Commerceiq’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Rboomerang Retail Commerce Technologies India Private Limited | CIN: U72200KA2014FTC073758
Founded by Guru Hariharan and Himanshu Jain, CommerceIQ is a leading retail ecommerce management platform that uses machine learning and automation to optimize sales, operations, and marketing for consumer brands. Headquartered in the U.S. with a strong India presence, the company empowers brands selling on marketplaces like Amazon, Walmart, and Instacart to drive profitability through real-time insights and programmatic actions. CommerceIQ's AI-driven platform helps clients reduce ad waste, improve availability, and grow revenue. The company has scaled rapidly, attracting Fortune 500 brands and global CPGs. With strong enterprise adoption and expanding product capabilities, CommerceIQ is uniquely positioned to lead the retail ecommerce automation category.
| Founded | 2012 |
|---|---|
| Headquarters | Palo Alto, USA / Bengaluru, India |
| Valuation | ~$1.1 billion |
| Annual Revenue (FY24 est.) | ₹480 Cr |
| Net Loss (FY24 est.) | ₹73 Cr |
| Employees | ~800 |
| Round | Year | Amount | Lead Investors |
|---|---|---|---|
| Series A | 2019 | $8.3 million | Shasta Ventures |
| Series B | 2020 | $60 million | Insight Partners |
| Series C | 2022 | $115 million | Insight Partners, Trinity Ventures |
CommerceIQ’s revenue has grown consistently over the last three years, increasing from ₹300 Cr in FY22 to an estimated ₹480 Cr in FY24 as its ecommerce automation platform gained traction.
EBITDA margins improved from -30% in FY22 to -18% in FY24 as the company scales and focuses on operational efficiency.
CommerceIQ has grown its team from ~650 in FY22 to ~800 in FY24, strengthening engineering, analytics, and global account management teams.
The company is expanding its footprint in North America and Europe, while investing in AI-powered commerce decision-making tools. IPO readiness is part of its long-term vision.
CommerceIQ recently integrated additional retail media analytics and announced partnerships with new CPG brands to expand platform usage.
| Metric | Detail |
|---|---|
| Revenue FY24 | ₹480 Cr – Accelerated growth from strong SaaS adoption. |
| Net Loss FY24 | ₹73 Cr – Controlled losses as scale improves margins. |
| EBITDA Margin | -18% – Consistent improvement in cost efficiency. |
| Valuation | $1.1 billion – Sustained unicorn status through high enterprise value. |
| Employee Count | 800 – Strong tech and sales hiring continued in FY24. |
CommerceIQ’s AI-powered ecommerce platform has positioned it as a leader in retail decision intelligence. With consistent revenue growth and improving margins, the company is on track for continued global expansion. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
Entrackr, Economic Times, Inc42, Crunchbase, CommerceIQ press releases.
Disclaimer: The information presented in this report is intended for general informational purposes only and does not constitute investment advice. All financial data is based on public sources and estimates where necessary.