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Pavestone Ventures leads $5.4 Mn Series A round in E42

E42, a no-code AI platform, has raised $5.4 million in its Series A round led by Pavestone Ventures.

Founded in 2012 by Animesh Samuel and Sanjeev Menon, E42 makes process-centric and people-centric automation easier across verticals by driving human-like cognition across these processes.

The automation is powered by multifunctional cognitive agents or “AI Co-workers”, which enterprises can create and customize on the E42 platform based on their needs.

According to the Pune-based company, the funds will be deployed in enhancing the company’s AI platform E42 by boosting R&D to maintain the tech advantage, build their partner ecosystem, and engage businesses globally.

The platform has been recognized by industry giants like Microsoft, SAP, Oracle, IDC, NVIDIA, NASSCOM and SaaSBhoomi, among others.

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