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Devnagri - About the company

Devnagri is a seed company based in Noida (India), founded in 2019 by Himanshu Sharma and Nakul Kundra. It operates as a Provider of an AI-powered human translation platform for enterprises. Devnagri has raised $1.11M in funding from investors like Venture Catalysts, Z Nation Lab and Inflection Point Ventures, with a current valuation of $*****. The company has 63 active competitors, including 11 funded and 8 that have exited. Its top competitors include companies like DeepL, Reverie Language Technologies and Lilt.

Company Details

Provider of an AI-powered human translation platform for enterprises. It combines neural machine translation with machine learning and a community to power translations. Its AI-human solution is delivering enterprise business translation at scale.
Social
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Email ID
*****@devnagri.com
Phone Number
+91 **********
Registered Address
F-2/35 G/F Vijay Chowk , Krishna Nagar, East Delhi, DELHI, Delhi, India, 110051
Key Metrics
Founded Year
2019
Location
Noida, India
Stage
Seed
Total Funding
$1.11M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 20, 2024
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
55 as on Aug 31, 2025
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Devnagri's funding and investors

Devnagri has raised a total funding of $1.11M over 2 rounds. Its first funding round was on Oct 19, 2021. Its latest funding round was a Seed round on Aug 29, 2023 for $*****. 6 investors participated in its latest round. Devnagri has 21 institutional investors and 16 angel investors.

Here is the list of recent funding rounds of Devnagri:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 29, 2023
8548803
Seed
7234505
5812331
7188402
2100404
Oct 19, 2021
1254048
Seed
5269218
9501015
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Devnagri's founders and board of directors

Founder? Claim Profile
The founders of Devnagri are Himanshu Sharma and Nakul Kundra.
Here are the details of Devnagri's key team members:

Devnagri's Board of Directors

Devnagri's board has 2 active members. Himanshu Sharma and Nakul Kundra are part of team.
Here is the list of Devnagri's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
6y 9m
Team
-
Current
6y 9m

Devnagri's employee count trend

Devnagri has 55 employees as of Aug 25. The total employee count is 20.0% more than what it was in Aug 24. Here is Devnagri's employee count trend over the years:
Employee count trend for Devnagri
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Devnagri's Competitors and alternates

Top competitors of Devnagri include DeepL, Reverie Language Technologies and Lilt. Here is the list of Top 10 competitors of Devnagri, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for DeepL
DeepL
2017, Cologne (Germany), Series C
AI, SaaS, and neural network-based machine translation tools
$415M
75/100
2nd
Logo for Reverie Language Technologies
Reverie Language Technologies
2009, Bengaluru (India), Acquired
Provider of AI-powered language translation, localization, and voice technology solutions
$4.14M
72/100
3rd
Logo for Lilt
Lilt
2015, Palo Alto (United States), Series C
Provider of cloud-based machine translation tools and services
$164M
63/100
4th
Logo for Reverso
Reverso
2013, Montreal (Canada), Unfunded
Online language translation tool
-
-
57/100
5th
Logo for Unbabel
Unbabel
2013, Lisbon (Portugal), Acquired
Provider of an AI based translation platform
$106M
56/100
6th
Logo for Vitra
Vitra
2020, Bengaluru (India), Seed
Cloud based multimedia translation and localization platform for enterprises
$5.42M
50/100
7th
Logo for Devnagri
Devnagri
2019, Noida (India), Seed
Provider of an AI-powered human translation platform for enterprises
$1.11M
48/100
8th
Logo for SYSTRAN
SYSTRAN
1968, Paris (France), Acquired
Provider of neural and statistics-based machine translation engines
-
48/100
9th
Logo for XL8
XL8
2019, San Jose (United States), Series A
Provider of AI-based deep neural network-based machine translation software
$11.5M
47/100
10th
Logo for Language I/O
Language I/O
2011, Cheyenne (United States), Series A
Translation automation of support content for customer support reps
$26.5M
44/100
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Devnagri's Latest cap tables and shareholding

Founders (largest shareholder) own 63.00%, Funds own 17.43%, Enterprises own 0.80% and Angels own 1.39%. The net worth of Devnagri's founders is INR 43.5Cr as of Aug 20, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
63.00%
43.5Cr
5080037
9458156
8935456
7878644
5789012
8158590
9381114
1266638
5322828
1456555
3040175
2146756
8124638
9704879
6753294
3129753
Fund
17.43%
12Cr
7484862
4566588
5966698
3099176
9025593
6453168
6747602
9620236
9642058
9624988
63
33
35
14
96
94
8
2
5
5
6
5
0
0
0
0
0
0
Enterprise
0.80%
54.6L
0
0
0
0
Angel
1.39%
95.3L
5
2
7
3
ESOP Pool
8.94%
6.18Cr
9957019
5415409
2077712
5633915
Other Investors
8.45%
5.84Cr
6767942
8413986
5246315
4633307
Total
100.00%
69.1Cr
1784724
3963298
1274356
1940454
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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Devnagri's Investments and acquisitions

Devnagri has made no investments or acquisitions yet.

Reports related to Devnagri

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