Plotch.ai, an AI-driven company focused on enhancing the experience for sellers and buyers on the Open Network for Digital Commerce (ONDC), has successfully raised an undisclosed amount in seed funding. The investment round was led by early-stage investment firm Venture Catalysts, with participation from AC Ventures.
Founded in 2020 by Manoj Gupta and Monica Gupta, the visionary minds behind Craftsvilla.com, Plotch.ai aims to streamline business transactions on the ONDC platform through the power of artificial intelligence. This latest round of funding marks a significant milestone for the startup as it continues to innovate and reshape the landscape of digital commerce in India.
Empowering Sellers and Buyers on ONDC
The Open Network for Digital Commerce (ONDC) represents a groundbreaking initiative by the Indian government to create a unified digital marketplace that fosters transparency, efficiency, and inclusivity. With Plotch.ai’s cutting-edge AI tools, sellers and buyers on the ONDC platform can expect a seamless and user-friendly experience, revolutionizing the way business is conducted online.
Plotch.ai’s suite of solutions leverages advanced AI algorithms to optimize various aspects of the buying and selling process. From automated inventory management to personalized product recommendations, the platform empowers sellers to enhance their online presence and drive sales. Likewise, buyers benefit from intelligent search functionalities and tailored recommendations that make shopping more convenient and enjoyable.
Strategic Partnerships and Growth Trajectory
The seed funding round led by Venture Catalysts underscores the confidence and support behind Plotch.ai’s vision of transforming digital commerce in India. In addition to Venture Catalysts, AC Ventures’ participation in the funding round further validates the startup’s potential to drive meaningful change in the industry.
Manoj Gupta, Co-founder of Plotch.ai, expressed gratitude for the support received from Venture Catalysts and highlighted the company’s commitment to accelerating product development and expanding its customer base. With a focus on inclusivity and innovation, Plotch.ai aims to play a pivotal role in shaping the future of India’s digital marketplace.
A Vision for Inclusive Digital Commerce
As India’s digital economy continues to evolve, initiatives like the ONDC and innovative startups like Plotch.ai are poised to drive significant transformation. By harnessing the power of AI and technology, Plotch.ai seeks to democratize access to digital commerce, empowering businesses of all sizes to thrive in the digital age.
Looking ahead, Plotch.ai remains dedicated to its mission of building a truly inclusive digital marketplace that caters to the diverse needs of sellers and buyers across India. With strategic partnerships, innovative solutions, and a passionate team driving its growth, Plotch.ai is well-positioned to lead the charge towards a more accessible, efficient, and equitable digital economy.