Latest news with #GobbleCube
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Business Standard
a day ago
- Business
- Business Standard
GobbleCube raises $3.5 million to expand AI tools for consumer brands
GobbleCube, a startup that provides AI tools for consumer brands, has raised $3.5 million in a Pre-Series A funding round led by InfoEdge Ventures, with participation from existing investor Kae Capital. The Bengaluru-based company, which recently exited private beta, has reached $2 million in annual recurring revenue and onboarded more than 200 clients, including Reckitt, Tata Consumer, Nivea, and Johnson & Johnson. With the new capital, GobbleCube plans to deepen its AI capabilities, expand platform coverage, and accelerate its global go-to-market motion. GobbleCube was founded by Manas Gupta, Srikumar Nair, and Nitesh Jindal, former members of the Blinkit leadership team. The platform uses AI to help consumer brands identify revenue gaps and growth opportunities in hyperlocal markets. It has reported 2–3 times sales increases for clients ranging from D2C startups to large enterprises. Its AI platform analyses billions of locality-level data points to help brands move from retrospective analysis to predictive and action-oriented decisions—across pricing, planning, digital visibility, and performance marketing. 'E-commerce and q-commerce are becoming increasingly complex, with brands needing to win at a hyperlocal and platform-specific level across marketplaces like Blinkit, Zepto, and Instamart,' said Kitty Agarwal, Partner at InfoEdge Ventures. Gaurav Chaturvedi, General Partner at Kae Capital, added, 'GobbleCube's ability to drive measurable growth for both emerging D2C brands and large enterprises within weeks signals strong product–market fit.'
Entrepreneur
2 days ago
- Business
- Entrepreneur
GobbleCube and IORA Ecological Solutions Raise Funding for Growth
The below brands have announced their latest funding rounds. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. GobbleCube Raises USD 3.5 Mn Pre-Series A Funding AI-driven growth copilot GobbleCube has raised USD 3.5 million in a pre-Series A round led by InfoEdge Ventures, with continued backing from Kae Capital. The funds will be used to enhance its AI capabilities, broaden platform features, and accelerate global expansion. Founded in 2023 by Manas Gupta, Srikumar Nair, and Nitesh Jindal, GobbleCube helps consumer brands scale rapidly by analysing billions of hyperlocal data points to identify revenue leaks, demand gaps, and growth opportunities. Its platform has already onboarded 200+ brands, including Reckitt, Tata Consumer, Nivea, and Johnson & Johnson, and achieved USD 2 million in ARR within just nine months of public launch. "Ecommerce and qcommerce are becoming increasingly complex, with brands needing to win at a hyperlocal and platform-specific level across marketplaces like Blinkit, Zepto, and Instamart. GobbleCube gives them the real-time visibility and intelligence needed to drive growth and revenue outcomes," said Kitty Agarwal, Partner at InfoEdge Ventures. Offering AI-powered insights, GobbleCube operates across MENA and LATAM regions and competes with global players like CommerceIQ, Profitero, and NielsenIQ. "GobbleCube's ability to drive measurable growth for both emerging D2C brands and large enterprises within weeks signals strong product-market fit," added Gaurav Chaturvedi of Kae Capital. IORA Ecological Solutions Raises INR 8.5 Cr Debt Funding Iora Ecological Solutions (IORA), a pioneer in Nature-based Solutions (NbS) for climate action and ecosystem restoration, has raised INR 8.5 crore (approx. USD 1 million) in debt funding from Caspian Impact Investments (Caspian Debt). The funds will be used to scale MegCare, IORA's flagship agroforestry and land restoration program in Meghalaya, aiming to rejuvenate degraded landscapes, increase forest cover, and improve rural livelihoods through sustainable practices. Founded in 2009 by Swapan Mehra, IORA is an environmental advisory firm with multidisciplinary expertise in environmental finance, policy, research, and project implementation. It has executed over 200 global projects spanning 20 million hectares across 27 Indian states, 2 UTs, and regions in Southeast Asia, Africa, and South America. "This investment by Caspian Debt, supported by Rabo Foundation, marks an important milestone for the MegCare program," said Sampath Kumar, IAS, Principal Secretary, Government of Meghalaya. "It supports the state's vision to restore lands and empower communities." MegCare is expected to benefit 80,000 smallholder farmers in Meghalaya by linking ecosystem restoration with carbon finance and sustainable income. "This carbon-linked financing model integrates NbS with measurable climate outcomes," said Swapan Mehra, CEO, IORA. Caspian's Sai Pramodh added, "IORA's execution strength makes this a model for impactful climate finance." Rabobank ACORN and Rabo Foundation also supported the initiative, advancing India's path to its 2070 net-zero climate goal.
Economic Times
2 days ago
- Business
- Economic Times
AI-backed brand analytics platform GobbleCube raises $3.5 million in round led by InfoEdge Ventures
ETtech L-R, Nitesh Kumar, Manas Gupta and Srikumar Nair, cofounder, Gobblecube Consumer brand analytics platform GobbleCube has raised $3.5 million in a funding round led by InfoEdge Ventures, with participation from existing investor Kae Capital. Founded by Manas Gupta, Srikumar Nair, and Nitesh Jindal, part of the original Blinkit leadership team, the AI-backed platform specialises in helping consumer brands in revenue management by automating data and decision-making processes. Its AI platform claims to help brands scale by identifying revenue leaks, demand gaps and high-growth micro-markets. The startup, which came out of its beta mode nine months ago, said it has since onboarded 200 brands, including Tata Consumer, Johnson & Johnson and Nivea, and achieved $2 million in annual recurring revenue (ARR). The company said it is also working with brands across Middle East and North Africa, and Latin America regions. With the new capital, GobbleCube plans to deepen its AI capabilities, expand platform coverage, and accelerate its global go-to-market motion.'What we are seeing is an evolution of commerce, how it is becoming more and more hyperlocal. This is where the opportunity lies for us: in enabling brands to engage consumers with precision and relevance at scale,' cofounder and CEO Manas Gupta told ET. 'This isn't just a marketing challenge; it's a big-data problem that demands AI-first, productised solutions," he AI engine helps brands predict and influence their future plans. It analyses "billions of local data points" to identify actions in areas like digital shelf visibility, pricing, and planning. This now includes performance marketing, allowing brands to shift from reactive decision-making to growth driven by clear startup raised a seed round in 2024 of $1.9 million led by Kae Capital.'E-commerce and q-commerce are becoming increasingly complex, with brands needing to win at a hyperlocal and platform-specific level across marketplaces like Blinkit, Zepto, and Instamart. GobbleCube gives them the real-time visibility and intelligence needed to drive growth and revenue outcomes,' said Kitty Agarwal, partner at InfoEdge Ventures. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Can this cola maker get back bubble valuation pricked by Ambani? Darkness at noon: Can this reform succeed after failing four times? Zepto has slowed, and Aadit Palicha needs more than a big fund raise to fix it Why Sebi must give up veto power over market infra institutions Stock Radar: SBI stock breaks out from Symmetrical Triangle pattern; what should investors do with this Sensex stock? These mid-cap stocks with 'Strong Buy' & 'Buy' recos can rally over 25%, according to analysts Multibagger or IBC - Part 13: This auto ancillary helps power Chandrayaan-3 and makes the 'glue' that holds cars together Buy, sell or hold: Antique maintains a hold on JSW Steel; Nuvama sees over 15% upside in Apollo Hospitals
