Nicheai.com

Hyderabad, India Founded: 2016 • Age: 10 yrs Acquired By Ericsson
Provider of specialized AI solutions and models for various niche industries and applications.

About Nicheai.com

Nicheai.com is a Technology company based in Hyderabad (India) founded in 2016, and was acquired by Ericsson in September 2019. Its chief executive, as recorded, is Katherine Ainley. The company was acqui-hired. Its focus areas include High Tech, AI Infrastructure, Computer Vision and Computer Vision Platform. Its legal entity in India is Nicheai Private Limited (U72900OR2017PTC026826).

Company details

Provider of specialized AI solutions and models for various niche industries and applications. It is an early-stage artificial intelligence startup that features in developing AI solutions for niche industries and applications, leveraging technologies such as LLMs and AI agent automation. The company operates in the AI space, creating bespoke chatbots and data-driven tools for various clients.

  • Headquarters Hyderabad, India
  • Stage Acquired
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website nicheai.com
  • Social LinkedIn
  • Acquired by Ericsson (Sep 2019)
  • 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

  • Investors
  • Acquired by
    Ericsson

    (Sep 2019)

Funding Insights of Nicheai.com

  • Total Rounds 1
  • Investors Count 2

All 1 funding rounds of Nicheai.com with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2018Seed–Times Internet, CIE IIITH
–
Valuation history

3 investors in total: 3 institutional.

Investors in Nicheai.com

Nicheai.com has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Times Internet, Ericsson and CIE IIITH.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Startups in deep tech and related fields are supported.
2008cie.iiit.ac.inHyderabad, India
Provider of digital content, advertising solutions, and technology services
1999timesinternet.inGurugram, India
Telecom equipment and software solutions are provided for networks.
1876ericsson.comStockholm, Sweden
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Investor details for Nicheai.com

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Board of directors of Nicheai Private Limited (Nicheai.com)

Nicheai Private Limited is the primary company behind Nicheai.com. 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

People of Nicheai.com

2 people are tracked at Nicheai.com (2 in leadership).

NameRoleGroup
Katherine Ainley
Co-CEOLeadership
Borje Ekholm
Co-CEOLeadership
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Complete people profiles for Nicheai.com

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Financials of Nicheai.com

Figures of Nicheai Private Limited, the primary company behind Nicheai.com, 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 Nicheai.com

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Timeline of Nicheai.com

3 dated milestones of Nicheai.com across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Nicheai.com is founded.
  2. Funding First funding round.
  3. Exit Acquired by Ericsson.
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Related news about Nicheai.Com

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Frequently Asked Questions about Nicheai.com

Nicheai.com was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Nicheai.com is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Katherine Ainley is the CEO of Nicheai.com, as recorded in our data.

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

Provider of specialized AI solutions and models for various niche industries and applications. It is an early-stage artificial intelligence startup that features in developing AI solutions for niche industries and applications, leveraging technologies such as LLMs and AI agent automation. The company operates in the AI space, creating bespoke chatbots and data-driven tools for various clients.

Nicheai.com has 3 investors. Key investors include Times Internet, Ericsson, and CIE IIITH.

Nicheai.com operates through Nicheai Private Limited.

Yes. Nicheai.com was acquired by Ericsson in September 2019.

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

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