SaaS-based enterprise startup Bnext raises ₹2.2 crores in angel investment

Must Read

Sanju Samson to replace Shikhar Dhawan in T20 series against WI

Sanju Samson will replace injured Indian opener Shikhar Dhawan in the T20s series against West Indies starting from next...

Supreme Court lashes out on Centre & Delhi govts for Rising Pollution

The Apex Court of the Country, the Supreme Court on Monday lashed the Central and State Government for their...

Harbhajan Singh wishes BCCI Prez Sourav Ganguly to change Selection Panel

The Indian off-spinner Harbhajan Singh on Monday urged Sourav Ganguly, President of BCCI (The Board of Control for Cricket...

Mumbai-based enterprise software-as-a-service startup Bnext has raised around ₹2.2 crores ($300,000) from an angel investor. The identity of the investor remains undisclosed. This fundraising marks the first investment round for the startup.

The funds raised will be used for product development, sales and marketing, in order to build initial traction.

While the angel investor remains unnamed, the startup counts Ramanathan Hariharan, CEO of Landmark Group, Renuka Ramnath, Ashish Jhalani, Founder and CEO of Indian School of eBusiness (ISeB), and Harish Singla, SVP of Digital Products at HDFC Bank, among its investors and advisors.

Bnext was founded by Dipti Singla, along with Sriram Subramanian in January 2018. The startup provides a wholesale distribution platform for brands, distributors, retailers, in order to help them expand their outreach and generate higher revenues.

It is integrated with the social media and messaging platforms to expand outreach, along with providing powerful tools to the sales team, to boost sales, and it also offers a way to digitize catalogue to be shared with other distributors and retailers.

Other Saas-based startups enabling business in India include Hotellogix, Chargebee, Agile CRM, HappyFox, and Unbxd, among others.

Last month, SaaS startup CloudCherry raised ₹65 crores in series A funding round.

In March 2018, SaaS provider Hotellogix had raised $5 million in a funding round led by Vertex Ventures.


Please enter your comment!
Please enter your name here

- Advertisement -

Latest News

Sports discovery space Sportido bags undisclosed amount of funding from IP Ventures, others

Sportido, a sports discovery startup, has bagged an undisclosed amount in its second round of funding from IP Ventures,...

Sequoia India, Hillhouse Capital, others infuse $70 million in used car platform CarDekho through series D round

CarDekho, a platform to sell and buy used cars and an automobile subsidiary of Girnar Group, has bagged $70 million (approx INR 498 crore) in series...

Omidyar Network, Eight Roads Ventures, others invest $6 million in used bikes startup Credr

Credr, a marketplace for used bikes, has secured $6 million (approx INR 38 crore) in an investment round from Omidyar Network, Eight Roads Ventures,...

PUBG mobile to get 90FPS support soon

Qualcomm announced its next-generation processor that will support 5G, 200 MP camera, and 144Hz displays. The new processor will have a new function that...

Opera v55 for Android brings Super Dark Mode

Opera is the oldest mobile browser, we have used it on simple keypad mobile to Android smartphones. It used to be the first choice...
- Advertisement -

More Articles Like This