Friday, April 26

Tag: Saas

IoT startup Chariot Raises Funding From GEMs Partners
FUNDING

IoT startup Chariot Raises Funding From GEMs Partners

Chariot, an Internet of Things (IoT) startup received Rs 2 crore in a Pre-Series A funding round led by international venture capitalist firm, GEMs Partners. The capital raised will serve to service existing and future clients, to improve their technology and expand to newer markets. This investment by GEMs partners will help us in further consolidating our reach at the global level, upgrading in-house technology platform, infrastructure and products, and also in pushing internal growth, said co-founder and CEO of Chariot, Nilay Mehrotra. Chariot is an innovative startup that provides end-to-end solutions by creating an IoT infrastructure through its platform and devices that connects to every sensing device and delivers patterns in data streams by comparing data results from the ...
CustomerSuccessBox raises $1 Million Pre-Series A funding
FUNDING

CustomerSuccessBox raises $1 Million Pre-Series A funding

Bengaluru, March 19, 2018 – B2B Saas Platform CustomerSuccessBox has raised $1mn in pre-Series A funding led by pi Ventures with participation from Axilor Ventures. The funding will use for growth hacking and product improvement as per the information mentioned in the press release. CustomerSuccessBox is a customer success platform which helps B2B SaaS companies to grow their recurring revenue. It applies Artificial Intelligence (AI) and Machine Learning (ML) to automate customer onboarding, product usage analysis, and user communication. Thus enabling success managers to deliver a superior customer onboarding experience, retain customers, drive, upsell and improve Monthly Recurring Revenue (MRR) and Lifetime Value (LTV) for SaaS businesses. Founded in 2016 by Puneet Kataria (CEO) an...
Delhi Based Vinculum Solutions Raises 82 Lakhs from Existing Investor
FUNDING

Delhi Based Vinculum Solutions Raises 82 Lakhs from Existing Investor

This Delhi based e-commerce software solutions provider Vinculum solutions has received additional ₹82.9 Lakhs from existing investor, the founder & CEO of Plaza Premium Group Song Hoi See in Series B round. The startup has so far raised total 70 Crore funding, in which Song Hoi invested 1.7 Crore. The company, Vinculum Solutions Private Limited, has allotted 82,202 Series B4 preference shares of ₹20/- at a premium of ₹80.85/- each. Vinculum Solutions kicked off its Series B raise in February 2014 with investment from IvyCap Ventures. Existing investor Accel Partners also participated in the round. Vinculum Group, a global software company that enables the e-commerce ecosystem with its SaaS-based products. The Saas product enables them to sell online via own webstores or ac...
LiveHealth Raises $1.1 Million Funding
FUNDING

LiveHealth Raises $1.1 Million Funding

Pune based healthcare platform LiveHealth raises $1.1 Million funding from Nexus Venture Partners. The funding will use to expand and promote the platform across India and also explore the international market. The Saas based platform keeps the record online from diagnostic laboratories and make it available to its users and doctors. It has now 72 million records of laboratories. Founded by Abhimanyu Bhosale and Mukund Malani, Livehealth tie-up with 650+ diagnostic centers across India and also in South Africa. Livehealth automated operations manages patients data, financial transactions, automation between medical instruments, and inventory. The founder of Livehealth, Abhimanyu Bhosale said his team focus is on the tech gap in healthcare, and enable seamless interaction among ...
Survaider Raises $500K in Pre-Series A From Axilor Ventures and Others
FUNDING

Survaider Raises $500K in Pre-Series A From Axilor Ventures and Others

Chennai, February 28, 2018: Survaider, a SaaS based Customer Experience Management platform has raised $500k funding. The round was co-led by The Chennai Angels and Axilor Ventures with participation from other angels. The team had earlier raised a small round from Axilor Ventures in 2016. With this round of funding, Survaider, a leader in the segment, aims to focus on product enhancement, expanding to other verticals, in India as well as internationally. Founded in 2016, Survaider is a plug and play SaaS solution which helps brands to measure, understand and improve customer experience. By aggregating customer opinions from across channels like direct feedback, social media, review websites, CRM and helpdesk, it helps businesses in accurately measuring loyalty and satisfaction sc...
IoT And SaaS Startup TempoGo Raises Fresh Funding
FUNDING

IoT And SaaS Startup TempoGo Raises Fresh Funding

IoT (Internet of Things) and SaaS (Software as a Service) startup TempoGo has recently raised a funding of $250K from Javelin Startup-O Victory Fund. TempoGo also raised an additional funding from Dubai based NB Ventures, a $50 million fund whose Indian investments include logistics startup LetsTransport and fitness app HealthifyMe. This round makes the total funding raised to $1.35 million. TempoGo raised the funding after winning an international startup competition held by Singapore based investment platform Startup-O. Earlier this year, Carryage Technologies Pvt. Ltd, which runs TempoGO, had raised Rs 5.6 crore ($825,000 then) led by Hong Kong-based K2 Investments. The round also saw participation from other investment bankers. “TempoGO has been revenue-positive since incepti...
Capillary Technologies Hires Former Dell Executive Ganesh Lakshminarayanan As COO
News

Capillary Technologies Hires Former Dell Executive Ganesh Lakshminarayanan As COO

Bangalore-based SaaS provider Capillary Technologies Pvt. Ltd has recently appointed former Dell executive Ganesh Lakshminarayanan as its chief operating officer. In a press note, the company said he will be responsible for scaling up the company’s operations and driving it towards profitability, besides enhancing the brand value. Lakshminarayan, who took over his new assignment in May, according to his Linkedin profile, is also part of Capillary’s board. In April this year, the company had roped in former Yum! Brands executive Sunil Suresh as its global vice-president of strategy. An MBA in finance from the University of Michigan, Lakshminarayan has over 25 years of experience across IT solution sales and delivery, e-commerce, e-support, IT and ITES, outsourcing, big data, decisi...
Microsoft Launches Dynamics 365 and AppSource in India
Tech

Microsoft Launches Dynamics 365 and AppSource in India

Microsoft Launches Dynamics 365 and AppSource in India and will be Available From Local Data center on App-based Subscription Model. Retail, BFSI & Manufacturing Enterprises are Using Microsoft Dynamics 365 to Power Their Digital Transformation. These services will be delivered to customers as Software-as-a-Service (Saas) from its datacenters in India. Dynamics 365 is a cloud-based suite of applications that integrates CRM and ERP capabilities to provide the full power of advanced data analytics, machine learning and intelligence to high growth, new age companies in India. Microsoft AppSource is the new destination for business users to find and try out line-of-business SaaS apps from Microsoft and its partners. Presently, AppSource contains more than 200 business SaaS apps, a...
SRI Capital Invested $2.3 Million in Three SaaS Startups
FUNDING

SRI Capital Invested $2.3 Million in Three SaaS Startups

Hyderabad and Philadelphia-based SRI Capital has invested a total of $2.3 million in three SaaS startups -- WorkApps, Yellowdig and Zuppler. SRI Capital is an investment firm and was founded by Sashi Reddi. Reddi is working as Managing Partner of SRI Capital, would join the Boards of all three companies soon. Workapps is a Pune-based startup which was founded by Rudrajeet, who is a first-generation entrepreneur in the consumer internet and mobile industry space, while co-founder MVS Murthy is a BFSI professional. “Though there are many players in this space, none of them cater to the large enterprise market, which is where WorkApps has built a very robust and scalable product”, he said. Yellowdig is a Social collaboration tool which aims at bringing knowledge from outside of the cl...
JSW Ventures Gets Sebi Nod For Startup Investments
News

JSW Ventures Gets Sebi Nod For Startup Investments

JSW Ventures, the venture capital arm of the JSW Group, today said it has received clearance from markets regulator Sebi to begin investing in the country. JSW Ventures would focus on providing early-stage funding to technology-enabled startups operating in the education, healthcare, financial services, SaaS (software as a service) and enterprise software space. The fund will have an initial corpus of Rs 100 crore which it will invest over a three-year period. "JSW Ventures, the venture capital arm of the JSW Group, has received the mandatory clearances from Securities and Exchange Board of India (Sebi), paving the way for it to begin investing," a statement by JSW said. "Technology innovation is happening across sectors, from old-fashioned verticals like real estate to research-driv...