2023
Gurugram (India)
Seed
Nitro Commerce is a cutting-edge martech and revenue-as-a-service platform designed to empower e-commerce and direct-to-consumer (D2C) brands with next-generation AI-driven marketing and conversion solutions. The company is a major hub for technology and digital innovation. Nitro Commerce primarily serves the rapidly growing Indian e-commerce sector, with ambitions to expand into global markets, including the United States.
Nitro X: AI-driven, cookieless visitor identification and consent management.
Nitro Collab: Affiliate and influencer marketing platform for D2C brands.
Nitro Store: Personalized product recommendations and checkout optimization.
NitroAds: Performance-based advertising to boost conversions.
Single Sign-On: Seamless, one-click login and lead capture.
In short, Nitro Commerce provides AI-powered tools for privacy-first marketing, influencer partnerships, personalized shopping, and conversion optimization for e-commerce brands.
Subscription Fees: Brands pay monthly or annual subscription fees for access to Nitro Commerce’s suite of marketing automation, analytics, and conversion tools.
Performance-Based Commissions: Nitro Commerce charges a percentage commission based on clients’ ad spending and campaign performance, aligning its incentives with client success.
Revenue Share Model: The company offers outcome-based pricing, taking a share of the incremental revenue generated for clients through its platform.
Affiliate and Partnership Fees: Through Nitro Collab, Nitro earns commissions and fees from facilitating influencer and brand collaborations.
Custom Integrations and Add-ons: Additional revenue comes from bespoke integrations, advanced analytics and premium features tailored to larger enterprise clients.
B2B Focus: Nitro Commerce’s primary customers are small to mid-sized e-commerce and D2C brands looking to optimize marketing ROI and conversion rates.
Enterprise Clients: Larger brands seeking advanced, privacy-compliant and scalable martech solutions.
Agencies and Partners: Marketing agencies and technology partners that integrate Nitro’s tools into their service offerings.
Market Expansion: Rapid onboarding of Indian D2C and e-commerce brands, with plans to enter the U.S. and other global markets.
Product Innovation: Continuous development of AI-powered tools (e.g., Nitro AI, Nitro Play) and expansion of its cookieless, privacy-first technology stack.
Strategic Partnerships: Collaborating with platforms like Shopify, Taboola, Criteo and influencer networks to enhance reach and capabilities.
Customer Education: Investing in training and support to demystify advanced martech for brands new to AI-driven solutions.
Profitability Focus: Targeting profitability by 2025 through operational efficiency and scalable SaaS revenue.
$1.8 Million
1
$1.8 Million, Seed
as of January 10, 2024
-
as of N/A
-
as of N/A
Catalyst Trusteeship
and 5 more46
Telr
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Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
January 10, 2024 | Seed | $1.8 Million | - | - | - | Lead Angels, Cornerstone Venture Partners Fund, Warmup Ventures, Dholakia Ventures, India Accelerator, We Founder Circle, Venture Gurukool, Catalyst Trusteeship, Calabasas Ventures, Vun Digital |