Rise & Shine’s Post

Taqtics, a SaaS platform focused on simplifying store operations, has raised $1.2 million in a seed funding round led by Sprout Venture Partners and Capital-A, with participation from Java Capital. The funds will be utilized to enhance product capabilities, expand into key markets, and incorporate AI-driven analytics. Founded by Yuyutsu Sharma, Taqtics offers tools such as real-time store audits, employee training management, visual merchandising solutions, and efficient asset tracking to improve operational efficiency. Capital-A, a key investor, continues to support transformative startups, leveraging its ₹400 crore second fund to drive sustainable growth. #Taqtics #SaaSInnovation #SeedFunding #StartupGrowth #AIAnalytics #OperationalExcellence #RetailManagement #TechStartups #CapitalA #Startup77

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Taqtics raised $1.2 million Taqtics , a promising SaaS startup, has raised $1.2 million in a seed round led by Sprout Venture Partners and Capital-A, with participation from Java Capital. This funding marks a significant milestone in the company’s journey to revolutionize store operations management. Founded by Yuyutsu Sharma, Taqtics is empowering managers with tools to streamline operations effortlessly. From real-time store audits and employee training to visual merchandising and asset management, this platform is a game-changer. 👉 What’s next for Taqtics? The funds will be used to: - Enhance product capabilities - Expand presence in key markets - Leverage AI-driven analytics for smarter solutions With Capital-A’s focus on sustainability and backing over 20 innovative startups, including Jiraaf and Bambrew, Taqtics is in great company. 👉 This is a win for innovation in the SaaS sector! Kudos to the team at Taqtics for pushing boundaries and reimagining how store operations should be managed. #SaaS #StartupFunding #AI #Entrepreneurship

As a founder, do you wonder how Zepto raised $1Bn in a 3 month span? $1Bn is the sweet valuation number almost all founders work towards. Then comes a startup that not only achieves this valuation number in a record time but raises this sweet number in just 3 months. How did this insanity become a reality? By just doing three (not so simple) things: 1. Analyse 2. Implement 3. Scale It's true that gut/ experience/ belief play a larger role in decision making for any business, than we care to give credit. But no one can deny the fact at the very base of it, building a business is nothing but science. It is data science, to be specific. And this is what Zepto has been using to its advantage from day 1. Anything they launch and scale - a new product category, a new feature, a new geography or simply a new locality is all backed by insights generated from sound and undeniable data. Picture this - you have 2 types of users, one is buying daily essential kitchen items like milk, butter and bread from you and the other is buying not-so-frequently used items like oregano, pasta or oatmeal. Which one would you provide faster home delivery? With the hypothesis that providing faster delivery to the user buying essential items will increase their AOV, you set up a dark store in close vicinity of this user and deliver at lightning fast speed. The result? Your hypothesis proves right and now you have data to back your hypothesis and scale up implementation of this idea. Thus, you use this insight and raise more funds to set up more darks stores closer to the users buying essential items from you. The result, your hypothesis proves right at scale and you grow exponentially. How many of us can say with ~100% confidence that an investment will generate 500%+ returns in ~6months? Zepto can, and that makes all the difference! Tell me a strong insight you would bet big on? #funding #quickcommerce #homedelivery #grocerydelivery #consumer #5minutedelivery #unicorn #decacorn

🌐 SaaS Startup Knit Bags Funding from Endiya, Axilor for its Unified API Platform. 💰 Summary: Knit, a Software-as-a-Service (SaaS) startup, has secured funding from Endiya Partners and Axilor Ventures. The investment will fuel the development and expansion of Knit's unified application programming interface (API) platform, enabling businesses to streamline their digital operations. 🔑 Key Highlights: - Endiya Partners and Axilor Ventures have invested an undisclosed amount in Knit, a SaaS startup offering a unified API platform. - Knit's platform allows businesses to integrate and manage multiple APIs from different vendors through a single interface. - The funding will be utilized to enhance Knit's product capabilities, expand its team, and accelerate go-to-market strategies. 📈 Market Context: - As businesses increasingly rely on digital platforms and services, the need for seamless integration and data exchange between different systems has become crucial. - APIs play a vital role in enabling this integration, but managing multiple APIs from various vendors can be complex and time-consuming. - Knit's unified API platform addresses this challenge by providing a centralized solution for API management, streamlining operations and reducing operational overhead. 💼 Business Impact: - With the fresh influx of funds, Knit can accelerate the development of its unified API platform, introducing new features and capabilities to cater to diverse business needs. - The startup can expand its team by hiring top talent in engineering, product development, and sales, ensuring the delivery of a high-quality product and efficient customer support. - Knit's go-to-market strategies can be bolstered, enabling the company to reach a broader customer base and establish a strong foothold in the rapidly growing API management market. 🔮 Looking Ahead: As businesses continue to embrace digital transformation and adopt cloud-based solutions, the demand for efficient API management platforms is expected to surge. Knit's unified API platform positions the startup as a frontrunner in this space, offering a compelling solution to streamline digital operations and foster seamless integration. With the backing of reputed investors like Endiya Partners and Axilor Ventures, Knit can capitalize on this opportunity and drive innovation in the API management ecosystem. Knit #Knit #SaaS #APIManagement #UnifiedPlatform #FundingRound #DigitalTransformation #CloudIntegration #StartupGrowth #TechInnovation #VentureCapital #StartUpNews #MicroShots #NewsUpdates

DevRev, a trailblazing customer relationship software firm, has achieved a major milestone by raising $100.8 million in Series A funding, elevating its valuation to $1.15 billion and earning its place in the unicorn club. This funding round, spearheaded by Khosla Ventures and supported by other prominent investors, underscores the growing excitement around AI innovations. The surge in AI adoption has been a game-changer for venture capital, with a record-breaking $24 billion invested in AI startups between April and June 2024, as reported by Crunchbase. This influx of capital has propelled 38 startups, including DevRev, to valuations over $1 billion, with Elon Musk's xAi leading the charge at an impressive $24 billion valuation. Founded in October 2020 by former Nutanix CEO Dheeraj Pandey, DevRev is set to transform customer relationships through its AI-powered platform. By unifying end users, sellers, support teams, and product developers, DevRev enhances communication and operational efficiency. Pandey highlighted the crucial role of design in building user trust amid the AI hype. "Design is essential for fostering trust with users who are increasingly exposed to the AI hype cycle and its challenges," he stated. Khosla Ventures, a leading name in venture capital with investments in Instacart, DoorDash, and Stripe, has been a steadfast supporter of DevRev since 2021, viewing it as a promising addition to its portfolio. With its unicorn status, DevRev is poised to make significant strides in the AI-driven technology sector, capitalizing on the increasing demand for innovative solutions. #DevRev #CustomerRelationship #SoftwareFirm #SeriesAFunding #FundingAlert #FundraiserAlert #KhoslaVentures #VentureCapital #TechInnovation #UnicornStatus #AIInnovation #AI #AIStartups #TechGrowth #AIRevolution #TechInvestment #FutureOfAI #AllBoutCorps

Plotline, a San Francisco and Bengaluru-based SaaS startup, has secured $2.6 million in seed funding from Elevation Capital, a prominent venture capital firm. The investment will fuel Plotline's expansion into international markets, including the US, Middle East, Africa, and Asia-Pacific regions. Founded in 2022 by Shubham Jindal and Adarsh Tadimari, Plotline offers a no-code platform that empowers product and growth teams at consumer brands to craft dynamic and personalized app experiences tailored to individual user behavior. Plotline has already served over 50 consumer apps, reaching more than 150 million end-users with its technology. Prominent clients include Dream11, Khatabook, BharatPe, CoinDCX, Niyo Group, Step, and Kredivo Group. The $2.6 million seed round will be strategically deployed to strengthen Plotline's research and development, marketing, and sales efforts. The funding will facilitate the company's global expansion, enabling it to tap into new markets and drive growth. Poorvi Vijay, Vice President at Elevation Capital, expressed enthusiasm for supporting Plotline's journey, stating, "With the rise of vertical superapps, Plotline helps consumer apps cut through the noise and deliver the best in-app experiences through their no-code platform."  #msme #funding #Plotline #apps #venturecapital

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