# Light Information Systems Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/light-information-systems-pvt

- Industry: Software
- Headquarters: Pune, India
- Website: www.e42.ai
- Total disclosed funding: $5.4M
- Latest round: Series A (Oct 26, 2021)
- Investors on record: 1

## 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.

## Funding rounds

- Series A, Oct 26, 2021, $5.4M — Pavestone Capital

## Investors

- Pavestone Capital (https://capitalatlas.ai/funds/pavestone-capital) — Series A