NimbleS2P Raises Funding From Inflection Point Ventures, Others
A number of micro-venture accelerators and angel investors joined Inflection Point Ventures in providing the $483,383 (about Rs 4 crore) in pre-Series A fundraising for NimbleS2P, a software-as-a-service (SaaS) company based in Mumbai.
NimbleS2P is a Mumbai-based SaaS firm that aids manufacturing and infrastructure enterprises in streamlining and automating activities related to finance, accounting, and procurement. It was founded in 2016 by Chandresh Sharma and Arun Krishnamoorthy.
Businesses may concentrate on strategic efforts because the startup handles connections, integrations, and automation. Laserfiche, a top provider of content services, powers NimbleS2P. About 80 countries' worth of organisations can become Digital Companies thanks to the Mumbai-based business. Its client list includes companies like Jindal Steel & Power, DLF, and Oberoi Properties, and it asserts to minimise processing times by 50–70%.
According to Chandresh, the business wants to build a solid basis, draw 200,000 people, and expand to the Middle East and South Asia in the next two to three years. Ankur Mittal, a co-founder of Inflection Point Ventures, commented on the development, stating that the Gurugram-based angel investing platform was established in 2018 by Mitesh Shah, Vinay Bansal, and Mittal. Since its founding, the company has made approximately 550 crore rupees in 140 deals.
The $2 million Series A fundraising round of the mortgage lending platform LoanKuber was headed by IPV last week. Inflection took part in the SuperCluster Pi house of brands player's $2 million seed fundraising round earlier in January. A $50 million venture capital fund called Physis Capital will be launched in 2022 by the angel investing platform to finance pre-Series A to Series B rounds of startup funding.
NimbleS2P is a Mumbai-based SaaS firm that aids manufacturing and infrastructure enterprises in streamlining and automating activities related to finance, accounting, and procurement. It was founded in 2016 by Chandresh Sharma and Arun Krishnamoorthy.
Businesses may concentrate on strategic efforts because the startup handles connections, integrations, and automation. Laserfiche, a top provider of content services, powers NimbleS2P. About 80 countries' worth of organisations can become Digital Companies thanks to the Mumbai-based business. Its client list includes companies like Jindal Steel & Power, DLF, and Oberoi Properties, and it asserts to minimise processing times by 50–70%.
According to Chandresh, the business wants to build a solid basis, draw 200,000 people, and expand to the Middle East and South Asia in the next two to three years. Ankur Mittal, a co-founder of Inflection Point Ventures, commented on the development, stating that the Gurugram-based angel investing platform was established in 2018 by Mitesh Shah, Vinay Bansal, and Mittal. Since its founding, the company has made approximately 550 crore rupees in 140 deals.
The $2 million Series A fundraising round of the mortgage lending platform LoanKuber was headed by IPV last week. Inflection took part in the SuperCluster Pi house of brands player's $2 million seed fundraising round earlier in January. A $50 million venture capital fund called Physis Capital will be launched in 2022 by the angel investing platform to finance pre-Series A to Series B rounds of startup funding.
