Text Mercato raises $2.6 million in pre-Series A funding round

New Delhi: Content material know-how and cataloguing startup Text Mercato has raised $2.6 million in a pre-Sequence A spherical led by 1Crowd, Mount Judi Ventures and Innospark Ventures. Modulor Capital, Tremis Capital and some angel traders additionally participated within the spherical.

Funds raised within the spherical can be deployed for increasing its worldwide footprint.

Based in 2011 by Kiran Ramakrishna and Subhajit Mukherjee, Textual content Mercato affords content writing and cataloguing providers through its suite of AI merchandise. The corporate serves over 50 manufacturers, together with

and Myntra, processing over a million stock-keeping items (SKU) month-to-month. It claims to have tripled its revenues final 12 months.

“Whereas corporations have a tendency to construct their merchandise round a singular difficulty such because the picture, textual content, translation, or different options, the main focus of our product is to do that end-to-end, sans four-five distributors. Our resolution supplies seamless integration, pace, high quality, and price effectivity for our purchasers,” stated Kiran Ramakrishna, cofounder of Textual content Mercato.

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