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SaaS startup Bitscale raises maiden funding led by First Cheque

EntrackrEntrackr · 1y ago
SaaS startup Bitscale raises maiden funding led by First Cheque
Medial

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.

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Alumni engagement platform Vaave raises maiden external funding

EntrackrEntrackr · 4m ago
Alumni engagement platform Vaave raises maiden external funding
Medial

Vaave, an alumni engagement and networking platform, has raised Rs 6.6 crore in its first major external funding round, led by Aditya Vuchi and Raj Narayanam. The Hyderabad-based startup was bootstrapped and has so far been backed by friends and a handful of angel investors. The proceeds will be used to expand into new markets, enhance product offerings, and strengthen its category leadership in alumni networking. Founded by Paresh Masade along with Yasaswy Peesapati and Jaipal Reddy, Vaave’s business model centers on providing subscription-based SaaS solutions for educational institutions and corporates to strengthen alumni ecosystems and improve engagement. It partners with over 1,200 institutions across 28 countries, including IISc, IITs, IIMs, NITs, and IIITs, and also powers 35 corporate alumni platforms for companies such as Tata Steel, Deloitte, Virtusa, and Bosch. Vaave competes with platforms like Almabase, Graduway, and Hivebrite, which also focus on alumni engagement globally.

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

IndianStartupNewsIndianStartupNews · 1y ago
Cybersecurity asset management startup Axonius raises $200M led by Accel, Lightspeed
Medial

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.

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