Graas.ai is an innovative e-commerce solution provider specializing in AI-driven data analytics to elevate business growth. Founded in 2022 by Ashwin Puri and Prem Bhatia, the company is headquartered in Singapore. It has raised a total of $49 million in funding, highlighted by a significant $40 million Series A round. The company employs around 201-500 employees focusing on simplifying and automating the data processes for e-commerce businesses to enhance efficiency and profitability.
Attribute | Information |
---|---|
Founding Date | 2022 |
Headquarters | Singapore |
Founders | Ashwin Puri, Prem Bhatia |
Revenue | Not publicly disclosed |
Profits | Not publicly disclosed |
Key Investors | Tin Men Capital, Incred Wealth, Orzon |
Industry | E-commerce, AI, Data Analytics |
Number of Employees | 201-500 |
Graas.ai was established in Singapore in 2022 by Ashwin Puri and Prem Bhatia, both seasoned entrepreneurs and veterans in marketing technology. The founding concept for Graas.ai stemmed from the founders' realization of the increasing complexity surrounding data management for e-commerce companies. To address this, they envisioned a service that could automate and streamline growth through AI-powered data analytics. Upon its inception, Graas.ai focused on building a robust AI and analytics engine capable of turning data insights into actionable business strategies.
Graas.ai operates under a unique "Growth-as-a-Service" model, which utilizes predictive AI and machine learning to offer end-to-end solutions for e-commerce businesses. Key features of their platform include:
Currently, Graas.ai is a leading player in the AI-driven e-commerce technology landscape, serving over 2,000 brands across seven countries. The company leverages its sophisticated data analytics engine to combat common e-commerce challenges such as high customer acquisition costs, pricing complexities, and inventory management inefficiencies. By focusing on sustainable growth and enhancing profitability for its partners, Graas.ai strengthens its competitive edge amid a rapidly evolving market.
Graas.ai stands out in the AI and e-commerce sectors by providing comprehensive solutions that improve decision-making and operational efficiency through advanced data analytics. With strategic expansions and continuous improvements in AI capabilities, Graas.ai is well-positioned to maintain its momentum in developing markets like India and Southeast Asia. As companies increasingly turn towards AI to solve complex business challenges, Graas.ai's innovative approach and successful execution have set a strong foundation for future growth.