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
- 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
Ranked
52nd among 458 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
78 as on Aug 31, 2025
Legal entities associated with E42
E42 is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Light Information Systems Private Limited CIN: U72900PN2012PTC143196 , India, Active | Apr 27, 2012 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 78 (As on Aug 01, 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:
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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 |
View details of E42's funding rounds and investors
E42's founders and board of directors
Founder? Claim ProfileThe 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:
- Sanjeev Menon: Co-Founder & Head of Tech & Product of E42. They serve on the board of 1 company.Contact Info: 1 email address
- Animesh Samuel: Co-Founder & CEO of E42. They serve on the board of 1 company.Contact Info: 1 email address
- Sanjeev Nair: Co-Founder of E42 and founder of 1 other company. Contact Info: 1 email address
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 |
View details of E42's Founder profiles and Board Members
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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | UiPath 2005, New York City (United States), Public | Provider of a platform for agentic automation and AI solutions | $1.96B | 72/100 | |
2nd | Blue Prism 2001, Warrington (United Kingdom), Acquired | Cloud-based platform for cognitive automation | $30.5M | 68/100 | |
3rd | WorkFusion 2010, New York City (United States), Acquired | Provider of robotic process automation and chatbot solutions to automate work processes | $411M | 67/100 | |
4th | Upstage 2020, San Jose (United States), Series C | Provider of AI platform for multiple task management | $285M | 66/100 | |
5th | ABBYY 1989, Milpitas (United States), Late Stage | Provider of intelligent automation software and solutions for document and process understanding | - | 65/100 | |
6th | Automation Anywhere 2003, San Jose (United States), Series B | Provider of AI-based platform for robotic process automation | $840M | 64/100 | |
7th | Provider of low and no code intelligent business automation platform that enables digital transformation | $73M | 63/100 | ||
8th | Unframe AI 2024, Cupertino (United States), Series B | Provider of a managed AI delivery platform for tailored business solutions | $100M | 62/100 | |
9th | Cloud-based AI operating system that enables businesses to build and deploy customized AI agents and enterprise apps | $2.04M | 62/100 | ||
10th | Adept 2017, San Francisco (United States), Series B | Developer of AI-powered automation for software workflows and digital assistants | $415M | 61/100 | |
52nd | AI based cognitive process automation platform for businesses | $10.5M | 38/100 |
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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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Pavestone VC Bags INR 15 Cr From Colruyt Group India For Its INR 900 Cr FundInc42•Jun 13, 2024•Pavestone Capital, E42, Newspace Research and Technologies, LivNSense and 2 others
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E42 Appoints Jonathan Jewett as Chief Growth Officer for the AmericasBusinessnewsthisweek•Feb 09, 2024•E42
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E42 Onboards Care by Tech as a Strategic Partner in the UK and European RegionPassionate In Marketing•May 30, 2023•Care By Tech, E42
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E42 Onboards Beetel as an Authorized Distributor in the India RegionBusinessnewsthisweek•Dec 13, 2022•E42, Beetel
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Vinay Verma joins E42 as the Director of Global Partners & AlliancesDigitalHR•Jun 17, 2022•E42, Salesforce
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E42 Picks Oracle Cloud to Accelerate Innovation and Digital TransformationBW Businessworld•Jun 08, 2022•E42, Oracle
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Ai Platform E42 Raises $5.4m In Series A Round Led By Pavestone VenturesYourStory•Oct 26, 2021•E42, Pavestone Capital
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