Maino.ai Secures $1.8M to Revolutionize Digital Marketing

Digital marketing platform Maino.ai has raised $1.8 million in a funding round led by India Quotient Advisers LLP. The funds will be used to scale teams in technology, product development, and strategy, and to expand into new geographies. Co-founders include Rishabh Kumar, Vikas Keshri, and Abhijeet Kunwar.

Digital marketing technology platform Maino.ai announced on Thursday that it has secured USD 1.8 million (about Rs 15 crore) in a funding round led by India Quotient Advisers LLP.

According to the release, this investment round also saw participation from angel investors like Karan Bedi and Janhavi Parikh, along with other notable investors.

Rishabh Kumar, one of the three co-founders of Maino.ai, stated that a significant portion of the funds will be allocated towards building and scaling teams in key domains such as technology, product development, design, and strategy.

Additionally, Kumar emphasized the company's focus on expanding its footprint into new geographies to serve a broader audience and tap into new markets, thereby creating additional avenues for success.

The company said it aims to provide a one-stop solution for all organizational marketing needs and has already gained considerable traction from brands across various sectors, including media tech and hospitality.

India Quotient's Partner Gagan Goyal highlighted that marketing operations today are heavily reliant on manual processes, which limit growth, scalability, and lead to a subpar ROI (Return on Investment).

Goyal further explained that the investment in Maino.ai is driven by the company's mission to democratize digital marketing tech for businesses by offering user-friendly products that reduce dependence on slow and largely manual third-party agencies.

Maino.ai co-founders include Rishabh Kumar, Vikas Keshri, and Abhijeet Kunwar.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)