# Araciv Technologies Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/araciv-technologies-pvt

- Industry: Consumer Products
- Headquarters: Vellore, India
- Website: www.vicara.co
- Total disclosed funding: $0.2M
- Latest round: Seed (Mar 9, 2020)
- Investors on record: 1

## About

Araciv Technologies Pvt. Ltd. develops autonomous AI solutions that enhance operational efficiency in various industries by utilizing a workforce that operates independently and adapts through continuous learning.Founded in 2017 by Abhishek Satish and Adarsh Warrier, Araciv Technologies Pvt. Ltd. is headquartered in Vellore, India. The company focuses on delivering AI solutions for optimizing physical operations and has successfully raised a total of INR 18 million in Seed funding from ITI Growth Opportunities, with the latest funding round completed on March 9, 2020.Vicara specializes in providing autonomous AI solutions designed to optimize physical operations across various industries. Their core offering focuses on an AI workforce that operates independently, requiring no oversight while delivering measurable outcomes aligned with client metrics. By continuously learning and adapting, their systems become increasingly effective with regular use, catering to a broad range of applications such as sales, support, marketing, and IT operations. The company targets diverse geographical markets, including North America, Europe, and parts of Asia, serving a wide array of clients from small businesses to large enterprises that seek to streamline their operational processes and reduce inefficiencies caused by repetitive tasks.In 2023, Araciv Technologies Pvt. Ltd. generated revenue amounting to INR 657,024.50, while recording an EBITDA of INR -20,393.10. Revenue generation is primarily structured around a subscription-based model allowing clients access to their AI solutions, facilitating integration into existing workflows and ensuring ongoing support and updates.Araciv Technologies Pvt. Ltd. aims to launch new AI products designed to further enhance operational efficiency, with specific timelines for release yet to be announced. The company plans to expand into additional markets including South America and Southeast Asia by 2025. Recent funding from the Seed round in March 2020, amounting to INR 18 million, will be utilized to support these initiatives, including product development and market entry strategies.

## Funding rounds

- Seed, Mar 9, 2020, $0.2M — ITI Growth Opportunities

## Investors

- ITI Growth Opportunities (https://capitalatlas.ai/funds/iti-growth-opportunities) — Seed