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Marax - About the company

Marax is a seed company based in Bengaluru (India), founded in 2016 by Sumant Subrahmanya, Raman Shrivastava and Prateek Gupta. It operates as an AI-enabled solution to reduce churn rate. Marax has raised an undisclosed amount in funding from investors like Artesian, Axilor Ventures and Zeroth Ai. The company has 788 active competitors, including 47 funded and 31 that have exited. Its top competitors include companies like Centific, VoyagerX and Filament AI.

Company Details

Marax provides an AI-enabled solution to reduce the churn rate. Helps in predicting possible churns and churn drivers based on contextual usage by the customers. Also, recommends actions to retain the possible churns. NestAway, Daily Ninza, Fynd, and Orahi are part of their clientele.
Website
marax.ai
Social
XFacebook
Email ID
*****@marax.in
Phone Number
+91 **********
Part Of
Registered Address
No. 198, 2nd Floor, CMH Road, 2nd Stage Near-Shanti Sagra Hotel, Indiranagar, Bangalore, Bengaluru, Karnataka, India, 560038
Key Metrics
Founded Year
2016
Location
Bengaluru, India
Stage
Seed
Latest Funding Round
Investors
Ranked
Annual Revenue
₹1.88Cr as on Mar 31, 2022
Employee Count
37 as on Jan 31, 2023
Similar Companies
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Marax's funding and investors

Marax has raised funding over 3 rounds. Its first funding round was on Oct 2017. Its latest funding round was a Seed round on Dec 24, 2018 for $*****. 2 investors participated in its latest round. Marax has 3 institutional investors.

Here is the list of recent funding rounds of Marax:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 24, 2018
7099988
Seed
2324746
2716130
4213434
6623658
Oct 24, 2017
3645625
Seed
1377454
6167651
2782774
7027008
Oct 2017
6461005
Conventional Debt
9853622
9225780
7488116
1314052
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Marax's founders and board of directors

Founder? Claim Profile
The founders of Marax are Sumant Subrahmanya, Raman Shrivastava and Prateek Gupta.
Here are the details of Marax's key team members:

Marax's employee count trend

Marax has 37 employees as of Jan 23. Here is Marax's employee count trend over the years:
Employee count trend for Marax
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Marax's Competitors and alternates

Top competitors of Marax include Centific, VoyagerX and Filament AI. Here is the list of Top 10 competitors of Marax, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Centific
Centific
2018, Redmond (United States), Series A
Provider of AI, data analytics, and other services
$60M
54/100
2nd
Logo for VoyagerX
VoyagerX
2017, Seoul (South Korea), Series A
AI-based platform offering software solutions
$39.3M
53/100
3rd
AI-powered private equity enablement platform
$8.4M
52/100
4th
Provider of AI research, natural language processing, and computer vision services
-
48/100
5th
Logo for ML6
ML6
2013, Ghent (Belgium), Unfunded
AI-powered MLOps solutions for deployment of machine learning models
-
-
46/100
6th
Logo for Future Standard
Future Standard
2014, Bunkyo (Japan), Acquired
Provider of AI development services
$3.51M
45/100
7th
Logo for All Turtles
All Turtles
2017, San Francisco (United States), Series A
AI based software development studio
$5M
45/100
8th
Logo for Augtera
Augtera
2017, San Francisco (United States), Acquired
Provider of AI development services
$18M
44/100
9th
Logo for Syncly
Syncly
2022, San Francisco (United States), Seed
AI based customer feedback analytics software for enterprises
$3.3M
44/100
10th
Logo for Marax
Marax
2016, Bengaluru (India), Seed
AI-enabled solution to reduce churn rate
-
43/100
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Marax's Investments and acquisitions

Marax has made no investments or acquisitions yet.

News related to Marax

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