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Deal closure Platform 'MiClient' secures Rs.3.9 crore in Seed Funding round

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MiClient, an Artificial intelligence driven B2B sales enablement platform, has brought Rs.3.9 crore up in its seed funding round directed by IAN Group with support from Anicut, GSF, RTAF, and Keiretsu. Vikas Kuthiala and Pratik Mathurkar from IAN drove the round.

The funding round follows an initial pre-seed investment in October 2023 from 100x.VC. The gained money will be used to strengthen the team and expand our market presence in more Indian regions.

In addition to expanding its market, MiClient is developing an AI-based model that can rapidly generate quotations and invoices, further simplifying the sales process for its customers. Driven by Swati Sharma, MiClient’s easy-to-utilize CPQ platform helps sales groups finish on multiple times quicker, with the average arrangement presently closing in only 10 days.

Extending further into India’s industrial localities, MiClient is executing a feet-on-the-road go-to-showcase methodology. Utilizing a direct sales strategy, MiClient is expanding into additional industrial hubs across India. The company provides a user-friendly platform to SMEs, particularly in the B2B manufacturing sector, with over 1,500 users and over 150 customers.

Aiming to fill the glaring gap in the operational efficiencies, MiClient offers more cost-effective SaaS based CPQ solution. Strategically, the start-up positioned itself to aid the sales teams to dive and close the deals quickly and effectively at an affordable cost.

Talking to this, Swati Sharma, Co-Founder and CEO of MiClient expressed her views about the proceeds by stating, “We are deeply committed to empowering the MSME/SMBs with the right digital tools to conduct their sales better. This new funding will enable us to grow our team, address more relevant pain points of MSME/SMBs, and strengthen our market presence. We welcome exceptional sales talent to join us in our journey to build India’s best deal closure platform. We are deeply grateful for the confidence and support from our investors, including IAN, GSF, Anicut, RealtimeAF, and Keiretsu.”