New Delhi-based Nitro Commerce has raised $5 million in a full-equity Series A funding round led by Cornerstone Ventures.
The round also saw participation from India Accelerator & Finvolve, Equentis Wealth Advisory Services, Grand Anicut Angel Fund, Razorpay Ventures, Rukum Sitara Fund, and Ankurit Capital.
The company plans to use the fresh capital to drive platform-led growth, expand its team, strengthen AI and agentic capabilities, and scale its presence in international markets.
Founded by Umair Mohammad, Shamail Tayyab, and Pratik Anand in 2023, Nitro Commerce is building an AI-led growth operating layer for consumer brands across D2C, quick commerce, marketplaces, and retail. The platform aims to help brands manage customer acquisition, engagement, and attribution within a single system.
Nitro Commerce said it has seen strong traction, reporting a 10x year-on-year revenue growth and reaching $5 million in annual recurring revenue within 12 months. The company is targeting $10 million in ARR over the next six months.
The platform currently works with over 2,500 brands, including Imagine Online, Rare Rabbit, Dot & Key, Pepperfry, Blue Tokai, VIP Industries, and Neeman’s, as it continues to expand its role in India’s digital consumer economy.
