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Reverie

Reverie Technologies is a local language technology service start-up, which helps netizens converse, transact, and collaborate in their native language.
Reverie Technologies is a local language technology service start-up, which helps netizens converse, transact, and collaborate in their native language. Reverie helps a business remove the language barrier for the platform with content localisation. This enables the platform’s interface to be available in 11 Indian languages with the company’s cloud based language-as-a-service (LaaS) tool. The LaaS platform in real time includes Indian language transliteration, or script conversion, as part of its localisation solution, including transliteration from English into an Indian script.
  • Enterprise Tech
    HEADQUARTERS
    Bangalore, Karnataka, , India
    COMPANY SIZE
    61 to 100
    FOUNDED
    1st Jan 2009

    Awards

    Awards and Recognitions
    17
    A YourStory list of startups that made the news this year for all the right reasons.
    This year proved to be a truly defining year for Reverie as it was acquired by the country’s most-valuable publicly traded company, Reliance Industries, for Rs 190 crore. It also received an additional Rs 77 crore in investment. With this, the startup can access the deep trove of data Reliance has and get funds for expansion. The Indian conglomerate, in turn, will work with Reverie to integrate its services in the group’s different digital consumer platforms. The startup has set itself a goal for the next three years – to reach 500 million users, become a market leader in Indian language technologies, and be the Indian company that defines and implements Indian language technology standards.

    Funding

    Funding Rounds and Investors
    NON-EQUITY-ASSISTANCE
    Undisclosed
    Investors
    Microsoft Accelerator Bangalore
    Jun 2016
    SERIES-A
    $4M
    Investors
    Aspada, Qualcomm Ventures
    Aug 2015