PE-VC Fund Investments
Marketing automation startup Grexa AI raises $1.8 M
Navi Mumbai-headquartered, marketing automation startup Grexa AI has raised USD 1.8 million (around INR 15.5 crore) as a part of its seed funding round led by Offline Club founder and iSeed partner Utsav Somani with participation from DeVC, Bharat Founders Fund, Vernalis Capital.Angel investors including Revant Bhate (Mosaic Wellness), Vaibhav Domkundwar (Better Capital), Sumit Gupta (CoinDCX) and Ramakant Sharma (Livspace) and others also participated in the funding round.The fresh proceeds will be used by the company for product development and to expand market reach.Founded in 2024 by Testbook’s founders Ashutosh Kumar, Ayush Varshney, Arpit Oswal and Narendra Agrawal, Grexa AI offers end-to-end digital marketing solutions for small businesses by leveraging its autonomous AI platform.
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