# Gyde

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

- Industry: Software
- Headquarters: Pune, India
- Website: www.gyde.ai
- Total disclosed funding: $0.2M
- Latest round: Seed (Aug 16, 2021)
- Investors on record: 1

## About

Gyde, based in Pune, India, is a digital adoption platform that enhances onboarding processes for enterprises and SaaS applications through contextual, step-by-step guidance resources, streamlining user learning and software adoption.Founded in 2019 in Pune, India, Gyde specializes in digital adoption solutions. The founders, Prasanna Vaidya and Shubham Deshmukh, have a history of creating innovative technology solutions. In August 2021, Gyde raised INR 18 million in Seed funding from Better Capital, marking its first funding round and bringing the total amount raised to INR 18 million.Gyde offers a comprehensive digital adoption platform designed to enhance the onboarding process for enterprises and SaaS applications by providing contextual, step-by-step guidance resources. This platform functions without the need for coding, making it compatible with a wide array of software, including cloud-based, mobile-based, and custom-built applications. The core functionalities include AI-powered walkthrough creation, allowing users to generate interactive guidance simply by navigating through their software, alongside support for step-by-step walkthroughs, contextual help articles, and short instructional videos. Gyde's offerings aim to streamline user learning, enhance software adoption rates, and reduce operational hold times, as evidenced by their success with clients like Bajaj Finance Limited, who achieved a reduction in loan file holds from 18% to 9.7% within three months of implementation. Their services are utilized by businesses of varying sizes and sectors, with a strong presence in global markets, particularly across North America, Europe, and Asia.Gyde generates revenue through a subscription-based model, charging clients for access to its digital adoption platform and features. In 2023, Gyde reported a revenue of INR 105,423.1 and an EBITDA of INR 6,603.7. Clients typically engage with Gyde through annual or monthly subscriptions, entering into B2B agreements that facilitate integration into existing software infrastructures, with tailored pricing plans to meet diverse organizational needs.Gyde is focused on accelerating its product development and customer acquisition as outlined in their August 2021 Seed funding rationale. The investment of INR 18 million will support the delivery of customized help to software users, enhancing their platform capabilities. The company is also exploring expansion into new international markets, particularly targeting key sectors in North America and Europe by 2024.

## Funding rounds

- Seed, Aug 16, 2021, $0.2M — Better Capital

## Investors

- Better Capital — Seed