Maino.ai Raises $1.8 Million Led by India Quotient Advisers LLP

Digital marketing technology platform Maino.ai announced today the successful closure of its latest funding round, securing $1.8 million (approximately Rs 15 crore). The funding round was spearheaded by India Quotient Advisers LLP, with contributions from prominent angel investors including Karan Bedi and Janhavi Parikh, among others.

Rishabh Kumar, one of the three co-founders of Maino.ai, expressed enthusiasm about the infusion of capital, stating, “A substantial portion of the funds will be allocated to building and scaling teams in key domains such as technology, product development, design, and strategy.” Kumar emphasized the company’s strategic focus on expanding its geographical footprint to reach a broader audience and tap into new markets.

Vikas Keshri and Abhijeet Kunwar, the other two co-founders of Maino.ai, underscored the platform’s mission to revolutionize digital marketing operations. “Our vision is to provide a one-stop solution for all organizational marketing needs,” said Keshri.

India Quotient’s Partner, Gagan Goyal, highlighted the pressing need for innovation in marketing operations. “Marketing operations and optimizations even today are heavily reliant on manual processes limiting growth, scalability, and leading to a subpar ROI,” said Goyal. He expressed confidence in Maino.ai’s potential to disrupt the industry by democratizing digital marketing technology and reducing dependence on slow and manual third-party agencies.