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Exly raises $6.2 million in latest funding round led by Chiratae Ventures

Economic Times

Economic Times · 1y ago

Exly raises $6.2 million in latest funding round led by Chiratae Ventures

Business tools provider for creator economy, Exly, has raised $6.2 million in a funding round led by Chiratae Ventures. The company, formerly known as MyScoot, offers tools to help customers streamline operations and increase productivity. The funding will be used to enhance the product offerings and acquire new customers. Exly provides course builders, appointment schedulers, marketing suites, CRM, and lead capturing conversion tools to business coaches, fitness professionals, astrologers, dance choreographers, and digital marketers. The platform aims to simplify business management for creators and solo-entrepreneurs, allowing them to focus on adding value to their customers.

Related News

Exly providing business tools provider for creators raises $6.2M led by Chiratae Ventures, existing investors

IndianStartupNews

IndianStartupNews · 1y ago

Exly providing business tools provider for creators raises $6.2M led by Chiratae Ventures, existing investors

Exly, a business tools platform for creators and solo entrepreneurs, has raised $6.2 million in a funding round led by Chiratae Ventures. The startup aims to streamline operations for knowledge-based businesses by offering a suite of tools including course builders, appointment schedulers, marketing, CRM, and lead conversion tools. With the funding, Exly plans to enhance its product offerings and expand its customer base. The company seeks to empower creators to increase their earnings with minimal effort, simplifying business management and allowing creators to focus on sharing knowledge and adding value to their customers.

Exly Nets $6.2 Mn To Offer Business Management Solutions To Professionals, Creators

Inc42 · 1y ago

Exly Nets $6.2 Mn To Offer Business Management Solutions To Professionals, Creators

Exly, a business management solution provider for professionals and creators, has raised $6.2 million in a funding round led by Chiratae Ventures. The company aims to simplify the process for professionals in starting, marketing, and managing their programs. The funds will be used for product development, acquisitions, and helping customers maximize their earnings. Exly has seen significant growth, with its users' revenues increasing by 330% within a year. The platform currently focuses on the Indian market but plans to expand to the US.

Y Combinator-backed Exly raises $6.2 Mn led by Chiratae

Entrackr

Entrackr · 1y ago

Y Combinator-backed Exly raises $6.2 Mn led by Chiratae

Business tools provider Exly (formerly MyScoot) has raised $6.2 million in a new round led by Chiratae Ventures. Existing backers Mayfield India and Venture Highway also participated in the round. The proceeds will primarily be used for enhancing its product offerings and customer acquisition. Founded in 2021 by Suyash Sinha, Sidharth Rawat, Akhil Tripathi and Swati Singh, Exly provides business tools to help customers streamline operations and enhance productivity. Its offerings include course builders, appointment scheduler, marketing suite, along with customer relationship management (CRM), and lead capturing conversion tools for creators and solo-entrepreneurs. Exly claims to have been used by over 10,000 customers to date. It targets business coaches, fitness professionals, astrologers, dance choreographers, and digital marketers as customers. The startup had earlier raised $1.8 million in seed funding round and was a part of the Y Combinator’s winter 2019 batch.

Exly, three others raise early-stage funding

VCCircle

VCCircle · 1y ago

Exly, three others raise early-stage funding

Business tools provider Exly has raised $6.2 million in a funding round led by Chiratae Ventures. The startup, founded in 2018, offers an all-in-one business platform for knowledge businesses and intends to use the funding for product development and customer acquisition. Additionally, beverage brand Swizzle received an undisclosed seed funding round, community platform Hack2Skill secured $1 million, and Vijya Fintech raised $844,335 in an extended angel round. These startups will utilize the funds for various purposes including hiring talent, product expansion, marketing, and sales.

Exly raises $6.2 million funding led by Chiratae Ventures

Thehindubusinessline

Thehindubusinessline · 1y ago

Exly raises $6.2 million funding led by Chiratae Ventures

Business tools provider Exly has secured $6.2m in a funding round led by Chiratae Ventures. The Indian start-up plans to use the investment to develop its suite of tools, acquire customers and help users boost their earning potential. Exly aims to simplify the management of knowledge-based businesses by providing a comprehensive platform, allowing entrepreneurs to focus on sharing knowledge rather than dealing with disparate tools and products. Since its founding in 2018, Exly, formerly called MyScoot, has raised $1.8m in seed funding and secured backing from start-up accelerator Y Combinator.

Edelweiss PE fund leads $25.3-mn funding in Rentomojo

VCCircle

VCCircle · 1y ago

Edelweiss PE fund leads $25.3-mn funding in Rentomojo

Bengaluru-based furniture rental startup Rentomojo has raised $25.3 million in funding led by Edelweiss Financial Services' private equity fund Edelweiss Discovery Fund-I. Existing investors Chiratae Ventures and Magnetic also participated in the funding round. Rentomojo allows users to rent furniture, home furnishings, appliances, and bikes, and claims to have served over 450,000 customers in 16 cities. The latest funding will support the company's growth plans, according to Rentomojo CEO Geetansh Bamania. The company reported net profits of INR 6.2 crore ($0.8 million) in the last financial year.

XP Ticket Raises $6.2 Million Led by Blockchange Ventures to Expand Solana Blockchain Platform with Identity Features | DeepNewz VC

Business Bytes

Business Bytes · 1m ago

XP Ticket Raises $6.2 Million Led by Blockchange Ventures to Expand Solana Blockchain Platform with Identity Features | DeepNewz VC

XP Ticket, a Web3 ticketing platform on Solana, successfully raised $6.2 million in a Seed funding round. The round was led by Blockchange Ventures, with additional participation from investors such as L1 Digital and Reflexive Capital.

CoRover, Pepsales, Tuco bag early-stage funding

VCCircle

VCCircle · 9m ago

CoRover, Pepsales, Tuco bag early-stage funding

Conversational AI startup CoRover has secured $4 million in a Series A funding round led by Venture Catalysts. CoRover helps businesses create personalized conversational experiences through various platforms. Pepsales, an AI-powered SaaS platform for sales teams, raised $1.1 million in pre-seed funding led by Chiratae Ventures. Tuco Intelligent, a kids' personal care brand, raised $2 million in seed funding led by Fireside Ventures and Whiteboard Capital. These investments will enable CoRover, Pepsales, and Tuco to further develop their technologies and expand their operations.

Extended reality startup Metadome raises $6.5 million from Siana Capital, others

Economic Times

Economic Times · 11m ago

Extended reality startup Metadome raises $6.5 million from Siana Capital, others

Metadome.ai, a startup specializing in extended reality (XR) technologies, has successfully raised $6.5 million in a funding round led by Siana Capital and Chiratae Ventures. The company plans to use the funds to expand its operations into new territories and enhance its capabilities by integrating advanced XR technologies with AI. Metadome.ai provides sales enablement solutions utilizing virtual reality (VR) and augmented reality (AR). The startup currently serves over 50 clients and has secured a total of $10.6 million in funding.

Drone delivery startup Skye Air raises $4 million in funding

Economic Times

Economic Times · 1y ago

Drone delivery startup Skye Air raises $4 million in funding

Skye Air, a drone delivery logistics provider, has secured $4 million in funding in a round led by Mount Judi Ventures, Chiratae Ventures, and other investors. The funds will be used to expand Skye Air's last-mile drone delivery network in Gurugram and other cities, particularly for healthcare, e-commerce, and quick-commerce deliveries. Skye Air, founded in 2019, provides sustainable last-mile logistics solutions using drones and has developed a traffic management system for regulating drone traffic and ensuring safety. The investment reflects the potential of the rapidly growing drone delivery industry in India.

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