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Locale.ai


Locale.ai



Overview



Locale.ai is a location analytics company that specializes in leveraging AI to automate business processes and enhance operational efficiencies. The company was co-founded by Aditi Sinha and Rishabh Jain in March 2019, aiming to help businesses optimize their real-time location data management. Locale.ai's AI-driven solution empowers sales teams by automating repetitive tasks, thus allowing them to focus more on strategic goals.

Key Features and Offerings



Locale.ai's platform provides several AI agent functionalities specifically tailored to sales processes:

  • Automatic CRM Updates: AI agents read meeting transcripts, extract discovery question responses, and update CRM systems accordingly.

  • Lead Enrichment: Enriches inbound/outbound leads with additional information to help personalize sales outreach.

  • Task Creation for Lead Followup: Automates task scheduling in CRMs or calendars for timely followups.

  • Custom Sales Collateral Creation: Automatically generates tailored presentations and documents.

  • Automated Followups: Sends industry-specific, timely followup emails based on various deal criteria.

  • Pre-meeting Research: Provides sales reps with relevant research and notes before meetings.

  • Lead Scoring and Qualification: Scores and qualifies leads based on predefined criteria.

  • Lead Routing: Routes leads to appropriate sales reps and schedules meetings automatically.

  • Sales Activity Analysis: Analyzes sales data and generates performance reports.


Security and Compliance



Locale.ai prioritizes data security and compliance with stringent measures, including:

  • GDPR, SOC-II, HIPAA compliance

  • End-to-end encryption

  • Role-based access


Recent Performance and Funding



Locale.ai has demonstrated strong growth and investor confidence:

  • Funding Rounds: Raised a total of $5 million with the most recent influx including a seed round of Rs 9.6 crore (~$1.3M) led by Chiratae Ventures and Better Capital.


Market Impact and Clientele



Locale.ai serves a diverse range of industries and global clients, including:

  • Companies in Europe, Latin America, MENA, India, and Singapore.

  • Notable clients like Bounce (India), Dunzo (India), Zwings (UK), and OMNi (Costa Rica).

  • Partnerships with Wunder Mobility (Germany).


Founders and Key Team Members



  • Aditi Sinha, Co-founder and Forbes 30 Under 30 Asia honoree, holds a background in Economics from BITS Pilani.


  • Rishabh Jain, Co-founder and also recognized in Forbes 30 Under 30 Asia.



Key team members include:
  • Rihab Hussain (Sales)


  • Shashank Tiwari (Product Marketing Manager)


  • Jayesh Masand (Go-to-Market)

  • Varun Rangarajan (Customer Success)


Vision and Mission



Locale.ai is dedicated to revolutionizing business operations through AI-driven process automation. The company's mission is to liberate business teams from repetitive tasks, allowing them to achieve peak operational efficiency and strategic success. Aditi Sinha and Rishabh Jain envision a future where AI plays a central role in executing business processes, with human input focused on providing data and necessary approvals. This integration aims to drastically reduce operational times and downtime, thereby maximizing productivity and profitability.


Competitor Profiling for Locale.ai



Main Competitors



1. Digital Map Products



  • Annual Revenue: $234.1M

  • Number of Employees: 1129

  • Funding: $41.2M

  • Core Services: Cloud-based location technology and content services, primarily providing API access to mapping technology.


2. AmigoCloud



  • Annual Revenue: $2.4M

  • Number of Employees: 24

  • Funding: Undisclosed

  • Core Services: Geospatial platform for collecting, managing, analyzing, visualizing, and publishing location data. Offers two main products: amigoCollect and amigoPlatform.


3. IndoorAtlas



  • Annual Revenue: $0.5M

  • Number of Employees: 15

  • Funding: $31.5M

  • Core Services: Indoor positioning technology that enables developers to build indoor location-based applications using sensor fusion technologies.


4. CleverAnalytics



  • Annual Revenue: Less than $5M

  • Core Services: Cloud-based software for location intelligence, competitor analysis, and customer loyalty tracking. It integrates business and location data to answer complex questions.


5. GapMaps Pty



  • Annual Revenue: $3.6M

  • Number of Employees: 31

  • Core Services: Location intelligence and mapping software providing insights and analytics for business planning and strategy.


Notable Features and Services



Locale.ai:
  • Converts real-time location data into actionable insights.

  • Assists companies with moving assets, increasing revenues, and operational efficiencies.

  • Differentiates itself by converting each notification into a valid ticket and tracking that ticket through resolution.


Competitor Offerings:

Digital Map Products:
  • Provides advanced spatial data and mapping technology services.

  • Serves a wide range of industries with extensive mapping and geospatial analytics capabilities.


AmigoCloud:
  • Specializes in collaborative mapping and location data collection.

  • Offers tools for both online and offline data collection, with robust analytics and visualization features.


IndoorAtlas:
  • Focuses on indoor positioning solutions with a geomagnetic-hybrid technology.

  • Provides tools for indoor navigation, geofencing, and augmented reality applications.


CleverAnalytics:
  • Combines business intelligence and location data for comprehensive analysis.

  • Use cases include retail site selection, location-based marketing, and strategic planning.


GapMaps Pty:
  • Delivers a mapping platform for competitive strategy and business expansion.

  • Supports data-driven decision-making with location insights.


Headquarters and Key Contacts



Locale.ai Headquarters:
  • 6th Cross, 6th Block Koramangala Club Road, Bengaluru, India.


Key Contacts:
  • Anand Kansal: Director of Marketing

  • Akshaye Badiger: Product Marketing Manager

  • Milek Agrawal: Product Engineer

  • Afroz Hussain: Product Engineer

  • Jayesh Masand: Founder's Office

  • Rahul Kumar: Talent & Culture


Funding and Recent Developments



  • In August 2021, Locale.ai secured $1.3 million in seed funding, which was led by Chiratae Ventures and Better Capital.

  • Locale.ai continues to enhance its product offerings, focusing on improving the management and insights derived from real-time location data.