
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Competitors of E42
E42 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 UiPath, HyperScience, Hyro, Automation Anywhere and Blue Prism, among others.
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Cloud-based robotic process automation software is developed and provided.
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Document processing is automated through AI-based robotic platforms.
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An AI-based conversational platform is provided for healthcare task automation.
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An AI-based platform for robotic process automation is provided.
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Cloud-based platform for cognitive automation
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Conversational AI platform for enterprises is provided by Avaamo.
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Detailed competitors of E42
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Latest news on E42
Complete news archive for E42
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Frequently Asked Questions about E42
E42 was founded in 2012 and raised its 1st funding round 3 years after it was founded.
E42 is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Animesh Samuel is the current CEO of E42. They have also founded this company.
E42 is a funded company, having raised a total of $10.72M across 7 funding rounds to date.
As of Apr 04, 2024, the latest employee count at E42 is 88.
Annual revenue of E42 is $1.06M as on Mar 31, 2023.
E42 was established in 2012 in Pune, India, within the AI sector. A cognitive process automation platform is offered to support businesses in developing multifunctional agents that handle automation across various functions. Services encompass text analytics, speech analytics, conversational bots, API integration, and deployment tools. Advanced AI agents, driven by generative AI, natural language processing, machine learning, and conversational AI, are utilized to manage tasks throughout enterprise operations.
E42 offers E42 Platform, Generative AI, Intelligent Document Processing, and Conversational AI.
E42 has 5 investors. Key investors include Nava Limited, NB Ventures, Pavestone Capital, Alwin Thankachan, and Brand Capital.
The valuation of E42 is $10.98M as of Jun 2022.