Niche AI

Cuttack, India Founded: 2017 • Age: 9 yrs
Platform to train own image libarary

About Niche AI

Niche AI is a Technology company based in Cuttack (India) founded in 2017. It operates as a platform to train own image libarary. Niche AI has raised $195.56 thousand across 2 funding rounds from investors including IIIT Hyderabad, 50k Ventures and Brand Capital. Niche AI was last valued at $718.62 thousand in November 2017. Its focus areas include High Tech, Native AI Infrastructure, Computer Vision and Computer Vision Platform. Its legal entity in India is Nicheai Private Limited (U72900OR2017PTC026826). Its competitors include Koala, Lobe, Vize.it, Jemsoft and StreamLogic and 2 more.

Company details

Niche AI was established in 2017 in Cuttack, India, within the AI sector. A platform is being developed to enable users to create and train personalized image libraries for targeted object recognition tasks. Drag-and-drop functionality is incorporated to support training without requiring coding expertise. Operations remain in stealth mode as of January 2017, focusing on user-accessible computer vision tools.

  • Headquarters Cuttack, India
  • Sectors
    Technology
  • Website niche.ai
  • Legal Name Nicheai Private Limited
  • Date of Incorporation 03 Apr, 2017
  • Jurisdiction Cuttack, Odisha, India
Key Metrics
  • Annual Revenue
    ₹5,710

    FY 2020 · -98% YoY

  • Net Loss
    -₹6.1 Lakh

    FY 2020 · -10612% margin

  • EBITDA
    -₹2.4 Lakh

    FY 2020 · -4260% margin

  • Total Equity Funding
    $195.56K (USD)

    in 2 rounds

  • Latest Funding Round
    $176.29K (USD), Seed

    Nov 2017

  • Investors

Funding Insights of Niche AI

Niche AI has successfully raised a total of $195.56K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $176.29 thousand completed in November 2017. 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 $195,563
  • Total Rounds 2
  • Last Round Seed β€” $176,292
  • First Round $19,271

    (Jul 2017)

  • Investors Count 8

All 2 funding rounds of Niche AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2017$176,292Seed$718,624Brand Capital
Jul 2017$19,271Seed$793,743IIIT Hyderabad
Valuation history

Last known valuation $718,624 (Nov 2017). 8 investors in total: 3 institutional and 5 angel.

Investors in Niche AI

Niche AI has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include IIIT Hyderabad, 50k Ventures and Brand Capital.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investments in early-stage startups are made by Brand Capital.
–brandcapital.co.inMumbai, India
Venture capital firm investing in tech startups
201450kventures.comHyderabad, India
Information technology courses are offered at undergraduate and postgraduate levels.
1998iiit.ac.inHyderabad, India

Sumana Munagala

-
–unknown_586b79817a364d389-

J Krishnamurthi

-
–unknown_eb559ce1cd1b4673b-

Bharat Kapoor

Angel investor and entrepreneur, focused on tech startups in India.
–unknown_f0ded3ba71574931b-

Venkat Ramana

Angel investor and entrepreneur, co-founder of FastFox, active in Indian startup ecosystem
–unknown_b1ba174569904da98-

Venkat Ramana

-
–unknown_032fd107c86d4c3a8-
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Investor details for Niche AI

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Board of directors of Nicheai Private Limited (Niche AI)

Nicheai Private Limited is the primary company behind Niche AI. The board of Nicheai Private Limited currently have 6 directors; the longest-serving is Saurabh Arora, appointed in 2017. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Saurabh Arora
DIN 07197436
Director03 Apr 20179 yrs 6 moNicheai Private Limited
Soham Acharya
DIN 07197444
Managing Director03 Apr 20179 yrs 6 moNicheai Private Limited
Venkatesh Mondi
DIN 07390829
Director03 Apr 20179 yrs 6 moNicheai Private Limited
Josyula Krishnamurthi
DIN 06759534
Director05 Apr 20188 yrs 6 moNicheai Private Limited
Pratyush Prasanna
DIN 03372347
Additional Director05 Apr 20188 yrs 6 moNicheai Private Limited
Ronak Kumar Samantray
DIN 03567723
Additional Director05 Apr 20188 yrs 6 moNicheai Private Limited

Financials of Niche AI

Figures of Nicheai Private Limited, the primary company behind Niche AI, for FY 2020. Revenue was ₹5,710 (-98% year on year). Net loss was -₹6.1 Lakh (-10612% margin). EBITDA was -₹2.4 Lakh (-4260% margin).

  • ₹5,710Revenue · FY 2020 · -98% YoY
  • -₹6.1 LakhNet loss · -10612% margin
  • -₹2.4 LakhEBITDA · -4260% margin
  • ₹10,390Paid-up capital

Balance sheet, profit and loss, cash flow and ratios of Nicheai Private Limited are on its company page.

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Detailed financial statements for Niche AI

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Niche AI

3 dated milestones of Niche AI, from founding to its latest funding, stage changes and deals.

  1. Founded Niche AI is founded.
  2. Funding First funding round of $19K.
  3. Funding Latest funding round, Seed, of $176K.

Competitors of Niche AI

Niche AI has 7 listed competitors in our database. They include Koala, Lobe, Vize.it, Jemsoft and StreamLogic, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
koala.com2015Sydney, Australia––
Brand of luxury home furniture
lobe.ai2016San Francisco, United States––
Custom deep learning models are built using computer vision tools.
vize.ai2017Covent Garden, United Kingdom––
Custom visual recognition APIs are created through an automated platform.
jemsoft.co2013Adelaide, Australia––
Computer vision technologies are developed and provided via trainable APIs.
streamlogic.io2017Burlington, United States––
Delivers a platform for designing and deploying cloud-based computer vision applications.
labell.io2015Hyogo, Japan––
Provides image classification and training platform
ikomia.ai2019La Rochelle, France––
Open-source platform for AI deployment in Computer Vision and development tools.
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Detailed competitors of Niche AI

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Top companies in AI Core Platforms & Infrastructure

10 companies that operate in the same segment as Niche AI (AI Core Platforms & Infrastructure), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Photo editing and sharing apps are developed by Meitu.
2008Xiamen, Fujian, ChinaUSD 525 MUSD 536.99 M719
Platform that provides data analysis and management solutions
2003Denver, Colorado, United StatesUSD 2.46 BUSD 2.87 B5,915
OpenAI is engaged in developing advanced artificial intelligence technologies.
2015San Francisco, California, United StatesUSD 180.07 B–11,115
AI-based system-on-chips are developed for advanced driver assistance systems.
1999Jerusalem, Jerusalem District, IsraelUSD 530 MUSD 1.89 B3,820
AI models and chatbots are offered for industry applications.
2021San Francisco, California, United StatesUSD 132.31 B–6,146
AI and SaaS-based self-driving solutions for autonomous vehicles are provided.
2017Mountain View, California, United StatesUSD 692.62 MUSD 3 M2,619
AI-based conversational solutions are provided for user interactions and learning.
2021Menlo Park, California, United StatesUSD 193 M–325
Analytics and digital solutions for healthcare and banking are provided.
1999New York, New York, United StatesUSD 10 MUSD 2.09 B59,500
Provider of AI-based drone surveillance solutions for defense and maritime sector
2017Orange, California, United StatesUSD 11.29 B–9,670
Citation-based AI answer engine with real-time sourcing is operated.
2022San Francisco, California, United StatesUSD 1.72 B–1,401
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Related news about Niche Ai

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Frequently Asked Questions about Niche AI

Niche AI was founded in 2017.

Niche AI is headquartered in Cuttack, India. It is registered at Cuttack, Odisha, India.

Niche AI is a funded company, having raised a total of $195.56K across 2 funding rounds to date. The company's 1st funding round was a Seed of $19.27K, raised on Jul 2017.

The primary company behind Niche AI, Nicheai Private Limited, reported revenue of β‚Ή5,710 for FY 2020, down 98% year on year.

Niche AI was established in 2017 in Cuttack, India, within the AI sector. A platform is being developed to enable users to create and train personalized image libraries for targeted object recognition tasks. Drag-and-drop functionality is incorporated to support training without requiring coding expertise. Operations remain in stealth mode as of January 2017, focusing on user-accessible computer vision tools.

Niche AI's top competitors include Koala, Lobe and Jemsoft.

Niche AI has 8 investors. Key investors include IIIT Hyderabad, 50k Ventures, Brand Capital, Sumana Munagala, and J Krishnamurthi.

The valuation of Niche AI is $718.62K as of Nov 2017.

Niche AI operates through Nicheai Private Limited.

The legal entities of Niche AI currently have 6 directors, including Josyula Krishnamurthi, Saurabh Arora, Soham Acharya and others.

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