Adobe acquires Indian market intelligence startup Rilo

https://techcrunch.com/wp-content/uploads/2024/09/GettyImages-2162453288.jpg?resize=1200,800

Adobe has acquired India-based marketing intelligence startup Rilo in a deal involving licensing and team acquisition, TechCrunch learned and the company confirmed. This is Adobe’s second acquisition from India after it bought video platform Rephrase.ai in 2023. The companies didn’t disclose the deal’s terms.

Beyond confirming the deal, Adobe declined to comment.

The acquisition gives Adobe a small team and technology focused on automating marketing workflows, which have been changing as companies use AI to build tools to automate the creation, deployment, and tracking of campaigns, get action items from meetings or calls to complete tasks, and increase brand visibility on platforms like ChatGPT, Gemini, and Claude. Rilo’s technology could bolster Adobe’s existing products as the company targets its larger customers.

Founded by IIT batchmates Georgi Boby and Dhruv Jaglan in 2025, Rilo raised $1 million from investors including PeakXV, DeVC, and Day Zero Ventures at a $10 million...

Copyright of this story solely belongs to techcrunch.com. To see the full text click HERE

Read more