About Instore AI
Instore AI was a Technology company based in Bengaluru (India) founded in 2022 by Manoj Nuthakki, Natraj Thangavelu, and Umesh Rangasamy. It provides AI-enabled retail analytics solutions for businesses. It operates on a B2B model. The company has 37 employees. Its chief executive, as recorded, is Umesh Rangasamy. Its Indian entity 42Hertz Software India Private Limited reported revenue of ₹1.9 Lakh. The company is recorded as dissolved. Its focus areas include Software, Retail Analytics and AI Solutions.
Company details
Instore AI operates with a B2B model, focusing on leveraging cutting-edge technology, software, analyzing retail data, and ai solutions. Provides AI-enabled retail analytics solutions for businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Bengaluru, India
- Employees 37
- Founders Manoj Nuthakki, Natraj Thangavelu, Umesh Rangasamy
- SectorsTechnology
- Website instore.ai
- Social LinkedIn
- Legal Name 42Hertz Software India Private Limited
- Date of Incorporation 26 Nov, 2013
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.9 Lakh
FY 2024 · +66% YoY
- Net Loss-₹19 Lakh
FY 2024 · -991% margin
- EBITDA-₹2.3 Lakh
FY 2024 · -122% margin
- Employee Count37
Associated legal entities of Instore AI
Instore AI operates through 42Hertz Software India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| 42Hertz Software India Private Limited CIN U72200KA2013PTC072113 | Active | 26 Nov 2013 | Bangalore, Karnataka | ₹0.0 Cr | 37 | 2 | View details |
Apps and channels of Instore AI
Instore AI publishes 1 mobile app with over 10 downloads.
Board of directors of 42Hertz Software India Private Limited (Instore AI)
42Hertz Software India Private Limited is the primary company behind Instore AI. The board of 42Hertz Software India Private Limited currently have 2 directors; the longest-serving is Sharada Nuthakki, appointed in 2022. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sharada Nuthakki DIN 01228226 | Director | 16 Sep 2022 | 4 yrs 1 mo | 42Hertz Software India Private Limited |
| Sarada Velagapudi DIN 00777848 | Director | 16 Sep 2022 | 4 yrs 1 mo | 42Hertz Software India Private Limited |
People of Instore AI
5 people are tracked at Instore AI (5 in leadership); the tracked headcount is 37.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Natraj Thangavelu | Co-Founder | Leadership |
Umesh Rangasamy | Co-Founder, CEO | Leadership |
Marc Della Torre | Founder & COO | Leadership |
Jay Blazensky | Founder & CEO | Leadership |
Complete people profiles for Instore AI
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Financials of Instore AI
Figures of 42Hertz Software India Private Limited, the primary company behind Instore AI, for FY 2024. Revenue was ₹1.9 Lakh (+66% year on year). Net loss was -₹19 Lakh (-991% margin). EBITDA was -₹2.3 Lakh (-122% margin). Revenue has grown at a compounded annual rate of -50% over three years and -68% over five years.
- ₹1.9 LakhRevenue · FY 2024 · +66% YoY
- -₹19 LakhNet loss · -991% margin
- -₹2.3 LakhEBITDA · -122% margin
- ₹1 LakhPaid-up capital
- 37Employees (provident fund records)
- -50%Revenue CAGR, 3 years
- -68%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of 42Hertz Software India Private Limited are on its company page.
Detailed financial statements for Instore AI
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Web traffic of Instore AI
The website of Instore AI (instore.ai) receives about 2.8K visits a month.
- Monthly visits2.8K
▼ 22.4% vs previous month
Top companies in AI in Retail
3 companies that operate in the same segment as Instore AI (AI in Retail) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Emotion AI platform providing insights for marketing, UX, and consumer behavior analysis. | Bengaluru, Karnataka, India | USD 9.84 M | USD 5.7 M | 153 | ||
AI platform enhances e-commerce sites with personalized responses and sales optimization. | 2016 | Vadodara, Gujarat, India | USD 2.23 M | USD 69.93 K | ||
Offers AI-powered insights for eCommerce analytics, competitor monitoring, and digital shelf optimization. | 2022 | Bengaluru, Karnataka, India | USD 2.07 M | 69 |
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Related news about Instore Ai
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Frequently Asked Questions about Instore AI
Instore AI was founded in 2022.
Instore AI is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Umesh Rangasamy is the CEO of Instore AI, as recorded in our data. They have also founded this company.
Instore AI has 37 employees.
The primary company behind Instore AI, 42Hertz Software India Private Limited, reported revenue of ₹1.9 Lakh for FY 2024, up 66% year on year.
Instore AI operates with a B2B model, focusing on leveraging cutting-edge technology, software, analyzing retail data, and ai solutions. Provides AI-enabled retail analytics solutions for businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Instore AI operates through 42Hertz Software India Private Limited.
The legal entities of Instore AI currently have 2 directors, including Sharada Nuthakki, Sarada Velagapudi.
Yes. Instore AI publishes InStore.ai, with over 10 downloads.