News on Medial

Related News

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

EntrackrEntrackr Ā· 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.

Wootz.work raises $6.6 Mn in Series A round led by Z47

EntrackrEntrackr Ā· 4d ago
Wootz.work raises $6.6 Mn in Series A round led by Z47
Medial

Wootz.work raises $6.6 Mn in Series A round led by Z47 B2B engineering equipment marketplace Wootz.work has raised $6.6 million in a Series A funding round led by Z47, along with continued participation from Nexus Venture Partners and AdvantEdge Founders, and the addition of Stride Ventures. The Delhi-based startup had previously raised $3.5 million in a seed funding round in August 2023, led by Matrix Partners India and Nexus Venture Partners. The fresh capital will be deployed to expand its engineering footprint, deepen manufacturing control systems, and enable larger, mission-critical OEM programs, Wootz.work said in a press release. Co-founded in 2023 by Karan Anand and Himanshu Uniyal, Wootz.work is a global advanced engineering and manufacturing solutions company serving OEMs. Operating across India and Southeast Asia, with teams in India, the US, the UK, and Italy, it integrates engineering, precision manufacturing, and digitally governed quality systems to deliver globally competitive manufacturing outcomes at scale. While offshoring promises savings, in reality, 15–30% of anticipated savings are typically lost due to coordination failures, including delays, rework, quality breakdowns, and management bandwidth drain. Wootz.work flips the model by operating as a single, accountable manufacturing partner for complex industrial programs across India and Southeast Asia, with onshore manufacturing where required in customer markets. It orchestrates factories while taking full accountability for execution. According to Wootz.work, it maps, qualifies, and governs capacity across regions, compressing timelines from years to weeks and giving global enterprises visibility from raw material to final delivery. Over the past year, the company claims to have delivered complex cross-border programs for more than 22 global enterprises, operated across 12 international trade lanes—including the US, UK, Germany, Italy, Switzerland, Australia, and New Zealand—activated over 300 suppliers, executed more than 30 million parts and assemblies, and maintained over 98% on-time delivery and quality compliance under stringent global frameworks.

Download the medial app to read full posts, comements and news.