About Yarnit
Yarnit is a company based in Bengaluru (India) founded in 2021 by Jyotirmoy Dutta, Akash Jain, Sonam Dubey, and Abhinav Kimothi. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Yarnit has raised $504.5 thousand across 3 funding rounds from investors including Tom Klein, Sandeep Acharya and Supria Dhanda. The company has 1 employees as of April 04, 2024. Yarnit offers products and services including Yarnit AI Marketing Platform, Ask Yarnit, and Campaign Manager. Yarnit operates in a competitive market with competitors including Ceros, Typeface, Tezign, Apester and Gusto Collective, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 04 Apr, 2024
- Founders Jyotirmoy Dutta, Akash Jain, Sonam Dubey, Abhinav Kimothi
- Stage Minicorn
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Sectors
Technology
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Phone
Locked
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Website
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Social
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- Legal Name Yarnit Innovations
- Date of Incorporation 06 Aug, 2021
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
Not available
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Net Profit
-$178.37 K (USD)-1413.68as on Mar 31, 2023
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EBITDA
-$231.35 K (USD)-1353.53as on Mar 31, 2023
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Total Equity Funding
$504.5 K (USD)
in 3 rounds
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Latest Funding Round
$65.58 K (USD), Angel Round
Apr 19, 2024
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Investors
& 7 more
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Employee Count
1
as on Apr 04, 2024
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Products & Services of Yarnit
Yarnit offers a comprehensive portfolio of products and services, including Yarnit AI Marketing Platform, Ask Yarnit, and Campaign Manager.
AI-driven platform for contextual marketing content creation.
Specialized AI agents for on-demand marketing solutions.
AI-powered tool for campaign planning and execution.
Funding Insights of Yarnit
Yarnit has successfully raised a total of $504.5K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $65.58 thousand completed in April 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 Yarnit
Yarnit has secured backing from 8 investors, including angel investors. Prominent investors backing the company include Tom Klein, Sandeep Acharya and Supria Dhanda.
| Investor | Description | Founded Year | Domain | Location |
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TK
Tom Klein |
Angel investor focusing on Indian startups, experienced in tech and innovation.
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SA
Sandeep Acharya |
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Locked | Locked | Locked |
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SD
Supria Dhanda |
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Investor details for Yarnit
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Yarnit
Investment portfolio details for Yarnit
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- Transaction dates
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Financial Statements - Yarnit
Detailed financials for Yarnit
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- Profit trends
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Yarnit Comparisons
Peer comparison for Yarnit
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- Named peers
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Competitors of Yarnit
Yarnit 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 Ceros, Typeface, Tezign, Apester and Gusto Collective, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Interactive content creation platform is provided for brands.
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AI-based content creation platform is offered for businesses.
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Digital infrastructure for brand content creation and management is provided.
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A content engagement platform is provided for interactive media creation.
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Provider of tech-enabled game marketing services
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Content optimization is enabled for brands via a specialized platform.
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Detailed competitors of Yarnit
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Yarnit
Complete news archive for Yarnit
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Frequently Asked Questions about Yarnit
Yarnit was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Yarnit is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Jyotirmoy Dutta is the current CEO of Yarnit. They have also founded this company.
Yarnit is a funded company, having raised a total of $504.5K across 3 funding rounds to date.
As of Apr 04, 2024, the latest employee count at Yarnit is 1.
Yarnit is established as a generative AI marketing platform focused on contextual content creation. Specialized AI agents are utilized to transform campaign briefs into ready-to-launch content. Solutions are provided across industries like technology, ecommerce, healthcare, and manufacturing. Marketing needs such as content, digital, social media, and product marketing are addressed. Enterprise-grade security and brand consistency are ensured through integrated tools. Performance optimization and audience engagement are enhanced by AI-driven insights. A comprehensive suite of over 85 AI applications is offered for modern marketing challenges.
Yarnit offers Yarnit AI Marketing Platform, Ask Yarnit, and Campaign Manager.
Yarnit has 8 investors. Key investors include Tom Klein, Sandeep Acharya, Supria Dhanda, Satyakam Mohanty, and Nachiket Deshpande.
The valuation of Yarnit is $2.41M as of Apr 2024.