Text Mercato - About the company
Text Mercato is a seed company based in Bengaluru (India), founded in 2015 by Kiran Ramakrishna and Subhajit Mukherjee. It operates as a Provider of artificial intelligence software for retail product data management. Text Mercato has raised $4.21M in funding from investors like 1Crowd, Mount Judi Ventures and Roundtable, with a current valuation of $*****. The company has 230 active competitors, including 47 funded and 22 that have exited. Its top competitors include companies like BILT, Akeneo and inriver.
Company Details
Provider of artificial intelligence software for retail product data management. This technology enables businesses to automate catalog operations, standardize product information, and synchronize inventory across multiple digital sales channels. The system facilitates the enrichment of product attributes, image editing, and the generation of marketing content. It provides competitive intelligence by monitoring market trends, pricing, and customer sentiment. Additionally, the platform supports search engine optimization and growth strategies through automated workflows. By integrating with various e-commerce sources, the software assists in maintaining accurate listings and improving discovery. The solution utilizes machine learning models to assist teams in managing large-scale product operations and executing complex tasks through natural language interactions. It serves various retail sectors by streamlining the transition from product onboarding to final publication on marketplaces.
- Website
- textmercato.com
- Phone Number
- +91 **********
- Registered Address
- No. 312, 10th E Main, 4th Cross, 1st Block, Jayanagar, Madhavan Park, Bangalore, Bangalore South, Karnataka, India, 560011
Key Metrics
Founded Year
2015
Location
Bengaluru, India
Stage
Seed
Total Funding
$4.21M in 9 rounds
Latest Funding Round
Post Money Valuation
$***** as on May 08, 2024
Ranked
4th among 230 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
82 as on Aug 31, 2025
Legal entities associated with Text Mercato
Text Mercato is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TEXT MERCATO SOLUTIONS PRIVATE LIMITED CIN: U22130KA2015PTC078195 , India, Active | Jan 09, 2015 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 80 (As on May 01, 2026) |
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Text Mercato's funding and investors
Text Mercato has raised a total funding of $4.21M over 9 rounds. Its first funding round was on Oct 19, 2016. Its latest funding round was a Seed round on Feb 02, 2024 for $*****. 16 investors participated in its latest round. Text Mercato has 20 institutional investors and 80 angel investors.
Here is the list of recent funding rounds of Text Mercato:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 02, 2024 | 4280251 | Seed | 5942886 | 7705895 | 5815125 | 2726070 |
Mar 23, 2022 | 5432679 | Seed | 5665083 | 5252289 | 2792599 | |
2020 | 9343 | Seed | 3950 | 4114 | 2543 | 8308 |
View details of Text Mercato's funding rounds and investors
Text Mercato's founders and board of directors
Founder? Claim ProfileThe founders of Text Mercato are Kiran Ramakrishna and Subhajit Mukherjee. Kiran Ramakrishna and Manjunath G N are the CEOs of Text Mercato.
Here are the details of Text Mercato's key team members:
- Kiran Ramakrishna: Co-Founder & CEO of Text Mercato and founder of 2 other companies, Cataloging and Text Mercato. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
- Subhajit Mukherjee: Former Co-Founder of Text Mercato and founder of 2 other companies, Rubick and Cataloging. They serve on the boards of 2 companies.Contact Info: 1 email address
- Manjunath G N: CEO of Text Mercato. Contact Info: 1 email address and 1 phone number
Text Mercato's Board of Directors
Text Mercato's board has 2 active members. Kiran Ramakrishna and Subhajit Mukherjee are part of team.Here is the list of Text Mercato's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 6m | |
Team | - | Current | 11y 6m | |
sskim{a | Investor | - | Past | 1y 9m |
View details of Text Mercato's Founder profiles and Board Members
Text Mercato's employee count trend
Text Mercato has 82 employees as of Aug 25. The total employee count is 9.0% more than what it was in Aug 24. Here is Text Mercato's employee count trend over the years:
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Text Mercato's Competitors and alternates
Top competitors of Text Mercato include BILT, Akeneo and inriver. Here is the list of Top 10 competitors of Text Mercato, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | BILT 2014, Grapevine (United States), Series B | Developer of an app providing 3D assembly instructions for consumer goods | $32.1M | 73/100 | |
2nd | Provider of open-source product information management solutions for businesses | $197M | 67/100 | ||
3rd | Provider of cloud-based PIM tool for online businesses | $57.4M | 66/100 | ||
4th | Text Mercato 2015, Bengaluru (India), Seed | Provider of artificial intelligence software for retail product data management | $4.21M | 66/100 | |
5th | Fabric 2017, Bellevue (United States), Series C | E-commerce and channel sales management platform | $297M | 63/100 | |
6th | Venzee 1996, Chicago (United States), Public | Provider of product information management and content syndication platform | - | 63/100 | |
7th | Novi 2019, Larkspur (United States), Series B | Provider of product data optimization platform for CPG brand AI shopping | $51.6M | 61/100 | |
8th | Salsify 2012, Boston (United States), Series F | Product content management and syndication platform for businesses | $453M | 61/100 | |
9th | Pimberly 1991, Manchester (United Kingdom), Series B | Provider of product information management platform with integrated digital asset management | $17.8M | 59/100 | |
10th | 1WorldSync 2012, Ewing Township (United States), Acquired | Provider of product content solutions | - | - | 57/100 |
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Text Mercato's Investments and acquisitions
Text Mercato has made no investments or acquisitions yet.
Reports related to Text Mercato
Here is the latest report on Text Mercato's sector:
News related to Text Mercato
Media has covered Text Mercato for 1 event in last 1 year.
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Credit risk automation platform Kaaj raises $3.8M seed from Kindred VenturesStartupNews•Nov 19, 2025•Kaaj.ai, Kindred Ventures, Better Tomorrow Ventures, Karman and 17 others
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Bengaluru-based content marketing startup Text Mercato raises pre-Series A fundingHrNxt.com•Dec 11, 2020•Text Mercato, Windrose Capital, 1Crowd, Precily and 1 other
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Text Mercato raises USD 646,000 in Funding Round Led by 1CrowdUnited News of India•Aug 22, 2020•Text Mercato, 1Crowd, Betatron Venture Group
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