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Lio - About the company

Lio is a seed company based in Pune (India), founded in 2020 by Anupam Vijayvergia and Anurag Vijayvergia. It operates as a Provider of a no-code AI platform for building custom enterprise applications. Lio has raised $5.48M in funding from Lightspeed Venture Partners and Sequoia Capital, with a current valuation of $*****. The company has 4266 active competitors, including 302 funded and 130 that have exited. Its top competitors include companies like Box, Moveworks and Pipefy.

Company Details

Provider of a no-code AI platform for building custom enterprise applications. The platform enables businesses to rapidly develop and deploy internal applications, replacing traditional spreadsheets with a centralized data source. It offers native mobile and web platforms, allowing applications to evolve with changing business requirements. It also provides tools to streamline workflows, analyze data, and automate processes without coding that integrates with various internal and external applications to manage operations.
Social
X
Email ID
*****@lio.io
Phone Number
+91 **********
Registered Address
WeWork Enam Sambhav,C - 20, G Block Rd,G Block BKC Bandra Kurla Complex, Bandra East, Mumbai City, Mumbai, Maharashtra, India, 400051
Key Metrics
Founded Year
2020
Location
Pune, India
Stage
Seed
Total Funding
$5.48M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 10, 2021
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
10 as on Aug 31, 2025
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Lio's funding and investors

Lio has raised a total funding of $5.48M over 2 rounds. Its first funding round was on Mar 22, 2021. Its latest funding round was a Seed round on Sep 10, 2021 for $*****. 2 investors participated in its latest round. Lio has 5 institutional investors and 17 angel investors.

Here is the list of recent funding rounds of Lio:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 10, 2021
2466068
Seed
8836231
9731791
7006149
2056726
Mar 22, 2021
3170933
Seed
4612451
4360609
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Lio's founders and board of directors

Founder? Claim Profile
The founders of Lio are Anupam Vijayvergia and Anurag Vijayvergia.
Here are the details of Lio's key team members:

Lio's Board of Directors

Lio's board has 2 active members. Anupam Vijayvergia and Anurag Vijayvergia are part of team.
Here is the list of Lio's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
11y 2m
Team
-
Current
11y 2m

Lio's employee count trend

Lio has 10 employees as of Aug 25. The total employee count is 44.0% lower than what it was in Aug 24. Here is Lio's employee count trend over the years:
Employee count trend for Lio
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Lio's Competitors and alternates

Top competitors of Lio include Box, Moveworks and Pipefy. Here is the list of Top 10 competitors of Lio, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Box
Box
2005, Redwood City (United States), Public
AI based platform for secure collaboration, content management, and workflow
$693M
80/100
2nd
Logo for Moveworks
Moveworks
2016, Mountain View (United States), Acquired
Developer of an AI assistant platform for enterprise workflow automation
$315M
73/100
3rd
Logo for Pipefy
Pipefy
2015, San Francisco (United States), Series C
SaaS-based workflow and task management solution provider
$149M
72/100
4th
Logo for UnifyApps
UnifyApps
2023, New York (United States), Series B
AI-powered enterprise platform offering a unified integration layer to connect systems of record
$84.2M
69/100
5th
Logo for Blue Prism
Blue Prism
2001, Warrington (United Kingdom), Acquired
Cloud-based platform for cognitive automation
$30.5M
68/100
6th
Logo for Zapier
Zapier
2011, San Francisco (United States), Seed
Provider of a platform for automating workflows and integrating applications
$2.68M
68/100
7th
Logo for Gumloop
Gumloop
2023, San Francisco (United States), Series B
AI-powered platform for building and hosting LLM powered automations
$70.6M
68/100
8th
Logo for Upstage
Upstage
2020, San Jose (United States), Series C
Provider of AI platform for multiple task management
$285M
66/100
9th
Logo for Kissflow
Kissflow
2012, Wilmington (United States), Seed
Provider of a low-code platform for building and managing enterprise applications
$1.03M
65/100
10th
Logo for Workato
Workato
2013, Mountain View (United States), Series E
AI powered automation and iPaaS solutions for enterprises
$421M
65/100
51st
Logo for Lio
Lio
2020, Pune (India), Seed
Provider of a no-code AI platform for building custom enterprise applications
$5.48M
54/100
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Lio's Latest cap tables and shareholding

Founders (largest shareholder) own 58.22%, Funds own 21.53%, Angels own 19.54% and Other People own 0.72%. The net worth of Lio's founders is INR 103Cr as of Sep 10, 2021.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
58.22%
103Cr
8308587
1463042
8674970
8352631
1874900
7648115
4935827
4583743
6664310
9350673
9857172
7346591
9354466
1530911
5592079
2071293
Fund
21.53%
38Cr
4920659
9467163
5359200
5844470
3333719
5605036
9513662
4858020
1345266
9282945
7402956
4216274
2065248
3851446
7376062
1699113
Angel
19.54%
34.5Cr
3538285
3397290
6712854
2465296
79847
29122
58828
72579
81081
26270
Other People
0.72%
1.28Cr
0
0
0
0
Total
100.00%
177Cr
5245079
4157640
9113941
8153417
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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 Lio's Shareholding

Lio's Investments and acquisitions

Lio has made no investments or acquisitions yet.

Reports related to Lio

Here is the latest report on Lio's sector:

News related to Lio

Media has covered Lio for 1 event in last 1 year.
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