# Adya

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/adya

- Industry: Semiconductors
- Headquarters: Hyderabad, India
- Website: www.adya.ai
- Total disclosed funding: $0.4M
- Latest round: Series A (Sep 14, 2024)
- Investors on record: 5

## About

Based in Telangana, India, and founded in 2023 by Shayak Mazumder, CEO and CTO, Archana Mazumder, COO, and Angad Singh Ahluwalia, CBO, Shayr Omnichannel Private Limited trading as Adya, operates as a technology service partner that empowers enterprises to navigate the digital commerce landscape. In January 2024, Adya raised INR 105 million in pre-series A funding led by Indian Angel Network, with participation from other unspecified investors. 

Adya's flagship product is its suite of applications designed for the ONDC ecosystem. These applications cover a wide range of functionalities, from buyer and seller apps to supplementary modules, providing enterprises with the tools they need to thrive in the digital commerce landscape. The strategic unbundling and interoperability features of Adya's products allow enterprises to build, customize, and connect their tech stack within the ONDC network. The company's client base includes Canara Bank, HUL, Bobble.ai, Winds, Zionmart, and ABFL.

The company plans to use the pre-series A funding to improve its solutions, bolster its market presence, and accelerate the development of AI technologies.

## Funding rounds

- Series A, Sep 14, 2024, $0.4M — Moonbeam Capital Managers, Indian Angel Network, Ivy Ventures, Primarc Group, Mahipal Investments & Advisors Private Limited

## Investors

- Moonbeam Capital Managers — Series A
- Indian Angel Network (https://capitalatlas.ai/funds/indian-angel-network) — Series A
- Ivy Ventures (https://capitalatlas.ai/funds/ivy-ventures) — Series A
- Primarc Group — Series A
- Mahipal Investments & Advisors Private Limited — Series A
