Glib - About the company
Glib is an acquired company based in Ahmedabad (India), founded in 2013 by Mohit Sandeep Shah and Purav Parekh Nikhil. It operates as a Provider of AI-powered solutions for document processing and data extraction. , with last known valuation of $*****. The company has 339 active competitors, including 63 funded and 30 that have exited. Its top competitors include companies like Conga, airSlate and Vectara.
Company Details
Provider of AI-powered solutions for document processing and data extraction. It offers solutions for bank statement analysis, financial statement analysis, and invoice analysis. It caters to industries such as banking, financial services, insurance, and supply chain and finance. The company's solutions are used for use cases like credit assessment, lending operations, and compliance. It converts unstructured data into structured data and actionable insights using APIs to extract information from text, images, and documents.
- Website
- glib.ai
- Email ID
- *****@glib.ai
- Registered Address
- Block-B-503, Shilp Corporate Park, Beside Aaron Spectrum, Rajpath Road, Bodakdev, Ahmedabad, Ahmadabad City, Gujarat, India, 380054
Key Metrics
Founded Year
2013
Location
Ahmedabad, India
Stage
Acquired
Last Known Valuation
$***** as on Mar 16, 2022
Ranked
61st among 339 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
28 as on May 31, 2025
Exit Details
Acquired by Cygnet Infotech (Mar 16, 2022)
Legal entities associated with Glib
Glib is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
GENESIS ARTIFICIAL INTELLIGENCE PRIVATE LIMITED CIN: U72100GJ2013PTC077834 , India, Active | Dec 10, 2013 | 0 - ₹10 Cr (As on Mar 31, 2025) | 30 (As on Feb 01, 2026) |
Glib's acquisition details
Glib got acquired by Cygnet Infotech on Mar 16, 2022 at an acquisition amount of $*****.
Click here to take a look at Glib's acquisition in detail
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Glib's funding and investors
Glib has not raised any funding rounds yet.
Glib's founders and board of directors
Founder? Claim ProfileThe founders of Glib are Mohit Sandeep Shah and Purav Parekh Nikhil. Mohit Sandeep Shah is the CEO of Glib.
Here are the details of Glib's key team members:
- Mohit Sandeep Shah: Co-Founder & CEO of Glib and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Purav Parekh Nikhil: Co-Founder of Glib. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
Glib's Board of Directors
Glib's board has 4 active members. Mohit Sandeep Shah, Purav Parekh Nikhil and Sanket Handa are part of team and Niraj Karnik Hutheesing is independent board member.Here is the list of Glib's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 12y 8m | |
Team | - | Current | 12y 8m | |
nudotfr | Team | - | Current | 3y 9m |
Independent board member | - | Current | 4y 3m |
View details of Glib's Founder profiles and Board Members
Glib's employee count trend
Glib has 28 employees as of May 25. The total employee count is 22.0% more than what it was in May 24. Here is Glib's employee count trend over the years:
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Glib's Competitors and alternates
Top competitors of Glib include Conga, airSlate and Vectara. Here is the list of Top 10 competitors of Glib, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Conga 2006, Broomfield (United States), Acquired | Provider of document automation, contract lifecycle management, and revenue solutions | $140M | 68/100 | |
2nd | airSlate 2006, Brookline (United States), Series C | Provider of document workflow automation and marketing intelligence platform solutions | $185M | 66/100 | |
3rd | Vectara 2020, Palo Alto (United States), Series A | Provider of a platform for building governed, grounded, auditable AI agents | $73.5M | 63/100 | |
4th | Hebbia Series B | Developer of artificial intelligence platforms for financial institution analytical workflows | $161M | 62/100 | |
5th | Reducto 2023, San Francisco (United States), Series B | Provider of AI software for document parsing and data extraction | $108M | 62/100 | |
6th | Unstructured 2022, Loomis (United States), Series B | Platform offering text analytics solutions | $65M | 62/100 | |
7th | Indico Data 2014, Boston (United States), Series B | Developer of an agentic decisioning platform for insurance underwriting and claims | $72.7M | 61/100 | |
8th | Provider of AI-native product discovery platform optimizing search relevance and conversion | $18.4M | 60/100 | ||
9th | Docugami 2018, Kirkland (United States), Seed | Developer of AI that transforms unstructured documents into structured, actionable data | $11.7M | 59/100 | |
10th | Primer 2015, San Francisco (United States), Series D | AI based text summarization and contextualization software tool | $237M | 59/100 | |
61st | Provider of AI-powered solutions for document processing and data extraction | - | - | 37/100 |
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Glib's Investments and acquisitions
Glib has made no investments or acquisitions yet.
Reports related to Glib
Here is the latest report on Glib's sector:
News related to Glib
•
Cygnet Infotech acquires majority stake in an emerging Artificial Intelligence start-upCygnet Digital•Mar 15, 2022•Cygnet Infotech, Glib, Cygnet One
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