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Convin raises $6.5 Mn in Series A round led by India Quotient

EntrackrEntrackr · 10m ago
Convin raises $6.5 Mn in Series A round led by India Quotient
Medial

Conversation intelligence platform Convin has raised $6.5 million in its Series A funding round led by India Quotient, with participation from new investor JSW Ventures and existing investors Kalaari Capital, Titan Capital Winners Fund, Sparrow Capital, and 9Unicorns. The proceeds will be used to expand the core team and distribution channels, Convin said in a press release. Founded in 2021 by Ashish Santhalia, Convin empowers customer facing teams—sales, support, and collections—with AI-based tools to track and analyze agent-customer interactions, driving efficiency and effectiveness. Convin’s platform is segmented into three core product suites: the Real-Time Suite, the Post-Interaction Suite, and the Convin Insights Suite. These suites address critical challenges such as agent inefficiencies, misselling, poor conversion rates, and suboptimal customer experiences across industries including banking, insurance, finance, e-commerce, edtech, retail, hospitality and travel, real estate, healthtech, BPOs, and airlines. The startup claims to have grown 3-folds over the past year, now serving over 80 clients, including major brands like Reliance Nippon, Puravankara, Titan, Thyrocare, and Lazypay. With additional resources, the brand is projecting a 200% increase in new customers and a 3x revenue increase in 2024-25. Early-stage institutional venture capital fund IndiQuotient invests in technology-led startups at seed to Series A stages. Its portfolio companies include ShareChat, Sugar Cosmetics, Giva, Kuku FM, WebEngage, and Vyapar.

MapMyCrop bags $1.8 Mn in seed round

EntrackrEntrackr · 4m ago
MapMyCrop bags $1.8 Mn in seed round
Medial

MapMyCrop bags $1.8 Mn in seed round Farm management software MapMyCrop has raised $1.8 million in a seed funding round led by YourNest Venture Capital along with participation from other angel investors, including Eaglewings Ventures. The funding comes as part of the YourNest-SanchiConnect Velocity Program 2024. The startup had previously raised an undisclosed amount in the same round from Startup Wise Guys and others. The proceeds will be used to expand operations, close pilot orders, strengthen the sales & operations team, and advance the platform’s technology, MapMyCrop said in a press release. Launched in 2021 by Swapnil Jadhav and Rajesh Shirole, MapMyCrop is a first 360-degree imagery agro suite, centralising critical agricultural data into a single, user-friendly platform. The platform aims to make precision farming accessible to farmers of all scales. It combines satellite imagery, IoT, and AI-driven insights to help farmers and enterprises monitor, predict, and optimise crop health with unmatched precision. MapMyCrop states that it currently supports over 4.7 million farmers globally and collaborates with organisations such as the US FDA on crop monitoring and sustainability initiatives. It is also planning to launch new solutions, including an AI-based farm credit score tool and a dedicated forest monitoring system. MapMyCrop aspires to penetrate emerging markets in Africa, Latin America, and Southeast Asia while deepening its presence in the US and Europe. The company is also working on localised solutions for different regions, addressing specific agricultural challenges with tailored AI-driven insights. According to market research, the agritech market is estimated to reach $45 billion globally by 2028. MapMyCrop claims to be a first complete 360-degree imagery agro suite, which includes five suites: onboarding, crop monitoring, detection, prediction, and sustainable agriculture add-ons. Its onboarding suite offers automated crop field boundary delineation, crop type detection, and a historical data repository for easy land use comparison.

Clodura.AI raises $2 Mn led by Bharat Innovation Fund

EntrackrEntrackr · 1y ago
Clodura.AI raises $2 Mn led by Bharat Innovation Fund
Medial

Clodura.AI, an innovator in AI-driven sales prospecting solutions, has raised $2 million in its pre-Series A funding round led by the Bharat Innovation Fund with additional backing from Malpani Ventures. This proceeds will be used to fuel the enhancement of Clodura.AI’s platform which uses Large Language Models (LLMs) and generative AI to streamline the sales process from prospecting through to closure. Founded by Kapil Khangaonkar, Clodura.AI helps sales professionals find decision-makers, gather actionable sales intelligence, automate outreach campaigns, and create a 10X sales pipeline. The platform supports sales professionals by providing consistently updated, quality data, enabling precise targeting and effective communication. Clodura.A’s email cadence capabilities help sales professionals generate more interactions and book more meetings. As per the company, it eliminates hours of manual drudgery spent each day on creating and sending sales outreach emails and follow-ups.

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