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To reinforce operations, Exly bags $6.2 million from Chiratae Ventures

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A wide-ranging & inclusive business platform modified for entrepreneurs, coaches & course creators to develop their business at online, Exly has raised $6.2 million funding in a round directed by Chiratae Ventures. The funding round saw participation from the company’s existing investors Mayfield India & Venture Highway.

The business platform Exly has planned to utilize the acquired funds to strengthen its operations in the areas of product development, customer achievement and amplifying the income potential for users.

Regarding this funding acquisition by Exly, Mandeep Julka, Vice President, Chiratae Ventures states, "Exly is at the forefront of revolutionizing how knowledge entrepreneurs operate and thrive in today's digital landscape. We recognize the evolving needs of knowledge businesses and believe in empowering entrepreneurs with the tools they need for success, supporting them every step of the way in their growth journey”.

At the same time, Suyash Sinha, CEO, Exly says, "Whether you're kickstarting or expanding your knowledge business, you are currently required to stitch together 10+ inventive tools and products to be able to manage your business instead of focusing on what’s most important sharing your knowledge and adding value to your customers. Our goal is to become the one-stop solution for all their needs and empower our customers to 10X their earnings on auto pilot”.

Earlier, Exly has raised $ 1.8 million in a seed funding. Also, the startup participated in Y-combinator Winter in which it secured $150,000 from the accelerator program.