# AutomataPi Solutions Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/automatapi-solutions-pvt

- Industry: Software
- Headquarters: Mumbai, India
- Website: www.automatapi.com
- Total disclosed funding: $0.4M
- Latest round: Series A (Dec 29, 2020)
- Investors on record: 2

## About

AutomataPi Solutions Pvt. Ltd., based in India, provides advanced automation solutions that enhance operational efficiency across multiple sectors, including finance, healthcare, and logistics.AutomataPi Solutions Pvt. Ltd. specializes in automation technology designed to streamline business workflows. Founded in 2017 in Mumbai, India, the company raised INR 30 million in Series A funding in December 2020, led by Indian Angel Network with participation from Manipal Media Networks. The firm was established by Krishnadas Menon and is currently led by CEO Devesh Rao. It has successfully completed one deal as of the most recent funding round, with a total valuation of INR 165.88 million.AutomatAPI specializes in providing advanced automation solutions aimed at enhancing operational efficiency for businesses across various sectors. Their core offering includes a proprietary automation platform designed to streamline complex workflows and integrate disparate systems, thus reducing manual intervention and the associated error rates. The platform is utilized primarily in sectors such as finance, healthcare, and logistics, where clients leverage it to optimize processes like data entry, reporting, and customer service. Specifically, the company's services cater to a diverse client base, including medium to large enterprises seeking to modernize their operations and improve productivity. AutomatAPI's solutions have gained traction in North America and Europe, where the demand for automation technologies continues to rise, driven by the need for cost-effective and scalable operational models.The revenue stream for AutomatAPI is generated through a subscription-based model, providing clients with tiered access to their automation platform along with additional services such as technical support and customized integration. In 2023, the company reported revenue of INR 414,976.4 and an EBITDA of INR -19,213.1. Clients typically engage in annual contracts, which include options for scalable usage based on transaction volume and feature access. This model fosters a steady revenue base while enabling clients to tailor their subscription to meet specific operational needs, promoting long-term partnerships and client retention.AutomataPi Solutions Pvt. Ltd. aims to expand its product offerings with innovative features planned for launch in 2024. The company is targeting further expansion into markets in Southeast Asia and Europe by mid-2025, leveraging the recent funding of INR 30 million raised in December 2020 to support these initiatives. This funding will facilitate product development and market entry strategies, ensuring that AutomatAPI remains competitive in the rapidly evolving automation sector.

## Funding rounds

- Series A, Dec 29, 2020, $0.4M — Indian Angel Network, Manipal Media Networks

## Investors

- Indian Angel Network (https://capitalatlas.ai/funds/indian-angel-network) — Series A
- Manipal Media Networks — Series A