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

EntrackrEntrackr · 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 brands’ 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 company’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. SingleInterface’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.

ZillOut raises seed funding round

EntrackrEntrackr · 19d ago
ZillOut raises seed funding round
Medial

ZillOut, the company building India's going out AI SaaS platform, has raised Rs 2.75 crores in a seed funding round. The round saw participation from existing investor Jindagi Live Angel Fund among other angel investors. Anshul Jhawar, Co-founder, ZillOut also participated in the round. The company has raised a total of 4.35 cr till date. The fresh funds will be used to scale AI capabilities and automation efforts, technology development, business expansion, marketing, and other operational needs, ZillOut said in a press release. Co-founded in 2022 by Gaurav Sharma and Nayan Mishra, ZillOut is an AI platform for real-world experiences and venues. The platform combines venue operations infrastructure with AI-driven guest intelligence to help businesses optimize operations and provide personalized experiences. The Bengaluru-based startup addresses critical pain points in India's fragmented going-out ecosystem where most venues and organisers juggle POS terminals, spreadsheets, booking apps, and third‑party promoters, resulting in slow operations, scattered data and insights, unnoticed revenue leaks, and confused high‑value guests. The platform includes a three-layer approach - Infra, Data and Distribution woven into one AI‑driven thread that uplifts the end-to-end going-out. The startup plans to expand to Dubai and Southeast Asia. The company states that it has achieved traction with over 150 venues onboarded across 20 cities including Goa, Bengaluru, Mumbai, Pune, Delhi, and Gurugram. The platform manages more than Rs 80 crore worth of transactions, facilitated over 6 lakh verified guest entries, and managed over 50,000 online bookings while helping venues save more than Rs 2 crore in revenue leakage.

SaaS startup MBG Card raises Rs 2.72 Cr led by IPV

EntrackrEntrackr · 10m ago
SaaS startup MBG Card raises Rs 2.72 Cr led by IPV
Medial

SaaS startup MBG Card has raised Rs 2.72 crore in a new round led by Inflection Point Ventures. The round also saw participation from Velocity and Klub. The proceeds will be used to enhance marketing efforts, product development, and team building. Founded by Abhinavv Dubeyy, MBG Card offers a comprehensive, one-stop digital transformation solution tailored for non-tech-savvy businesses. It simplifies the process of creating an online presence, managing review ratings, marketing, and automating customer chat functions. Jabalpur-based MBG Card claims to serve over 10,000 clients across India and internationally. The firm continues to grow, onboarding thousands of new clients each month, and expanding its presence globally. With a dedicated team of over 70 employees. According to market research, the global digital transformation market is expected to reach $1.5 trillion by 2025, with India's SaaS market growing at a rapid pace due to increasing adoption by SMEs.

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