Internal Server Error

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
Social
XFacebook
Email ID
*****@glib.ai
Part Of
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
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
28 as on May 31, 2025
Similar Companies
Exit Details
Acquired by Cygnet Infotech (Mar 16, 2022)

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
Sign up to download Glib's company profile

Glib's funding and investors

Glib has not raised any funding rounds yet.

Glib's founders and board of directors

Founder? Claim Profile
The 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:

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

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:
Employee count trend for Glib
lockUncover Glib's growth story! Sign up today!
chrome_extension_cta_illustration
Access Tracxn on any website
Our Google Chrome extension lets you view company details while browsing their websites
Install Tracxn Extension

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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Conga
Conga
2006, Broomfield (United States), Acquired
Provider of document automation, contract lifecycle management, and revenue solutions
$140M
68/100
2nd
Logo for airSlate
airSlate
2006, Brookline (United States), Series C
Provider of document workflow automation and marketing intelligence platform solutions
$185M
66/100
3rd
Logo for Vectara
Vectara
2020, Palo Alto (United States), Series A
Provider of a platform for building governed, grounded, auditable AI agents
$73.5M
63/100
4th
Logo for Hebbia
Hebbia
Series B
Developer of artificial intelligence platforms for financial institution analytical workflows
$161M
62/100
5th
Logo for Reducto
Reducto
2023, San Francisco (United States), Series B
Provider of AI software for document parsing and data extraction
$108M
62/100
6th
Logo for Unstructured
Unstructured
2022, Loomis (United States), Series B
Platform offering text analytics solutions
$65M
62/100
7th
Logo for Indico Data
Indico Data
2014, Boston (United States), Series B
Developer of an agentic decisioning platform for insurance underwriting and claims
$72.7M
61/100
8th
Logo for Marqo
Marqo
2022, Melbourne (Australia), Series A
Provider of AI-native product discovery platform optimizing search relevance and conversion
$18.4M
60/100
9th
Logo for Docugami
Docugami
2018, Kirkland (United States), Seed
Developer of AI that transforms unstructured documents into structured, actionable data
$11.7M
59/100
10th
Logo for Primer
Primer
2015, San Francisco (United States), Series D
AI based text summarization and contextualization software tool
$237M
59/100
61st
Logo for Glib
Glib
2013, Ahmedabad (India), Acquired
Provider of AI-powered solutions for document processing and data extraction
-
-
37/100
lockGet insights and benchmarks for competitors of 2M+ companies! Sign up today!
Looking for more details on Glib's competitors? Click here to see the top ones

Glib's Latest cap tables and shareholding

Founders (largest shareholder) own 56.66%, Enterprises own 15.00% and Other People own 28.33%. The net worth of Glib's founders is INR 3.97Cr as of Nov 24, 2020.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
56.66%
3.97Cr
2419261
6081396
7495666
3320133
9565356
3598411
6416623
3718788
2203647
5857798
7347410
9482494
8644219
4756733
4502710
5402465
Enterprise
15.00%
1.05Cr
4098913
7413255
3638753
1798235
Other People
28.33%
1.98Cr
5963133
8922138
5594391
1206481
Total
99.99%
7Cr
4316347
4432904
4965238
8243971
lockTo unlock detailed Cap Table of Glib Sign up today!
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 Glib's Shareholding

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

lockGet curated news about company updates, funding rounds, M&A deals and others. Sign up today!

FAQs about Glib

Explore our recently published companies
Tracxn powers 1,000+ customers across 30+ countries
Accel PartnersPartechIN-Q-TEL - USFujitsuTenityStanford