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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 1392 active competitors, including 104 funded and 42 that have exited. Its top competitors include companies like UiPath, Zapier and Upstage.

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 **********
Part Of
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
6582803
Series A
2623481
3097340
4925458
8459638
Apr 28, 2021
1635673
Series A
6641365
6360592
6795235
7044384
Dec 12, 2018
9392681
Seed
5792223
7685738
6745533
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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 5m
Team
-
Current
14y 5m
Independent board member
-
Current
5y 10m
anebxun
Independent board member
-
Past
9y 4m

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, Zapier and Upstage. 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 Zapier
Zapier
2011, San Francisco (United States), Seed
Provider of a platform for automating workflows and integrating applications
$2.68M
70/100
3rd
Logo for Upstage
Upstage
2020, San Jose (United States), Series C
Provider of AI platform for multiple task management
$285M
68/100
4th
Logo for ABBYY
ABBYY
1989, Milpitas (United States), Late Stage
Provider of intelligent automation software and solutions for document and process understanding
-
65/100
5th
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
6th
Logo for Amity Solutions
Amity Solutions
2012, Bangkok (Thailand), Series D
Provider of enterprise-grade generative AI applications and chatbot platforms
$160M
63/100
7th
Logo for Unframe AI
Unframe AI
2024, Cupertino (United States), Series B
Provider of a managed AI delivery platform for tailored business solutions
$100M
63/100
8th
Logo for WorkFusion
WorkFusion
2010, New York City (United States), Acquired
Provider of robotic process automation and chatbot solutions to automate work processes
$411M
62/100
9th
Logo for Lang
Lang
2012, Madrid (Spain), Acquired
Provider of an AI-based automation platform for customer support
$15M
61/100
10th
Logo for Automation Anywhere
Automation Anywhere
2003, San Jose (United States), Series B
Provider of AI-based platform for robotic process automation
$840M
60/100
74th
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. The cap table displayed below is for Light Information Systems Private Limited which is the legal entity associated with E42.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
48.41%
32.3Cr
8389403
8807501
4455041
6234686
2515494
6461058
5809728
8203011
7524265
2617796
Fund
33.40%
22.3Cr
7919581
9020100
1361191
4615699
3625869
4563351
2137610
7810755
4143897
4898650
Angel
10.20%
6.81Cr
8490431
3811190
3474956
5461526
4821122
5523886
7213308
2752472
8235275
5978121
Other People
2.83%
1.9Cr
31
60
93
98
ESOP Pool
5.14%
3.43Cr
59227
77921
67170
56106
Total
99.98%
66.7Cr
6723549
1007513
1844423
4254489
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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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
Download Sample Files
What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

E42's Investments and acquisitions

E42 has made no investments or acquisitions yet.

Reports related to E42

Here is the latest report on E42's sector:

News related to E42

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