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AI kavach Company Profile|Financial Detail Overview 2022-2024

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Featured image of AI kavach Company Profile

In this blog about the AI kavach company profile, we will delve into the remarkable Financial journey of AI kavach app company, a new Indian startup that has quickly made a name for itself. Our main focus will be to provide detailed information about the company, including:

  • A brief introduction about the company and its founders
  • Financial parameters such as net worth, funding, revenue, turnover, and competitors
  • At last I will also be providing you details about the journey of AI kavach company in Shark Tank India Season 3.

Join us on an exciting journey as we uncover how AI Kavach is transforming the landscape of digital services, providing users with cutting-edge security and robust protection against cybercrime.

Before diving into the financials of the company, let’s first explore what the company does and when it was founded and many more such details

AI kavach App Company Intro:

AI kavach App Company logo image

AI Kavach is a company specialized in providing artificial intelligence-based systems to protect against cyber fraud. Founded in 2022, it is an Indian company with headquarters located in India, ensuring your personal information stays secure within the country.

What Is AI kavach do?

AI Kavach is a digital security app that leverages artificial intelligence to shield users from cyber fraud. It was founded by Pratyusha Vemuri, the former head of security at Microsoft, who was inspired to create the app after personally experiencing fraud. Her mission is to ensure others are protected from similar threats in the digital world.

Now that we’ve covered the brief about AI kavach, it’s time to move on to the next topic: getting to know the visionary founder behind the creation of this innovative company by delving into the AI kavach Company Profile.

AI kavach Founder & Owner:

Image of owner of AI Kavach

Pratyusha Vemuri is the visionary founder, owner, and CEO of AI Kavach, a digital security company that harnesses the power of AI to combat cyber fraud.

The founder, Pratyusha Vemuri, started this company with a vision to create a safer platform for using digital services, ensuring that users can navigate the digital world without the constant worry of cyber fraud occurring globally.

Starting from humble beginnings, Pratyusha Vemuri builded AI kavach in 2022. But it was his appearance on Season 3 of Shark Tank, a popular Indian show, that truly put AI kavach on the map, earning widespread recognition for his innovative venture.

For more details about the educational backgrounds and experiences of the AI kavach owners prior to founding the company, feel free to visit the founder LinkedIn profiles. There, you’ll find all relevant information about the owners of AI kavach.

So far, we’ve gathered brief information about the founder and the company. Now, let’s move on to the financial aspects that have driven the company’s growth. We’ll be discussing key metrics such as net worth, revenue, funding, and more.

AI kavach Net Worth:

In a recent update from a news article published at the end of financial year 2023-2024 in Mar 31, 2024, AI kavach net worth is estimated to be around $ 4.7 M to $ 5.95 M , which is roughly equivalent to approximately Rs 40-50 crore.

And if we talk about the net worth of the financial year 2024-2025, the company is aiming to surpass a net worth of more than Rs 70 Crore by the end of the Financial year 2024.

This significant valuation is a testament to the company’s rapid growth and success since its inception in 2022, highlighting its promising trajectory in the transportation industry.

Let’s dive deeper into the “AI Kavach Company Profile” and explore the essential financial aspects that shape its growth, along with other key financial factors. We’ll break them down and discuss each one in detail.

AI kavach Investors:

Image of Investors at I Kavach

Investors play a crucial role in the growth of a company. Having the right strategic investor can significantly leverage a company’s growth, while the wrong choice can lead to challenges or even jeopardize the company’s success but no need to worry this company has chosen the right Investor for her company(AI kavach).

Peyush Bansal and Aman Gupta are investors in AI Kavach, having made a combined offer of Rs 1 crore for 1.25% equity each. This results in a total dilution of 2.5% of the company’s equity.

Now, let’s explore the AI Kavach Company Profile and take a closer look at the total funding the company has raised to date. This financial backing plays a pivotal role in the company’s expansion and overall success.

AI kavach Funding:

Image representing the funding received by I Kavach

To date, AI Kavach has completed a single angel funding round, raising Rs 1 crore in exchange for a 2.5% equity dilution. This investment came through a combined offer from Peyush Bansal and Aman Gupta, with each contributing Rs 50 lakhs.

In return, they received 1.25% equity each, along with 1.25% advisory shares, giving them a role in guiding the company’s strategic direction.

Moving on to the next segment of the “AI kavach app Company Profile”, let’s dive into the revenue generated by the company. Let’s explore how AI kavach has been performing financially.

AI kavach Revenue:

According to the latest update from Shark Tank India Season 3, AI Kavach was pre-revenue with a total of 20,000 downloads and a paid customer base of 1,500 users.

Since receiving funding from sharks Peyush Bansal and Aman Gupta, the company has yet to disclose its updated figures. But don’t worry company is definitely going to release its number soon.

In the next segment of the “AI kavach Company Profile,” let’s dive into the competitive landscape of the AI industry and identify the key competitors of AI kavach. Understanding the competitive environment is crucial as it influences the growth potential of the company.

AI kavach Competitors:

Competitors play a vital role in determining the growth and market of the company and it also effects the financial of the company like net worth, valuation ,revenue and other parameters like sales of a company.

AI kavach Competitors In India:

Top 3 competitor’s of AI kavach in India are:-

  • IDX
  • Seon
  • Mitek

Next, let’s delve into the AI Kavach App Company Profile and discuss the company’s valuation. Understanding the valuation will provide insights into how the market perceives the company’s worth and potential for future growth.

AI kavach Valuation:

According to the recent funding round on India’s renowned business show, AI Kavach is estimated to have a valuation of approximately Rs 40 crore, which is roughly equivalent to $4.7 million.

Now moving on to the next part in “AI kavach Company Profile” where we will be primarily talking about the AI kavach company owner Pratyusha Vemuri Net worth

AI kavach Founder Net Worth:

Image of founders net worth

Before embarking on her new venture, Pratyusha Vemuri worked at several blue-chip companies like Microsoft and Google, earning a substantial salary. As a result, her total the founder as well as the owner of this company “Pratyusha Vemuri” has a total net worth is estimated to be between Rs 10-30 crore.

Moving on to the last part of the Blog where we will be talking about the the events that occurred in Shark Tank India Season 3.

AI kavach Shark Tank App:

Image of AI kavach in Shark Tank India App complete pitch

AI Kavach made its debut on “Shark Tank India Season 3” in February 2024. During her pitch, founder Pratyusha Vemuri began by presenting raw data on the prevalence of online fraud in India, highlighting how lack of security and awareness leads to scams.

She then showcased her achievements and demonstrated the app. The sharks noted that the app’s functionality was similar to that of TRUECALLER, a widely used fraud detection app.

Offer’s Received by AI Kavach in Shark Tank India Season 3:

On “Shark Tank India Season 3,” AI Kavach garnered three offers. The first came from Peyush Bansal, CEO of Lenskart, who expressed interest in the company’s potential.

The second offer was made by Aman Gupta, CEO of Boat, highlighting his belief in the app’s future success. Each investor saw significant value in AI Kavach, contributing to a competitive funding round.

At the founder’s request, both investors revised their offers. They ultimately provided a combined deal of Rs 1 crore for 2.5% equity and 2.5% advisory shares. The deal was finalized with this revised offer.

Now Let end this blog about AI kavach company profile where we will be talking about the most asked FAQ question related to the company.

FAQ question related to “AI kavach company profile“:

When was AI Kavach founded?

AI Kavach company was found and established in year 2022.

Where is AI Kavach located?

AI Kavach operation and head quarters are located in India.

Is Kavach a Cybersecurity company?

Yes, the primary area in which the company is working is Cybersecurity so in a way we can say that Kavach is a Cybersecurity company.

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