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Marketing SaaS startup SingleInterface raises $30 Mn led by Asia Partners

EntrackrEntrackr ยท 1y ago
Marketing SaaS startup SingleInterface raises $30 Mn led by Asia Partners
Medial

SingleInterface, a hyperlocal marketing-to-commerce software platform, has raised $30 million in its first-ever external fundraising round. Asia Partners, a Singapore-headquartered growth equity investment firm, led the round with participation from PayPal Ventures. SingleInterface said that it will use the capital to consolidate its leadership position in its category in Asia, extend its reach worldwide, and to continue deepening its portfolio of hyperlocal marketing, engagement, and commerce products. Founded by serial entrepreneurs Tarun Sobhani and Harish Bahl, SingleInterface is a SaaS platform with an integrated product suite powering digital marketing, customer engagement, and e-commerce for multi-location enterprise brands. The Gurugram-based company amplifies brandsโ€™ visibility to consumers during crucial buying moments and it enhances discovery, drives customer engagement, manages feedback, and delivers omnichannel experiences. With over 400 multi-location brands spanning industries such as food and beverage, retail, automotive, telecommunications, banking, and education, SingleInterface currently serves customers across Asia & Middle East. Chief executive Sobhani added that the companyโ€™s suite of products has proven to deliver remarkable revenue growth for its clients, accounting in some cases for 15-20% of their revenues. According to him, the firm will further invest in building its portfolio of AI-driven marketing and commerce enabling products. The decade-old company claims that it has more than 400 million local businesses worldwide. SingleInterfaceโ€™s Indian entity recorded nearly 25% jump in its operating revenue to Rs 40.76 crore in FY23. The company maintained a nominal profit of Rs 98 lakh in FY23 against Rs 64 lakh in FY22.

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illumine raises $2.5 Mn seed funding round led by Prime Venture Partners

EntrackrEntrackr ยท 18d ago
illumine raises $2.5 Mn seed funding round led by Prime Venture Partners
Medial

illumine, a startup transforming early childhood education through AI, has raised $2.5 million in a seed funding round led by Prime Venture Partners. The Bengaluru-based company had previously raised $779K in the same round. The proceeds will be utilized to accelerate its product development and international expansion. Co-founded in 2018 by Navneet Rastogi, Purva Goyal, and Sourabh Agarwal, illumine is a full-stack childcare management platform. It addresses the hassles of disjointed systems and outdated manual processes associated with childcare education. The company solves this by offering a vertical AI SaaS platform built specifically for childcare. The startup claims that its platform has been used by more than 3,000 centres across 56 countries, including the U.S., UAE, Southeast Asia, Europe, and India.

LogicLadder raises $2.5 Mn in Series A round

EntrackrEntrackr ยท 1y ago
LogicLadder raises $2.5 Mn in Series A round
Medial

Climate-tech SaaS startup LogicLadder has raised $2.5 million in its Series A round led by Singapore and Vietnam-based BIG Capital and Zerodhaโ€™s Rainmatter. The firm is backed by investors including ONGC, Shell and IIM Lucknow EIC. The proceeds will be used to expand its global footprint in South Asia and North America. Founded in 2011, LogicLadderโ€™s premium platform โ€˜The Sustainability Cloudโ€™ is used by enterprises to manage ESG, account for Scope 1, 2 and 3 carbon emissions, meet environment compliance and generate sustainability reporting. According to LogicLadder, the software follows global standards like GHG protocol, SBTi, GRI, CDP, CSRD, SASB, BRSR, CBAM and GRESB, among others. Additionally, its products โ€“ TSC Water, TSC Energy, and TSC Enviro, allow organisations to achieve efficiency-led decarbonisation and sustainability in water and generated waste. The firm claims to be working with over 1,000 customers such as NTPC, BHEL, PVR-INOX, Mother Dairy and others, along with 40 channel partners.

SaaS startup Rocketlane raises $24 Mn led by 8VC, Matrix and Nexus

EntrackrEntrackr ยท 1y ago
SaaS startup Rocketlane raises $24 Mn led by 8VC, Matrix and Nexus
Medial

SaaS startup Rocketlane has raised $24 million in its Series B funding round co-led by 8VC, Matrix Partners India and Nexus Venture Partners. Back in January 2022, Rocketlane scooped up $18 million in Series A round while the firm snagged a $3 million in seed round in June 2021. The new funding will push Rocketlaneโ€™s AI roadmap which includes development of advanced features and capabilities for project delivery, the company said in a press release. As part of its growth strategy, Rocketlane has also announced the appointment of Rao Adavikolanu as Chief Marketing Officer (CMO). Raoโ€™s expertise will be instrumental in driving the firmโ€™s market presence and strategic initiatives. Previously, he was the CMO of San Francisco-based Pilot.com. Founded in 2020 by Srikrishnan Ganesan, Vignesh Girishankar and Deepak Bala, Rocketlane offers a purpose-built unified workspace for collaborating with customers for onboarding projects. It helps businesses shorten their time-to-value, streamline their software implementation, and provide real-time visibility. Previously, the trio built an in-app messaging startup FreshChat that was acquired by NASDAQ-listed SaaS firm Freshworks in 2015. Besides India, it has presence in the US and Europe. Rocketlane currently has 500 paying customers globally and the US contributes 30% to the companyโ€™s total revenue. Over the last year, Rocketlane claims to have tripled its revenue and reached over 500 customers, including enterprise companies that have switched to Rocketlane from legacy Professional Services Automation (PSA) tools. The companyโ€™s customers include Chargebee, Pando, ParcelLab, Yellow.ai, LinkSquares, Appcues, and Netcore.

RevOps startup Clientell raises $2.5 Mn in seed round

EntrackrEntrackr ยท 1y ago
RevOps startup Clientell raises $2.5 Mn in seed round
Medial

RevOps startup Clientell has raised $2.5 million in its seed round led by Blume Ventures. The round also saw participation from Chiratae Ventures, Artha Venture Fund and Silicon Valley-based Z5 Capital. Earlier to this round, the startup had raised $600,000 from Chiratae Venturesโ€™ sonic cohort at the end of 2021, co-led by Artha Venture fund. The fresh proceeds will be used to strengthen its product and expand the team, the company said in a press release. Founded in 2021 by Saahil Dhaka and Neil Sarkar, Clientell helps businesses improve revenue generation efficiency by introducing AI copilots to boost their go-to-market (GTM) execution and optimize pipeline governance and forecasting. The Bengaluru-based startup deploys custom forecasting processes and ML models for each customer rather than using a one-size-fits-all approach. With its AI copilot, Clientell claims to have enabled its users, primarily chief revenue officers and Go-to-market leaders, to boost GTM execution and optimize pipeline governance and forecasting. Currently, the startup is working with initial design partners and early adopters spanning growth-stage SaaS companies and large pharmaceutical companies.

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