DeepTechGenie Pvt. Ltd. Raises Funding to Scale AI-Powered Smart Stores Across India

Investorsync desk1 min read

Deal sheet

Undisclosed

Sector
Commerce, AI
Announced
6 June 2025

DeepTechGenie, a retail technology startup building AI and IoT-powered Smart Stores, has raised an undisclosed amount from Enlighten Capital, a firm focused on next-generation commerce and automation.

Founded in 2023 by Barsa Mohanty and Bikash Mohanty, DeepTechGenie is creating a network of fully automated stores with no checkout counters, minimal staffing, and real-time personalization — redefining the shopping experience for the Indian consumer.

The fresh capital will be used to scale operations in urban and semi-urban markets, strengthen R&D for deeper personalization, and expand into adjacent verticals like healthcare, logistics, and hospitality through strategic partnerships.

Core to its Smart Store model are features such as:

> No-Counter Checkout

> Smart Tagging and Dynamic Pricing

> Smart Carts

> AI-Driven Analytics

With plans to launch a nationwide footprint of autonomous retail experiences, DeepTechGenie is bringing futuristic retail into the everyday lives of consumers — bridging convenience with intelligent commerce.

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Source: company announcement. First posted on the Investorsync LinkedIn page.

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