Almonds Ai raised Rs 16 crore in a seed funding round co-led by promoters of Haldiram’s and JITO Incubation and Innovation Foundation to enhance product offerings and accelerate R&D initiatives.

Feb 14, 2025•5 months ago

Amount Raised

₹160 Million

Round Type

seed

GurgaonInformation TechnologyArtificial Intelligence

Investors

Nitin JainHemant JainNine AlpsEver Grow CapitalVenture CatalystsJito Incubation And Innovation Foundation (Jiif)Haldiram’s

Description

Almonds Ai, a channel loyalty and rewards platform, has raised Rs 16 crore (nearly $1.9 million) in a seed funding round. The funds will be utilized for expanding the team and enhancing product offerings.

Company Information

Company

Almonds Ai

Location

Gurgaon, Haryana, India

About

Almonds Ai is a channel loyalty and rewards platform co-founded in 2020 by Abhinav Jain and Apurv Modi. The company aims to redefine brand engagement with distribution networks using advanced AI technology. Their flagship Channelverse ecosystem focuses on AI-driven loyalty management and sustainability. They currently have a network of 100 distribution-led organizations and 6 million channel partners.

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Almonds Ai raised Rs 16 crore in a seed funding round co-led by promoters of Haldiram’s and JITO Incubation and Innovation Foundation to enhance product offerings and accelerate R&D initiatives.

Investors

Description

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Funding Insights

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