Flatpebble, a Hyderabad-based startup raises 400K USD from Indian Angel Network2 weeks ago Bhavitaavya Dharanikota
Indian Angel Network, a horizontal seed stage investing platform, recently concluded its second round of investment in Flatpebble, an AI-driven on-demand cataloging platform. The Hyderabad-based startup had previously raised $6 lakh from Indian Angel Network and an on-equit based assistance from Microsoft Accelerator Bengaluru(New Microsoft Ventures), bringing its total amount of funding to nearly $1 million. IAN is one of the most active angel networks in India and has invested in more than 110 startups so far including Druva Software, Sapience Analytics, SP Robotics, Far Eye and Unboxd Ltd. IAN’s Rs 450-crore fund invests in sectors such as healthcare and medical devices, software-as-a-service, marketplaces, fintech, big data, artificial intelligence, and hardware. IAN Fund had also jointly led an investment of $5 Million in local discovery and e-commerce platform Little Black Book (LBB).
Established in 2014 by former Microsoft employees Pranav Mehta and Venkatesan Seshadri, Flatpebble enables business ventures to shoot and manage high-quality catalogs of their products across India. Their clients include leading food tech brands such as Swiggy, Zomato, Uber Eats, Foodpanda, etc, along with fashion and hospitality lines like RS Brothers, Zalsa, Nestaway, Oyo, Treebo and other brands from the space. Flatpebble is the world’s first on-demand Cataloging As A Service (CAAS) platform that is completely transforming the way businesses catalog their products and services. Their innovative business model along with its network of pan India service providers and state of the art AI has helped the high-volume eCommerce, food and hospitality businesses catalog their products & services faster, reduce the time to market and helped them realize revenue faster than ever before. The proprietary Catalogue Life-cycle Management system helps streamline the entire cataloging process with accelerated delivery, consistent quality and predictable timelines at scale. With offices in Hyderabad and Bangalore, Flatpebble is a funded startup owned and operated by Hyderabad based TechClove Technologies Private Limited.
Flatpebble is growing revenues at over 300 percent year-on-year, profitably and with close to one lakh images being delivered monthly to businesses, they ensure that large and small businesses can scale their online presence extremely fast with standardized high-quality images, videos, 360-degree videos or virtual tours. The company currently has a network of more than 6,000 verified professionals across 100 cities in India. Flatpebble aims to leverage its product and tech-driven solutions to solve the key problems in commercial photography and scale itself within India and to international markets in the near future.!