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Sciative Solutions

Sciative offers AI-powered automated real-time price optimization and promotions solutions for revenue maximization. It is one of the fastest-growing tech startups, scaling with double-digit growth even during pandemic times.

E-Commerce, Entertainment, Mobility / Transportation, Retail, Analytics & BI, Machine Learning, Travel/Hospitality

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Products and Services

viaje.ai

Viaje.ai is 100% automated product for dynamic pricing of bus tickets.Integrated with all GDS, it re-prices every 15 mins w.r.t. market volitality.

Travel

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BRIO: Energizing Retail

BRIO powered with AI, helps omnichannel retailers & brands automate and optimize their pricing and promotions across all marketplaces and channels.

Retail

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Basic Information

Founded by IIT, IIM, and Top US University graduates, Sciative strives to solve the daunting problem of every business - RIGHT PRICE! In the last 3 years, Sciative has become a homegrown leader in driving India's top enterprises find right prices for every product, every market, every customer, every transaction. It is one of the fastest-growing tech startups, scaling with double-digit growth even during pandemic times. It offers pricing and big data analytics expertise in ecommerce, retail, travel, entertainment, & hospitality. It helps plug revenue leaks through services such as Revenue Management Services, Customer Loyalty and Engagement Automation, Retail Automation and Price Optimization, Big Data and Advanced Analytics Services. Sciative has been identified by FICC and PWC as the LevelNxt startup and one of the fastest-growing deep tech startups in the area of pricing and revenue maximization.

Legal Name

Sciative Solutions Private Limited

Headquarters

Mumbai, Maharashtra , India

Business Model

B2B

Founding Date

2015

No. of Employees

21 to 40

Core Team

Anshu Jalora

Founder and MD

Vijeta Soni

Co-Founder and CEO

Timeline

2017

Jun | Product Launch

BRIO for Retail launched (then called SIPOS)

Sep | Started Generating Revenue

Retail: The first client for BRIO Signed (then called SIPOS) - One of the largest Electronics Retailer

Dec | Became Profitable

Profitability kicks in!

2018

Jan | Key Customer Milestone

Tata Croma

May | Stepped into New Market

Hospitality: with India's largest and most prestigious Resort chains

Revenue Stream

Licensing

Fee-For-Service

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Target Market

B2B

Sciative enjoys the position of the niche player in the Indian and International market, as its one the rate companies that has conceptualized a developed successful Pricing and Customer Engagement SaaS products for diversifies industries from Retail to ecommerce, from Travel to hospitality, from Entertainment to Cinemas. Just the Retail Price Optimization Software Market size was estimated at USD 881.89 Million in 2020 and expected to reach USD 1,032.97 Million in 2021, at a Compound Annual Growth Rate (CAGR) 17.47% from 2020 to 2026 to reach USD 2,317.29 Million by 2026. Additionally, pricing and data intelligence market in the travel/hospitality and entertainment (ad slots) industry's scope for Pricing and Customer Engagement is over $4,874 million with a YOY growth rate of 22% by 2027.

Client Segment

Retail, Entertainment, Travel/Hospitality

Target Companies

Medium Enterprise, Large Enterprise

Target Geography

North America, Europe, India, Asia Pacific

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Funding

Total Funding

$1.0M

Investors

TurboStart