Gurgaon-based startup Process9, which offers online translation and transliteration from English to Indian languages via a cloud enabled technology, has raised an undisclosed amount in a pre-Series A round of funding.
Process9 was founded by Rakesh Kapoor, Vidushi Kapoor and Devendra Joshi. They comes with over two decades of experience involved in development of fonts, spell checks and transliteration for Indian languages.
The funding will be used towards the product and technology enhancement. And the plan for the startup is to raise Series A funding in next six months.
The startup provides localization solution that enables translation and transliteration across 9 Indian languages. They aid businesses to reach more consumers and effectively increase their market share by providing them with innovative solutions to increase scalability. It can be used on mobile devices, websites, apps and other content.
Their client includes Jeevansathi, Bookmyshow, Boonbox and Voonik, among others.
In March 2015, the company had raised an undisclosed amount of funding in a round led by IAN and Alok Sharma, CEO of Nature Eco Ventures, which also saw participation from Kris Gopalakrishnan and Ajai Chowdhry.
Regional language enabling technology has attracted lot of focus. This year, Indus, the regional smartphone operating system, has raised around Rs 33 crore ($ 5 million) as series A funding. The round was led by global investment fund Omidyar Network.
OnlineTyari, the multilingual test preparation app has secured USD 5 million in an angel round of funding from investors 500 Startups, Tandem Capital, TV Mohandas Pai, Vikram Chachra of Eight Capital and Aloke Bajpai of Ixigo.
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