About Rocket AI
Rocket AI is a Technology company based in Pune (India) founded in 2020 by Salil Mehendale. It operates as an AI tools for document processing and workflow automation are provided. Rocket AI has raised $1.2 million across 1 funding round from investors including StartupBay. The company has 1 employees. Its website rocketai.net draws about 11 thousand monthly visits. Rocket AI offers products and services including Document AI, Robotic Process Automation, Video AI, Conversational AI, and ERP & CRM. Its focus areas include Enterprise Applications, Robotic Process Automation, Enhanced Automation and Multi-Industry. Its legal entity in India is Rocketai Solutions Private Limited (U72900PN2021PTC203285). Its competitors include airSlate, Indico Data, Rossum, Kyndi and Natif.ai and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Rocket AI was founded in 2020 in Pune, India, as a provider of AI-based tools focused on document processing. Bot-building software is offered for automating document workflows, alongside a process automation platform and digital workers tailored for BPO, manufacturing, insurance, and retail sectors. Processing models are utilized for documents in banking, healthcare, and IT industries.
- Headquarters Pune, India
- Employees 1
- Founders Salil Mehendale
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website rocketai.net
- Social LinkedIn
- Legal Name Rocketai Solutions Private Limited
- Date of Incorporation 06 Aug, 2021
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹32,300
FY 2025
- Net Loss-₹77,200
FY 2025 · -239% margin
- EBITDA₹3,400
FY 2025 · 11% margin
- Total Equity Funding$1.2M (USD)
in 1 rounds
- Latest Funding Round$1.2M (USD), Seed
Feb 2022
- Investors
- Employee Count1
Associated legal entities of Rocket AI
Rocket AI operates through Rocketai Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rocketai Solutions Private Limited CIN U72900PN2021PTC203285 | Active | 06 Aug 2021 | Pune, Maharashtra | ₹0.0 Cr | – | 2 | View details |
Products & Services of Rocket AI
Rocket AI offers a comprehensive portfolio of products and services, including Document AI, Robotic Process Automation, Video AI, Conversational AI, and ERP & CRM.
Automates data capture from business documents to reduce processing costs.
Platform for automating manual data entry and workflow management tasks.
Enables content discovery and engaging video experiences for users.
Creates speech-to-text and translation tools for multi-language support.
Offers flexible platforms for enterprise resource planning and customer management.
Provides integration for stores, catalogs, and product management systems.
Funding Insights of Rocket AI
Rocket AI has successfully raised a total of $1.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.2 million completed in February 2022. 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 $1.2M
- Total Rounds 1
- Last Round Seed — $1.2M
- First Round $1.2M
(Feb 2022)
- Investors Count 1
All 1 funding rounds of Rocket AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | $1.2M | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Rocket AI
Rocket AI has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include StartupBay.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Management consulting and business management services are provided. | – | startupbay.tech | Singapore, Singapore |
Investor details for Rocket AI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Rocketai Solutions Private Limited (Rocket AI)
Rocketai Solutions Private Limited is the primary company behind Rocket AI. The board of Rocketai Solutions Private Limited currently have 2 directors; the longest-serving is Nishma Chandrakant Joshi, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nishma Chandrakant Joshi DIN 09272104 | Director | 06 Aug 2021 | 5 yrs 2 mo | Rocketai Solutions Private Limited |
| Salil Shripad Mehendale DIN 08789780 | Director | 06 Aug 2021 | 5 yrs 2 mo | Rocketai Solutions Private Limited |
People of Rocket AI
1 people are tracked at Rocket AI (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Rocket AI
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Rocket AI
Figures of Rocketai Solutions Private Limited, the primary company behind Rocket AI, for FY 2025. Revenue was ₹32,300. Net loss was -₹77,200 (-239% margin). EBITDA was ₹3,400 (11% margin). Revenue has grown at a compounded annual rate of -82% over three years.
- ₹32,300Revenue · FY 2025
- -₹77,200Net loss · -239% margin
- ₹3,400EBITDA · 11% margin
- ₹1 LakhPaid-up capital
- -82%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Rocketai Solutions Private Limited are on its company page.
Detailed financial statements for Rocket 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
Verified entity values are shown only after access is granted.
Timeline of Rocket AI
2 dated milestones of Rocket AI across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Rocket AI is founded.
- Funding First funding round of $1.2M.
Competitors of Rocket AI
Rocket AI has 9 listed competitors in our database, 9 of them funded. They include airSlate, Indico Data, Rossum, Kyndi and Natif.ai, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| airslate.com | 2006 | Brookline, United States | $185.3M | 41 | Provider of no code business automation solutions | |
| indicodata.ai | 2014 | Boston, United States | $73.22M | 72 | Data processing tasks are automated via AI-driven management solutions. | |
| rossum.ai | 2017 | London, United Kingdom | $104.5M | – | Documents are processed and digitized via AI-based platform. | |
| kyndi.com | 2014 | San Mateo, United States | $44.25M | – | AI and process automation software is provided for regulated industries. | |
| natif.ai | 2019 | Saarbrucken, Germany | $5.44M | – | Document processing is automated via AI classification and validation. | |
| taiger.com | 2009 | Singapore | $30.87M | – | Developer of hybrid AI platform for document classification and data extraction | |
| cinnamon.ai | 2012 | Minato, Japan | $35.92M | – | AI document reader is developed for intelligent data extraction workflows. | |
| ant.works | 2015 | London, United Kingdom | $15M | – | Provider of an AI-powered platform for document automation and data extraction | |
| hypatos.ai | 2015 | Kleinmachnow, Germany | $11.8M | 41 | Cloud-based text analytics for document automation are provided. |
Detailed competitors of Rocket AI
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Rocket AI
The website of Rocket AI (rocketai.net) receives about 10.9K visits a month.
- Monthly visits10.9K
▲ 10.1% vs previous month
Top companies in Robotic Automation Systems
10 companies that operate in the same segment as Rocket AI (Robotic Automation Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based low-code platform enables application development and automation. | 1999 | Reston, Virginia, United States | USD 47.5 M | USD 726.94 M | 2,029 | |
Accounts payable and payment automation solutions are offered for businesses. | 2000 | Charlotte, North Carolina, United States | USD 1.18 B | USD 438.94 M | 1,666 | |
AI-powered software for contract drafting and management is provided. | 2017 | India | USD 112.95 M | USD 2.43 M | 162 | |
Cloud-based customer experience management software is offered by NICE. | 1986 | Hoboken, New Jersey, United States | USD 39.11 M | USD 3.19 B | 8,730 | |
AI-powered customer experience automation solutions are provided by Verint. | 1994 | Melville, New York, United States | – | USD 909.19 M | 3,800 | |
Cloud-based robotic process automation software is developed and provided. | 2005 | Bucharest, Romania | USD 1.96 B | USD 1.61 B | 3,868 | |
Contract lifecycle management is facilitated via a cloud-based platform. | 2006 | Broomfield, Colorado, United States | USD 140.09 M | – | – | |
Records are digitized and managed through automation and software solutions. | 2014 | Hayward, California, United States | USD 136.5 M | – | – | |
Provider of an end-to-end AI agent builder platform | 2012 | San Francisco, California, United States | USD 368.56 M | – | 682 | |
Document processing is automated through AI-based robotic platforms. | 2013 | New York, New York, United States | USD 438.88 M | – | 153 |
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Frequently Asked Questions about Rocket AI
Rocket AI was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Rocket AI is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Rocket AI is a funded company, having raised a total of $1.2M across 1 funding round to date. The company's 1st funding round was a Seed of $1.2M, raised on Feb 2022.
Rocket AI has 1 employees.
The primary company behind Rocket AI, Rocketai Solutions Private Limited, reported revenue of ₹32,300 for FY 2025.
Rocket AI was founded in 2020 in Pune, India, as a provider of AI-based tools focused on document processing. Bot-building software is offered for automating document workflows, alongside a process automation platform and digital workers tailored for BPO, manufacturing, insurance, and retail sectors. Processing models are utilized for documents in banking, healthcare, and IT industries.
Rocket AI's top competitors include Indico Data, airSlate and Rossum.
Rocket AI offers Document AI, Robotic Process Automation, Video AI, Conversational AI, and 2 more products and services.
Rocket AI has 1 investor. Key investors include StartupBay.
Rocket AI operates through Rocketai Solutions Private Limited.
The legal entities of Rocket AI currently have 2 directors, including Nishma Chandrakant Joshi, Salil Shripad Mehendale.