Light Information Systems Pvt. Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Light Information Systems Pvt. Ltd. - overview
Established
2012
Location
Pune, -, India
Primary Industry
Software
About
Light Information Systems Pvt. Ltd. is a technology company that specializes in Intelligent Enterprise Automation Solutions, utilizing advanced AI-driven platforms to streamline business operations across various sectors. Founded in 2012 in Pune, India, Light Information Systems Pvt.
Ltd. focuses on automation solutions without prior pivots in its business strategy. The founders, Animesh Samuel, Sanjeev Menon, and Sanjeev Nair, have established the company with a consistent vision. The company raised USD 5.
4 mn in Series A funding on October 26, 2021, led by Pavestone Capital, bringing the total amount raised to USD 5. 4 mn. The latest funding round targeted business growth and technological advancement. E42, the operational arm of Light Information Systems, develops Intelligent Enterprise Automation Solutions through its no-code Cognitive Process Automation (CPA) platform.
The core offerings include Generative AI, Intelligent Document Processing (IDP), Conversational AI, and responsible AI solutions aimed at automating complex tasks such as invoice processing and data extraction. The company serves a diverse range of industries, including finance, healthcare, manufacturing, and e-commerce, enhancing operational efficiency across various departments, particularly in North America and Europe. In the most recent year of 2023, Light Information Systems Pvt. Ltd.
reported a revenue of USD 1,067,220. 40 with an EBITDA of USD -2,310,828. 40, primarily generated through a subscription-based model for its AI-powered platform, allowing clients to access a suite of tools tailored to their needs. Following the Series A funding of USD 5.
4 mn in October 2021, Light Information Systems Pvt. Ltd. plans to leverage these resources to enhance research and development, strengthen its partner ecosystem, and expand its global outreach. The company is focused on launching new products in the near future to enhance its automation capabilities and is actively targeting growth in additional international markets, particularly in regions where demand for AI-driven solutions is rapidly increasing.
Current Investors
NB Ventures, Pavestone Capital
Primary Industry
Software
Sub Industries
Sales & Marketing Software, HR & Workforce Software, Customer Relationship Management, Application Integration Software
Website
www.e42.ai
Verticals
Artificial Intelligence, Artificial Intelligence, Cloud Computing
Company Stage
Series A
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.