Expertrec
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Expertrec - overview
Established
2014
Location
Bangalore, KA, India
Primary Industry
Internet
About
Expertrec delivers advanced AI-powered search solutions that enhance user experiences for e-commerce platforms, addressing complexities in product search and merchandising with precision and speed. Founded in 2014 and headquartered in Bangalore, India, Expertrec specializes in AI-driven search solutions for e-commerce. The company has raised a total of INR 37. 76 mn in Seed funding from BEENEXT as of August 2020.
New Sundararaj leads the company as CEO, focusing on enhancing search capabilities across major platforms like Shopify and WooCommerce. Expertrec specializes in AI-powered search solutions designed to enhance user experience for e-commerce platforms. Their core product offerings include an advanced AI search engine delivering fast and precise results, voice search capabilities for intuitive interaction, and customizable merchandising controls for targeted product display. Expertrec's solutions are utilized by clients across various e-commerce platforms, helping to mitigate challenges such as zero-result searches.
In the most recent fiscal year 2023, Expertrec reported a revenue of INR 60,355. 70 mn. The company operates a subscription-based revenue model with pricing tiers designed for businesses to scale their search functionalities effectively. The client base includes small enterprises and larger corporations across multiple sectors, facilitating flexible subscription payments.
Expertrec aims to leverage its recent Seed funding of INR 37. 76 mn to enhance product development and expand into new geographical markets, particularly in the United States and Europe. The company is focusing on the design and launch of new features aimed at improving user engagement and search capabilities, with expected rollout in the upcoming year.
Current Investors
BEENEXT
Primary Industry
Internet
Sub Industries
Search Engines, Web Applications
Website
www.expertrec.com
Verticals
Artificial Intelligence
Company Stage
Angel & Seed
Total Amount Raised
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