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E42 - About the company

E42 is a series A company based in Pune (India), founded in 2012 by Sanjeev Menon, Animesh Samuel and Sanjeev Nair. It operates as an AI based cognitive process automation platform for businesses. E42 has raised $10.5M in funding from investors like Nava, Brand Capital and Pavestone Capital, with a current valuation of $*****. The company has 458 active competitors, including 53 funded and 21 that have exited. Its top competitors include companies like UiPath, Blue Prism and WorkFusion.

Company Details

AI based cognitive process automation platform for businesses. It helps users to develop multifunctional cognitive agents to automate various processes across functions. Its features include text analytics, speech analytics, conversational bots, API integration, and deployment tools. It enables enterprises to deploy intelligent AI co-workers, advanced AI agents powered by generative AI, NLP, machine learning, and conversational AI that automate tasks across all business functions.
Website
e42.ai
Social
XFacebook
Email ID
*****@e42.ai
Phone Number
+91 **********
Registered Address
5th Floor, Marisoft- 1, Marigold Complex, Kalyaninagar, Pune, Pune, Maharashtra, India, 411014
Key Metrics
Founded Year
2012
Location
Pune, India
Stage
Series A
Total Funding
$10.5M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 30, 2022
Investors
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
78 as on Aug 31, 2025
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E42's funding and investors

E42 has raised a total funding of $10.5M over 6 rounds. Its first funding round was on Oct 12, 2015. Its latest funding round was a Series A round on Jun 30, 2022 for $*****. 1 investor participated in its latest round. E42 has 7 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of E42:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 30, 2022
7136974
Series A
8312621
7818909
8431125
6691260
Apr 28, 2021
4353369
Series A
9377029
7357640
6953228
1577764
Dec 12, 2018
8290797
Seed
8029337
8175163
1015373
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E42's founders and board of directors

Founder? Claim Profile
The founders of E42 are Sanjeev Menon, Animesh Samuel and Sanjeev Nair. Animesh Samuel is the CEO of E42.
Here are the details of E42's key team members:

E42's Board of Directors

E42's board has 4 active members. Sanjeev Menon and Animesh Samuel are part of team and Sanjeev Thottapilly and Preetha Sanjeev are independent board members.
Here is the list of E42's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
14y 3m
Team
-
Current
14y 3m
Independent board member
-
Current
5y 8m
xuohufr
Independent board member
-
Past
3y 8m

E42's employee count trend

E42 has 78 employees as of Aug 25. The total employee count is 33.0% lower than what it was in Aug 24. Here is E42's employee count trend over the years:
Employee count trend for E42
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E42's Competitors and alternates

Top competitors of E42 include UiPath, Blue Prism and WorkFusion. Here is the list of Top 10 competitors of E42, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for UiPath
UiPath
2005, New York City (United States), Public
Provider of a platform for agentic automation and AI solutions
$1.96B
72/100
2nd
Logo for Blue Prism
Blue Prism
2001, Warrington (United Kingdom), Acquired
Cloud-based platform for cognitive automation
$30.5M
68/100
3rd
Logo for WorkFusion
WorkFusion
2010, New York City (United States), Acquired
Provider of robotic process automation and chatbot solutions to automate work processes
$411M
67/100
4th
Logo for Upstage
Upstage
2020, San Jose (United States), Series C
Provider of AI platform for multiple task management
$285M
66/100
5th
Logo for ABBYY
ABBYY
1989, Milpitas (United States), Late Stage
Provider of intelligent automation software and solutions for document and process understanding
-
65/100
6th
Logo for Automation Anywhere
Automation Anywhere
2003, San Jose (United States), Series B
Provider of AI-based platform for robotic process automation
$840M
64/100
7th
Logo for EvoluteIQ
EvoluteIQ
2019, Stockholm (Sweden), Series B
Provider of low and no code intelligent business automation platform that enables digital transformation
$73M
63/100
8th
Logo for Unframe AI
Unframe AI
2024, Cupertino (United States), Series B
Provider of a managed AI delivery platform for tailored business solutions
$100M
62/100
9th
Logo for Adya
Adya
2023, Mumbai (India), Seed
Cloud-based AI operating system that enables businesses to build and deploy customized AI agents and enterprise apps
$2.04M
62/100
10th
Logo for Adept
Adept
2017, San Francisco (United States), Series B
Developer of AI-powered automation for software workflows and digital assistants
$415M
61/100
52nd
Logo for E42
E42
2012, Pune (India), Series A
AI based cognitive process automation platform for businesses
$10.5M
38/100
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E42's Latest cap tables and shareholding

Founders (largest shareholder) own 48.41%, Funds own 33.40%, Angels own 10.20% and Other People own 2.83%. The net worth of E42's founders is INR 32.3Cr as of Apr 28, 2021.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
48.41%
32.3Cr
8450414
2620367
1984185
5755030
8959237
9908639
6121517
5496191
9945876
1776799
Fund
33.40%
22.3Cr
2398519
3887212
1290270
3024681
6644128
9776978
4894523
9664813
5976319
9109142
Angel
10.20%
6.81Cr
6312652
5565809
6419699
1170129
7228907
1123069
3914275
6580605
8113925
6273953
Other People
2.83%
1.9Cr
72
78
74
81
ESOP Pool
5.14%
3.43Cr
80926
51782
98899
34931
Total
99.98%
66.7Cr
3589021
8864983
9047266
6281830
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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
View more details of E42's Shareholding

E42's Investments and acquisitions

E42 has made no investments or acquisitions yet.

Reports related to E42

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News related to E42

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