Indian AI Startup GobbleCube Raises $15M Series A Led by Susquehanna Venture Capital

Gate News message, April 15 — GobbleCube, a Gurugram-based AI startup focused on digital commerce, has raised $15 million in a series A round led by Susquehanna Venture Capital, with participation from InfoEdge Ventures and Kae Capital. The company will use the funds for product development, AI research, and hiring.

Founded in 2022 by former Blinkit executives Manas Gupta, Srikumar Nair, and Nitesh Jindal, GobbleCube builds software for brands to manage online visibility, marketing, supply chains, and commerce strategy. The company has worked with more than 400 brands since launch, is embedded within the systems of 45 large consumer packaged goods (CPG) enterprises, and supports over 30 platforms across India, MENA, and LATAM.

Since launching commercially in September 2024, GobbleCube says revenue rose 10X and it signed 45 of India’s largest CPG companies, including Hindustan Unilever and Procter & Gamble. The company links this adoption to a sales cycle of about two months. A case study on food brand MTR cites 60% growth on quick commerce platforms, as AI software helps brands process dark store data, optimize inventory, and improve negotiating power with platform operators.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

AI Chatbots Give Wrong Medical Advice 50% of the Time, BMJ Open Study Finds

A study found that five AI chatbots offered problematic medical advice in about 50% of cases, with 20% highly problematic. They struggled with open-ended questions, raising concerns about misinformation and the reliability of chatbot medical advice.

GateNewsJust Now

Xiaohongshu Open-Sources Relax, Reinforcement Learning Engine for Multimodal AI Training

Xiaohongshu's AI team has open-sourced Relax, a reinforcement learning engine for multimodal training that efficiently processes image, audio, and video inputs through advanced parallelism and asynchronous pipelining.

GateNews2m ago

Oracle Shares Rise 5% on Expanded Bloom Energy Deal, to Procure Up to 2.8 GW for Data Centers

Oracle shares rose 5% as it expanded its partnership with Bloom Energy, which will provide 2.8 gigawatts of fuel cell systems. Bloom Energy's stock surged 20%. This deal follows Oracle's $400 million warrant to buy Bloom shares and is part of broader AI infrastructure initiatives.

GateNews12m ago

Anthropic will roll out Claude Opus 4.7 as soon as this week, with an AI design tool that lets you generate websites and presentations in one click

Anthropic is set to roll out its latest AI model, Claude Opus 4.7, boosting its ability for multi-agent collaboration and autonomous generation of websites and presentations. This move has caused the share price of design software companies to fall. Despite improvements in model capabilities, Anthropic will still implement strict safety controls to reduce potential risks.

ChainNewsAbmedia19m ago

Anthropic Appoints Novartis CEO Vas Narasimhan to Board

Anthropic appointed Novartis CEO Vas Narasimhan to its board, enhancing healthcare expertise and ensuring trust-appointed directors hold a majority. The Long-Term Benefit Trust aims to balance shareholder interests with ethical AI development.

GateNews20m ago
Comment
0/400
No comments