Almonds Ai, an AI-driven channel loyalty and rewards platform, has raised $1.9 million in a seed funding round co-led by Haldiram’s promoters and JITO Incubation and Innovation Foundation (JIIF). Additional investors include Venture Catalysts, Ever Grow Capital, Nine ALPS, Hemant Jain, and OfBusiness co-founder Nitin Jain.
The funding will accelerate research and development, expand the team, and enhance product offerings as Almonds Ai strengthens its AI-driven solutions for distribution networks. Co-founders Abhinav Jain and Apurv Modi emphasized that the company’s technology is reshaping brand engagement, offering smarter engagement, education, and rewards for retailers, dealers, and influencers.
Almonds Ai’s Channelverse ecosystem and green loyalty programs are designed to transform AI-powered loyalty management and sustainability, enabling businesses to foster deeper, data-driven relationships. With a growing network of 6 million channel partners across 100 distribution-led organizations, the company is positioning itself as a leader in AI-driven sales optimization and partner engagement.
The announcement follows recent momentum in the AI-driven engagement space, with AdvantageClub.ai securing $4 million in its latest funding round, highlighting the sector’s rapid growth and increasing investor confidence in AI-powered solutions.
Featured image: Credit: Almonds Ai
