SaaS startup Bitscale is through with its first major funding round led by India Quotient’s First Cheque. The other investors were from notable industry figures and venture capitalists. The round reflects strong confidence in the vision and potential of the company.
The funding round witnessed contributors from Point One Capital, Kunal Shah of CRED, Ankit Nagori of Curefoods, 7 Square Ventures, and the co-founders of Supplynote, and more. The backing provides required capital to the company in building a robust team and enhancing its product offerings. Bitscale will also try to explore various go-to-market strategies with it.
Bitscale was founded by Sanket Goyal, Abhinay Kumar and Yash Sharma in July. It aims to revolutionize the way sales and marketing professionals interact with AI. It is working on the development of a novel user interface (UI) that is learned to be different from the traditional chat-based models. It will introduce an intuitive and Excel-like UI that can seamlessly streamline and automate workflows. It is learned to be ten times more efficient.
The UI is innovative. It can enable users in creating complex AI-driven tools for various applications like content generation and LinkedIn searches. The platform can also extract valuable leads from various sources such as Google Maps.
The approach is basically simple and it is to provide a more user-friendly and cost-effective solution. Bitscale can now also be well-positioned with the fresh capital in refining its product, expanding its team and bringing innovative solutions to a broader audience.