About RenderNet AI
RenderNet AI is a company based in Bengaluru (India) founded in 2019 by Nakul Kelkar, Bhagaban Behera, and Sriharsha Setty.. RenderNet AI has raised $725 thousand across 2 funding rounds from investors including Leonis Investment and Y Combinator. RenderNet AI operates in a competitive market with competitors including Runware, Recraft, Leonardo Ai, OJI and LiblibAI, among others.
- Headquarter Bengaluru, India
- Founders Nakul Kelkar, Bhagaban Behera, Sriharsha Setty
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Sectors
Media & EntertainmentTechnology
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$725 K (USD)
in 2 rounds
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Latest Funding Round
$125 K (USD), Seed
Jun 01, 2021
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Investors
Leonis Investment
& 1 more
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Employee Count
Employee Count
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Funding Insights of RenderNet AI
RenderNet AI has successfully raised a total of $725K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $125 thousand completed in June 2021. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $125,000
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First Round
First Round
(01 Jun 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Seed - RenderNet AI | Valuation | Leonis Investment |
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| Jun, 2021 | Amount | Seed - RenderNet AI | Valuation | Y Combinator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
Investors in RenderNet AI
RenderNet AI has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Leonis Investment and Y Combinator. 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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Early-stage venture capital fund backed by Gabriel Jarrosson
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by RenderNet 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 - RenderNet AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
Rendernet Ai Comparisons
Competitors of RenderNet AI
RenderNet 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 Runware, Recraft, Leonardo Ai, OJI and LiblibAI, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform offering AI-based art generator for consumers
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| domain | founded_year | HQ Location |
Platform offering AI-powered design tools
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| domain | founded_year | HQ Location |
AI assets are generated using models on an online platform.
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| domain | founded_year | HQ Location |
An AI-based app that enables users to create avatars and artwork easily.
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| domain | founded_year | HQ Location |
Platform for AI drawing and model sharing
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| domain | founded_year | HQ Location |
An AI-powered app for generating images creatively.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about RenderNet AI
When was RenderNet AI founded?
RenderNet AI was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is RenderNet AI located?
RenderNet AI is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is RenderNet AI a funded company?
RenderNet AI is a funded company, having raised a total of $725K across 2 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on Jun 01, 2021.
What does RenderNet AI do?
AI-powered image generation platform. It is a platform that helps to create images for marketing, e-commerce, social media, and more.
Who are the top competitors of RenderNet AI?
RenderNet AI's top competitors include Recraft, Leonardo Ai and Runware.
Who are RenderNet AI's investors?
RenderNet AI has 2 investors. Key investors include Leonis Investment, and Y Combinator.