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B2B sales startup Revrag raises $600K in pre Seed funding

Entrackr

Entrackr · 1y ago

B2B sales startup Revrag raises $600K in pre Seed funding

B2B sales startup Revrag has bagged $600K in a pre-Seed funding round led by Powerhouse Ventures along with participation from notable investors including Viral Bajaria, CRED founder Kunal Shah, Deepak Anchala, Vetri Vellore, and other angel investors. The proceeds will be used to explore many other territories, focus on business operations like sales and marketing, and launch of its AI-BDR product, Revrag said in a press-release. Co-founded in 2022 by Ashutosh Prakash Singh, Neeraj Gupta, and Pankaj Gupta, Revrag aims to empower revenue teams by automating redundant tasks and enhancing overall sales efficiency. Its first product, an AI-BDR, is set to launch soon, aspiring to transform how enterprises approach their revenue generation processes. According to the Bengaluru-based company, its AI-BDR product will take care of the initial prospect outreach and schedule meetings, allowing human sellers to focus more on client interactions and other complexities of the sales process. The AI agent will automate prospecting and outreach at scale, intelligently qualify leads, schedule meetings, and provide data-driven insights for more informed decision-making. The platform’s first AI agent, Emma, helped businesses to evolve with modern technology.

Related News

NxtQube, Revrag, Llumo AI bag seed capital

VCCircle

VCCircle · 1y ago

NxtQube, Revrag, Llumo AI bag seed capital

Drone infrastructure company NxtQube, artificial intelligence startups Revrag and Llumo AI have secured seed capital. NxtQube raised an undisclosed amount led by Venture Catalysts. Revrag AI secured $600,000 in pre-seed funding led by Powerhouse Ventures, while Llumo AI raised $1 million in seed funding led by SenseAI Ventures. NxtQube develops automation solutions for drones, Revrag builds AI agents for revenue teams, and Llumo AI tackles the challenges of Generative AI. The funding will support their product development and market expansion plans.

Evergrowth Raises $2.2M in Seed Funding

Finsmes · 1y ago

Evergrowth Raises $2.2M in Seed Funding

Evergrowth, a Vilnius-based AI-powered B2B account-based sales platform, has secured $2.2 million in Pre-Seed funding. The round was led by Impellent Ventures and Practica Capital. The funding will be used to expand operations and development efforts. Evergrowth provides a sales platform that leverages AI-driven insights to create customer-centric sales frameworks, enabling B2B companies to engage clients through account-based strategies. The company is already on track to reach $500,000 in annual recurring revenue (ARR) within three months of its MVP launch.

Distribution-as-a-service startup ofScale raises $375K in a pre-Seed round from FirstCheque and others

IndianStartupNews

IndianStartupNews · 1y ago

Distribution-as-a-service startup ofScale raises $375K in a pre-Seed round from FirstCheque and others

Indian distribution-as-a-service startup, ofScale, has secured $375,000 in a pre-seed funding round led by First Cheque, with participation from Matrix Partners India DeVC and Relentless VC. The startup aims to enable brands to establish an affordable brick-and-mortar presence through a technology-led B2B model, addressing challenges like high sales overheads and slow market entry. The funding will be used to enhance product development and expand into other sectors, beyond beauty and personal care.

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.

Prosperr.io raises $1.5 million in funding from Silicon Valley investor Gokul Rajaram

Economic Times

Economic Times · 1y ago

Prosperr.io raises $1.5 million in funding from Silicon Valley investor Gokul Rajaram

Prosperr.io, an AI-enabled income tax solutions startup, has raised $1.55 million in a pre-seed funding round led by Gokul Rajaram. The funds will be used to enhance the company's technology, launch its B2B product, and boost sales and marketing capabilities. Prosperr.io offers a subscription-based service for managing income tax, with two core products: a B2C solution for tax planning and savings, and a B2B product for providing non-taxable allowances to employees. The startup currently serves 10,000 paid customers and expects to reach an annual recurring revenue of $2 million by year-end.

Fresh Bus, Fashor, Kazam, MiClient, others raise early-stage funding

VCCircle

VCCircle · 1y ago

Fresh Bus, Fashor, Kazam, MiClient, others raise early-stage funding

Fresh Bus, Fashor, Kazam, MiClient, EyeROV, and Ziptrrip have all recently raised early-stage funding. Fresh Bus, an electric intercity bus startup, secured Rs 87.5 crore in its series A funding round. Kazam, an e-mobility enabler, raised $8 million in its series A3 funding round. Fashor, a contemporary ethnic wear brand, received $5 million in funding. EyeROV, a marine robotics deeptech startup, raised Rs 10 crore in a pre-series A round. MiClient, an AI-driven B2B sales enablement platform, secured Rs 3.9 crore in seed funding. Finally, Ziptrrip, an AI-powered corporate travel and expense management platform, closed its pre-seed funding round with Rs 2 crore.

Sales Execution Platform Kanlet Raises $400,000 In Pre-Seed Funding Led By Suvan Ventures

OutlookIndia

OutlookIndia · 1y ago

Sales Execution Platform Kanlet Raises $400,000 In Pre-Seed Funding Led By Suvan Ventures

Kanlet, an AI-driven sales execution platform, has secured $400,000 in pre-seed funding. Its platform helps B2B sales teams enhance lead generation and revenue growth by combining various types of data using advanced AI technology. This enables sales and marketing teams to create better strategies, personalize outreach, and automate actions based on buyer intent and relevant triggers. The funding will be used for product development, sales, marketing, and talent acquisition. The Global Sales Intelligence market is predicted to reach $17.11 billion by 2030, signifying a significant growth opportunity for Kanlet in the future.

Aviotron Bags Funding To Offer Experiential Learning To Students

Inc42 · 1y ago

Aviotron Bags Funding To Offer Experiential Learning To Students

Noida-based edtech startup Aviotron Aerospace has raised INR 4.96 Cr ($600K) in a Pre-Series A round led by Enrission India Capital. The funding will be used to expand the startup's operations across India. Aviotron Aerospace offers experiential learning programs to students in partnership with schools and aims to expand its reach to 28 states by the end of the year. The startup previously raised INR 2 Cr in seed funding and reported a profit of INR 50 Lakh on a revenue of INR 5 Cr in 2023. The Indian edtech sector has seen a decline in investor interest and funding.

MiClient raises seed round from IAN Group, others

Entrackr

Entrackr · 1y ago

MiClient raises seed round from IAN Group, others

MiClient, an AI-driven B2B sales enablement platform, has raised Rs 3.9 crore in its seed funding round led by IAN Group with participation from Anicut, GSF, RTAF, and Keiretsu. Vikas Kuthiala and Pratik Mathurkar from IAN led the round. The round follows an initial pre-seed investment in October 2023 from 100x.VC. The proceeds will be used to build a stronger team and expand market presence across more geographies in India. In addition to market expansion, MiClient is developing an AI-based model to create quotations and invoices in seconds, further streamlining the sales process for its users. Led by Swati Sharma, MiClient’s easy-to-use CPQ platform helps sales teams close deals three times faster, with the average deal now closing in just 10 days. Expanding further into India’s industrial hubs, MiClient is executing a feet-on-the-street go-to-market strategy. MiClient is expanding into more industrial hubs across India using a direct sales approach. With over 150 customers and over 1,500 users, the company serves SMEs, particularly in the B2B manufacturing sector, with a user-friendly platform.

Climate-tech startup Newtral raises $600K from NOW Accelerate

Entrackr

Entrackr · 19d ago

Climate-tech startup Newtral raises $600K from NOW Accelerate

Climate-tech startup Newtral raises $600K from NOW Accelerate Climate-tech startup Newtral has raised $600K from NOW under its Accelerate model. NOW is a deeptech and deep science venture studio focused on sustainability and climate-tech. Newtral.io had previously raised $80K (Rs 0.64 crore) in a pre-seed funding round back in July 2023 led by startup accelerator PedalStart. The fresh funds will be utilized to scale and execute the GTM plan in key global markets and scale recurring revenue, Newtral said in a press release. Co-founded in 2022 by Avi Chudasama, Vinod Sonagara, and Anuraag Paul, Newtral.io provides enterprise sustainability software, empowering them to achieve net zero emissions. It also enables businesses to track and mitigate their carbon emissions while implementing sustainable practices. By leveraging its platform, enterprises can effectively measure their carbon emissions, identify areas for emissions reduction, create custom dashboards, and adopt sustainable practices. The Bengaluru-based startup enables organizations to move beyond compliance and achieve measurable climate impact. By integrating reporting, insights, and action into one platform, it aims to build a scalable global solution to help businesses transition toward a low-carbon future. Newtral claims that it is trusted by over 100 companies, including Wockhardt, Meghalaya Industrial Development Corporation (MIDC), and Metro Brands Limited, across pharma, real estate, and retail.

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