About Text Mercato
Text Mercato is a company based in Bengaluru (India) founded in 2015 by Kiran Ramakrishna. Text Mercato has raised $4.62 million across 9 funding rounds from investors including Angel List, LetsVenture and Italica. The company has 69 employees as of April 01, 2024. Text Mercato offers products and services including PIM Suite, Cataloging Suite, and Marketing Suite. Text Mercato operates in a competitive market with competitors including Klaviyo, Elastic Path Software, CommerceIQ, Bango and Yotpo, among others.
- Headquarter Bengaluru, India
- Employees 69 as on 01 Apr, 2024
- Founders Kiran Ramakrishna
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Phone
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Website
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Social
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- Legal Name Text Mercato Solutions Private Limited
- Date of Incorporation 09 Jan, 2015
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$870.28 K (USD)93.39as on Mar 31, 2022
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Net Profit
-$318.47 K (USD)14.12as on Mar 31, 2022
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EBITDA
-$271.95 K (USD)24.81as on Mar 31, 2022
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Total Equity Funding
$4.62 M (USD)
in 9 rounds
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Latest Funding Round
$513.33 K (USD), Seed
Feb 02, 2024
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Investors
Angel List
& 49 more
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Employee Count
69
as on Apr 01, 2024
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Products & Services of Text Mercato
Text Mercato offers a comprehensive portfolio of products and services, including PIM Suite, Cataloging Suite, and Marketing Suite.
Centralized tool for managing product data across eCommerce channels.
End-to-end solutions for catalog creation and image editing.
Platform for content generation and pricing intelligence in eCommerce.
Funding Insights of Text Mercato
Text Mercato has successfully raised a total of $4.62M across 9 strategic funding rounds. The most recent funding activity was a Seed round of $513.33 thousand completed in February 2024. 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.
Investors in Text Mercato
Text Mercato has secured backing from 50 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Angel List, LetsVenture and Italica.
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Venture capital investments in ethical businesses and high-growth sectors in India.
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Venture capital firm focused on AI, healthcare, life science, B2B enterprise, and technology sectors
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Investor details for Text Mercato
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Investments & Acquisitions by Text Mercato
Investment portfolio details for Text Mercato
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- Transaction dates
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Financial Statements - Text Mercato
Detailed financials for Text Mercato
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- Profit trends
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Text Mercato Comparisons
Peer comparison for Text Mercato
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Competitors of Text Mercato
Text Mercato 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 Klaviyo, Elastic Path Software, CommerceIQ, Bango and Yotpo, among others.
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SaaS email marketing solutions are offered to e-commerce businesses.
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API-based enterprise commerce and content management platform is delivered.
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AI platform for retail ecommerce management and optimization is provided.
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Marketing solutions for e-commerce businesses are provided by Bango.
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Cloud-based marketing platform for e-tailers
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SaaS-based promotion software is offered for retail testing.
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Detailed competitors of Text Mercato
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Verified entity values are shown only after access is granted.
Latest news on Text Mercato
Complete news archive for Text Mercato
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Frequently Asked Questions about Text Mercato
Text Mercato was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Text Mercato is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Kiran Ramakrishna is the current CEO of Text Mercato. They have also founded this company.
Text Mercato is a funded company, having raised a total of $4.62M across 9 funding rounds to date.
As of Apr 01, 2024, the latest employee count at Text Mercato is 69.
Annual revenue of Text Mercato is $870.28K as on Mar 31, 2022.
Text Mercato was founded in 2015 in Bengaluru, India, as a provider of AI-powered solutions in the eCommerce sector. Tools for product information management, marketing content generation, and pricing optimization are delivered. Automated cataloging, product description creation, image editing, and competitor pricing analysis are included among the services. SEO optimization for websites and support for multi-marketplace listings are also handled, with operations focused on efficiency for businesses across industries.
Text Mercato's top competitors include Klaviyo, CommerceIQ and Yotpo.
Text Mercato offers PIM Suite, Cataloging Suite, and Marketing Suite.
Text Mercato has 50 investors. Key investors include Angel List, LetsVenture, Italica, 1Crowd, and Mount Judi Ventures.