# Process Nine Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/process-nine-technologies

- Industry: Software
- Headquarters: Gurgaon, India
- Website: www.process9.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Jan 29, 2016)
- Investors on record: 5

## About

Process Nine Technologies provides AI-powered language solutions that enhance multilingual communication for enterprises. Their innovative platforms facilitate seamless localization and translation, catering to diverse industries globally.Founded in 2010 by Devendra Joshi and Rakesh Kapoor in Gurgaon, India, Process Nine Technologies specializes in language solutions that support businesses in multilingual communication. The company has executed 4 deals with the most recent funding round occurring on March 31, 2021, during which it raised INR 10 million from Infotel Business Solutions Limited. The current valuation of the company is INR 360.137 million, reflecting its growth in the language technology market.Process Nine Technologies specializes in AI-driven language solutions designed to facilitate seamless multilingual communication for businesses across various industries. Their core product offerings include MoxVeda, a robust platform for website and app localization, MoxWave, a unified translation API, and MoxWords, a document translation service. These products enable organizations to engage with diverse customer bases by providing translations in over 80 languages, addressing the complexities of localization, including HTML, JS, and JSON integrations, while maintaining SEO integrity. The solutions target enterprises in sectors like banking, e-commerce, healthcare, and technology, particularly in markets such as India, the United States, the European Union, and Southeast Asia. The company focuses on enhancing user experience and operational efficiency for clients with its scalable, automated solutions, which have been instrumental in driving customer engagement and satisfaction.For the year 2022, Process Nine Technologies reported a revenue of INR 961,780.6 with an EBITDA of INR 246,905.1. Revenue is generated through a subscription-based model for its suite of translation and localization services, tailored to meet the needs of clients ranging from startups to large enterprises, ensuring a consistent revenue stream through service agreements for high-volume content translation.Process Nine Technologies is poised for growth with plans to launch new products aimed at enhancing its service offerings. Recent funding of INR 10 million from March 2021 will support these initiatives, allowing for expansion into new markets, including further penetration into the European Union and Southeast Asia by 2023. The company aims to continuously innovate its existing platforms and introduce additional features to meet the evolving needs of its clients.

## Funding rounds

- Seed, Jan 29, 2016, $0.3M — Pragnya Advisors, Haystack, Scottbridge, VAPP, Infotel Business Solutions Limited

## Investors

- Pragnya Advisors — Seed
- Haystack (https://capitalatlas.ai/funds/haystack) — Seed
- Scottbridge — Seed
- VAPP — Seed
- Infotel Business Solutions Limited — Seed