News Update: SaaS Startup Raises $1.1M From Existing Investors
Bengaluru based startup Fyle, an expense management platform has announced a fresh round of $1.1 Million funding from existing investors, Pravega Ventures and Beenext.
Also part of this funding round is a strategic investment from Girish Mathrubootham led Freshworks, which has been a customer of Fyle across multiple countries.
Expense management is a boring but necessary process for every company and though there have been many attempts to solve this problem, it continues to be a painful and frustrating experience for any employee. This was the business problem that Fyle is aiming at solving, and by helping automate and streamline the entire experience for businesses, they are well on their way to doing so.
"Finance and Admin teams love the product as it helps them become complian...