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SaaS startup Bitscale raises maiden funding led by First Cheque

Entrackr

Entrackr · 1y ago

SaaS startup Bitscale raises maiden funding led by First Cheque

SaaS startup Bitscale has raised its maiden funding round led by India Quotient’s First Cheque with participation from Point One capital, CRED’s founder Kunal Shah, Curefoods’ founder Ankit Nagori, 7 Square Ventures, Supplynote’s co-founders Harshit Mittal, Kumar Kushang and Abhishek Verma, Prakash Deep Maheshwari from Netflix and few others. Bitscale will use these funds to build a lean, strong team, enhance our product, and explore various GTM strategies. Launched in July by Sanket Goyal, Abhinay Kumar and Yash Sharma, Bitscale is building a new type of UI where sales and marketing professionals can automate their manual workflows, making them 10X more effective. As per the company, it is reimagining the current chat-based UI of AI( ChatGPT, Perplexity) into a more intuitive and scalable, Excel-like UI. This new UI allows the company to create complex AI-driven tools for web scraping, prospecting, generating content, and even LinkedIn searches. Based out of Gurugram, BitScale also helps in finding leads from communities, Google Maps and more than 10 data sources to find their emails and phone numbers. The Bitscale team is building an easy to use and cost-effective alternative to Clay, a US-based SaaS company.

Related News

Bitscale Bags Funding To Help Sales, Marketing Professionals Automate Their Manual Workflows

Inc42 · 1y ago

Bitscale Bags Funding To Help Sales, Marketing Professionals Automate Their Manual Workflows

Bitscale, a Gurugram-based startup, has secured pre-seed funding led by India Quotient's First Cheque. Other participants include Kunal Shah, the founder of CRED, and Ankit Nagori, the founder of Curefoods. The company plans to utilize the funding to launch new products and expand its market reach. Established in 2023, Bitscale's goal is to create an innovative UI that automates manual workflows for sales and marketing professionals.

Impact Infracap-incubated packaging firm tests waters for maiden institutional cheque

VCCircle

VCCircle · 1y ago

$Impact Infracap-incubated packaging firm tests waters for maiden institutional cheque$

A packaging company incubated by Impact Infracap is seeking its first round of institutional funding. The firm, which focuses on sustainable packaging and asset pooling, has reached out to climate-focused funds, development finance institutions, and logistics-focused investors. Impact Infracap is a boutique advisory firm specializing in infrastructure and sustainability.

Kanlet, an AI-driven sales execution platform, raises $400K in a pre-Seed round

IndianStartupNews

IndianStartupNews · 1y ago

Kanlet, an AI-driven sales execution platform, raises $400K in a pre-Seed round

Kanlet, an AI-driven sales execution platform, has secured $400,000 in pre-seed funding led by Suvan Ventures. The startup plans to use the funds for product development, sales and marketing efforts, and hiring top talent. Kanlet distinguishes itself with its automation of sales outreach by integrating first-party and third-party data and utilizing Generative AI. B2B SaaS, enterprise SaaS, and technology product companies are already benefiting from Kanlet's personalized and impactful sales processes. The platform aims to be an essential tool for sales teams seeking a competitive edge.

Food-delivery startup Swish raises $2 million in maiden round led by VC firm Accel

Economic Times

Economic Times · 8m ago

Food-delivery startup Swish raises $2 million in maiden round led by VC firm Accel

Bengaluru-based 10-minute food delivery startup, Swish, has secured $2 million in its first funding round, led by venture capital firm Accel. The funds will be used for expanding operations and scaling the delivery model across Bengaluru and other tier-1 cities. Swish focuses on delivering freshly prepared food within 10 minutes, catering to busy professionals and their immediate cravings. The company aims to open 150-200 cloud kitchens in the next six to eight months to meet the growing demand for quick food delivery.

NowPurchase completes maiden ESOP buyback

Entrackr

Entrackr · 8m ago

NowPurchase completes maiden ESOP buyback

NowPurchase, a SaaS-enabled marketplace for metal manufacturers, has completed its first-ever Employee Stock Option Plan (ESOP) buyback.

Fireside-backed petcare startup Supertails snags Series B cheque

VCCircle

VCCircle · 1y ago

Fireside-backed petcare startup Supertails snags Series B cheque

Supertails, a petcare startup backed by Fireside Ventures, has raised Rs 125 crore ($15 million) in Series B funding. The round was led by RPSG Capital Ventures and saw participation from existing investors, including Fireside Ventures, Saama Capital, DSG Consumer Partners, and Sauce VC. Supertails plans to use the funding to acquire new customers, invest in technology, and expand its healthcare services. The Bengaluru-based startup aims to achieve an annual recurring revenue of Rs 500 crore in the next two years.

Cybersecurity asset management startup Axonius raises $200M led by Accel, Lightspeed

IndianStartupNews

IndianStartupNews · 1y ago

Cybersecurity asset management startup Axonius raises $200M led by Accel, Lightspeed

Cybersecurity asset management and SaaS management startup, Axonius, has raised $200 million in a Series E extension funding round led by Accel and Lightspeed Venture Partners. The funding will be used to support the company's global expansion and innovation in response to the increasing demand for its platform. Axonius provides a unified platform for managing digital infrastructure components, boasting over 1,000 platform integrations and offering a comprehensive view of assets, relationships, and business context. The company recently launched its Axonius 6.0 platform, which combines Cyber Asset Attack Surface Management, SaaS Security Posture Management, and SaaS Management Platforms.

Footwear brand Inc.5 raises maiden institutional funding of $10 million

Economic Times

Economic Times · 1y ago

Legacy footwear brand Inc.5 Shoes has secured its first venture funding of $10 million in a round led by Carpediem Capital, with participation from Param Capital and P3 Venture Fund. The Mumbai-based company, operating 74 stores and selling through online channels, plans to use the funds to expand its store and warehousing footprint, add new product categories, and strengthen its senior leadership. Inc.5 aims to have 100 stores by March 2024 and is looking to increase its warehousing capacity by over 25,000 square feet.

Women-led startups see $100 million in funding in first 2 months of 2024, Delhi-NCR tops list: Tracxn

Thehindubusinessline

Thehindubusinessline · 1y ago

Women-led startups see $100 million in funding in first 2 months of 2024, Delhi-NCR tops list: Tracxn

According to a report by data intelligence Tracxn, India has over 8,000 tech-based startups founded by women, which have raised a total of $23 billion in funding. Although the share of funding for women-led startups decreased by 75% in 2023 compared to the previous year, women-led startups accounted for more than 15% of overall startup funding in India from 2020 to 2022. Delhi-NCR has the highest number of women-led startups, followed by Bengaluru and Mumbai. Thriving sectors for women-led startups include B2C e-commerce, internet-first brands, and SaaS companies.

Y Combinator-backed AI startup Crux raises $2.6 million in funding

Economic Times

Economic Times · 1y ago

Y Combinator-backed AI startup Crux raises $2.6 million in funding

Y Combinator-backed AI startup Crux has secured $2.6 million in seed funding. The funding round was led by Emergent Ventures, with participation from Y Combinator and Neon Fund. Crux, founded in 2022, helps B2B SaaS teams build embedded AI copilots that can answer questions about business data in plain language. The startup has received support from industry veterans in product and technology. Crux has gone through multiple pivots before arriving at its current form.

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