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AI platform Helium Secures $550K Pre-Seed Funding Led by Merak Ventures

AI platform Helium Secures $550K Pre-Seed Funding Led by Merak Ventures
AI platform Helium

SUMMARY

Helium is an AI platform that secured $550k from Merak Ventures in its pre-seed funding round. The  funding round had participation from various new and existing investors including angel investor Alok  Mittal. The startup intends to use these fresh proceeds to scale up operations, enhance AI capabilities,  develop more product offerings, and build a high-performing team. This investment shows the trust of  Merak Ventures in Helim’s market potential and business model. 

The startup works with leading companies in the fashion and consumer tech sectors to provide  intelligent collection and product landing pages. The company offers an artificial intelligence-based  platform that develops products and visitor intelligence into e-commerce websites to help brands  convert. The startup addresses the gaps in businesses and boosts conversions while helping e commerce businesses with revenue. Helium leverages artificial intelligence and machine learning to  understand each product through the behavioral interactions of visitors. This enables the startup to  offer a product according to the tastes and requirements of its customers. 

The partner at Merak Ventures, Sheetal Bhal showed their support and excitement for this deal and  mentioned the need for technology to eliminate business inefficiencies or gaps. This startup aims to  address these gaps to boost the brand’s conversion and revenue streams for e-commerce companies.  Techiexpert mentioned in a report that co-founder of Helium, Shray Arora talked about the aim of  Helium to revolutionize the e-commerce ecosystem by empowering brands and offering them with  seamless, intelligent, and advanced digital band purchasing experience. The company wants to push  the boundaries of digital shopping and establish new industry standards. 

The company plans to expand its network and collaborate with other top e-commerce brands across  the world. The firm mainly focuses on expanding its services in the North American market. Helium  intends to offer every company regardless of budget or size an opportunity to create a seamless  shopping experience for its users like Amazon and Apple. The new funding will help the company to  scale rapidly while offering innovative solutions and strengthening its position in e-commerce  technology.  

Conclusion: 

Helium is an online artificial Intelligence platform that secured $550k in its pre-seed funding round.  This round was led by Merak Ventures with the participation of angel investor Alok Mittal and others.  The company plans to use this fresh capital to scale up operations, enhance AI capabilities, and build  a high-performing team. Helium collaborated with various leading companies in the fashion and  consumer tech sectors to provide the best solutions, intelligent collections, and product landing pages.  The startup leverages artificial intelligence and machine learning to understand each product through  the behavioral interactions of visitors. This allows the platform to offer a product suitable to its  customers. The company plans to expand its network in the North American market. Helium aims to  revolutionize the e-commerce ecosystem by empowering brands and offering them with seamless,  and advanced digital band purchasing experience. The startup wants to set new standards in e commerce platforms.

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