Thane-based marketing automation startup Grexa AI has raised 15.5 crores (approximately $1.85 million) in Seed Funding Round led by Utsav Somani, with participation from notable angel investors including DEVC (Z47 seed fund), Bharat Funders Fund, Revant Bhate, Vaibhav Domkundwar, Ramakant Sharma and Ramant Sumpota, Devc (Z47 Seed Fund), Bharat Fund Fund and well-known angel investors.
Founded in 2024 by Ashutosh Kumar, Ayush Varshney, Arpit Oswal and Narendra Agrawal, Grexa AI is on its mission to simplify digital marketing for more than $6 trillion companies in India. The platform offers enterprise-grade digital marketing tools with simple, AI-powered apps tailored for small business owners with limited technical resources.
Grexa integrates local SEO, social media management, online advertising and website tools into a single interface and uses an autonomous AI engine to drive full funnel marketing on and on at all times. Currently used by over 21,600 companies, from salons and gyms to clinics and cafes, Grexa has established itself as a one-stop solution that eliminates the need for institutions and complex tools.
The new salary increases will be used to accelerate product innovation and expand market reach, the company said in a statement. With an AI-first approach, Grexa AI aims to democratize digital growth and change how small and medium-sized businesses engage with their customers online.
