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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.

Accounting and tax management platform Febi.ai raises $2 Mn

EntrackrEntrackr · 1y ago
Accounting and tax management platform Febi.ai raises $2 Mn
Medial

Accounting and tax management platform Febi.ai has raised $2 million in a pre-Series A funding round co-led by Lumis Partners, Virender Rana, Lenskart co-founder Amit Chaudhary, Padmaja Ruparel, Cashkaro co-founder Rohan Bhargava, Rajat Jain, and other investors. The proceeds will be utilized to further advance its artificial intelligence capabilities to automate accounting and tax compliance processes, ramp up customer acquisition, and expand its workforce, Febi.ai said in a press release. Co-founded in 2022 by Amit Jindal, Saurabh Jain, Ashu Goel, and Rahul Bansal, Febi.ai leverages AI technology to eliminate the hassles of manual data entry and errors in accounting and invoice verification. The platform automates documentation management and tax compliance while providing founders and entrepreneurs with real-time business insights to make informed decisions with greater confidence. The Gurugram-based company aims to solve real-time problems faced by teams and end users of existing accounting and tax compliance platforms. The platform claims to have been built by the chartered accountant community and will empower entrepreneurs and the CA community with real-time insights and effective ways to manage accounting and tax compliance functions. Febi uses a cutting-edge AI/ML platform, coupled with a team of seasoned domain experts, including CAs and personal accountants, to ensure seamless management of all accounting, tax compliance, and finance operations in real-time. It also leverages a dedicated personal accountant for strategic financial guidance and support.

Tax management infra startup Prosperr.io raises $4 Mn led by Jungle Ventures

EntrackrEntrackr · 5d ago
Tax management infra startup Prosperr.io raises $4 Mn led by Jungle Ventures
Medial

AI-led tax management infrastructure startup Prosperr.io has raised $4 million in a seed funding round led by Jungle Ventures. The round also saw participation from Yatra Angel Network, Sadev Ventures, and other investors. The Bengaluru-based company has now raised a total of $5.55 million since its incorporation in 2022. Earlier in August last year, Prosperr had raised $1.55 million in its pre-seed round led by Gokul Rajaram, a board member at Pinterest and Coinbase. The proceeds will be used to accelerate product development, strengthen AI capabilities, and scale its B2B sales operations. The company is also exploring expansion into adjacent areas such as wealth management. Founded by Manas Gond and Dev Kumar, Prosperr.io is building software infrastructure to manage tax planning, compliance, and employee reimbursements for both individuals and enterprises. The platform uses automation and AI to handle deductions, filings, and compliance workflows across salaried users and businesses. For enterprises, Prosperr.io offers tools that automate employee tax benefits, reimbursements, and compliance, reducing manual processing and regulatory risk. On the consumer side, the company operates a subscription-led model that provides ongoing tax planning and advisory, adjusting to changes in income and financial goals. The brand has also expanded its enterprise offering with an AI-powered reimbursement product aimed at simplifying corporate tax operations. Prosperr.io claims strong traction across both segments, with high retention among enterprise clients.

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