KOGO.ai
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KOGO.ai - overview
Location
Delhi, -, India
Primary Industry
Software
About
KOGO. ai is an artificial intelligence company focused on enhancing business operations through advanced AI solutions, including machine learning algorithms for data analysis and predictive modeling. KOGO. ai specializes in AI-driven solutions that optimize business functions.
The company is headquartered in Delhi, India, and was founded by Praveer Kochhar. Following a strategic acquisition by MapMyIndia in September 2023 for INR 90 million, KOGO. ai aims to expand its B2C business and refine its data capabilities. To date, the company has completed three funding rounds, with the latest being an Add-on Trade Sale on September 5, 2023, led by MapMyIndia and involving ZENRIN CO.
, LTD. KOGO. ai develops sophisticated artificial intelligence solutions aimed at optimizing business operations across various sectors. Their primary offerings include machine learning algorithms that enhance data analysis and predictive modeling to aid enterprise decision-making.
These solutions cater to industries such as finance, healthcare, and supply chain management, providing tools for trend identification, operational efficiency, and cost reduction. KOGO. ai serves clients ranging from large corporations to SMEs in North America and Europe, focusing on data-driven decision-making. In 2023, KOGO.
ai reported a revenue of INR 94,464. 6 mn, while incurring an EBITDA loss of INR 205,552. 8 mn. The company primarily generates revenue through a subscription-based model, allowing businesses to access its AI software solutions under multi-year contracts, which facilitates a steady cash flow.
KOGO. ai is set to enhance its capabilities and expand its market reach following the acquisition by MapMyIndia. The funds from this acquisition will support the development of new products aimed at refining its data capabilities and expanding the B2C sector. The company plans to solidify its position as a leading AI travel expert, with initiatives targeting new geographic markets.
Current Investors
MapMyIndia, ZENRIN CO., LTD
Primary Industry
Software
Sub Industries
Social Networking & Communication Platform, Connectivity Software
Website
www.kogo.ai
Verticals
Mobile Apps, Social Media
Company Stage
Add-on
Total Amount Raised
Subscriber access only

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