About Merak AI
Merak AI is a company based in Bengaluru (India) founded in 2017 by Vibhor Kalra was acquired by Classplus in June 2020.. Merak AI operates in a competitive market with competitors including IFS, Canto, Cloudinary, Digizuite and Imagen, among others.
- Headquarter Bengaluru, India
- Founders Vibhor Kalra
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Merak Software Solutions Private Limited
- Date of Incorporation 18 Sep, 2017
- Jurisdiction Bangalore, Karnataka, India
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Funding Insights of Merak AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Merak AI
Merak AI has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Classplus. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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White-label online coaching platform is provided for educators.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Merak AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Merak AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Merak Ai Comparisons
Competitors of Merak AI
Merak AI 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 IFS, Canto, Cloudinary, Digizuite and Imagen, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based platform for enterprise digital asset management is provided.
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Digital assets are managed, organized, and shared via cloud platform.
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Cloud-based platform for digital asset management
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Digital asset management solutions are offered for enterprise media handling.
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Imagen is recognized for providing cloud-native media asset management solutions.
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Wedia is recognized for providing scalable Digital Asset Management solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Merak AI
When was Merak AI founded?
Merak AI was founded in 2017.
Where is Merak AI located?
Merak AI is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Merak AI?
Vibhor Kalra is the current CEO of Merak AI. They have also founded this company.
What does Merak AI do?
Merak AI is engaged in the development of artificial intelligence solutions. The specific sectors or applications are not detailed on the site. Further information about their offerings or target markets is not provided. The companys focus appears to be on AI-driven technologies or services.
Who are the top competitors of Merak AI?
Merak AI's top competitors include IFS, Canto and Cloudinary.
Who are Merak AI's investors?
Merak AI has 1 investor. Key investors include Classplus.
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