Monday, April 12, 2021
Techiexpert.com
No Result
View All Result
  • Login
  • Register
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging
Techiexpert.com
No Result
View All Result

SaaS Startup Hiver Raises $4 Mn

Sony T by Sony T
October 22, 2018
in Startup news
Reading Time: 2 mins read
A A
0
SaaS Startup Hiver Raises $4 Mn
13
SHARES
131
VIEWS
Share on FacebookShare on Twitter

GrexIT Inc., which works under the domain of Software as a Service, platform which is known by the name as Hiver, today in a report has announced that they have raised an amount of $4 million in the fresh funding round of series which is led by the Kae Capital and Kalaari Capital.

In a report, the company said that it has plans to invest this funding in building the product and to expand across the globe.

The startup which is founded in the year 2011 by the Nitesh Nandy and Ranjan Rout. Hiver is mainly a Gmail based integration platform which is used by the business to manage emails which are being set to the shared inboxes such as sales@, support@, finance@. Both the founders have been graduated from the IIT Kharagpur.

“We have been profitable and growing rapidly, and we see a huge product, and business opportunity in enhancing email to make it work better for businesses,” Rout said in the statement. “With this investment, we will fuel our efforts to realize our vision of making Gmail a powerful collaboration platform that businesses can use for sales, support and their internal functions,” he added.

ADVERTISEMENT

Just before this funding, the startup has also raised an amount of $13000 in the funding round of seed from the Paytm and Citrix Startup Accelerator in the year 2012.

As of now Hiver platform has around more than 1000 users across the globe and has also claimed to be handling around the 2 million emails every day. The company is also looking to double up its revenue in the future ten months.,

“All our revenue is from subscription for the product,” Rout added. “We plan to build our business using the same business model. However, there have been many iterations on the product front, and what you see in Hiver today was mostly built through 2017.”

Some of the other players in this segment is ManageEngine, which is also one of the largest IT and business Saas provider of Zoho Corporation.

Tags: Funding NewsHiverSaas
Share8Tweet2Share1Pin1
Sony T

Sony T

Sony is a passionate bloggers writes on Futuristic technologies ...

Related Posts

Websites For Conducting a Background Check
Startup news

Essential background checks that every Australian startup should use

by Sony T
April 11, 2021
PumPumPum
Startup news

PumPumPum raises INR 5.5 Cr in Pre-Series A funding led by IPV

by Sony T
April 9, 2021
Social Platform for Positive Impact – ChekMarc
Startup news

Social Platform for Positive Impact – ChekMarc

by Srikanth
April 8, 2021
5 Ideas for Your First Startup in College
Startup news

Top 5 most successful US startups

by Sony T
April 7, 2021
Kudos Raises Capital from top tier Super Angels & Fintech Founders
Startup news

Kudos Raises Capital from top tier Super Angels & Fintech Founders

by Srikanth
April 6, 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Latest Stories

6 Most Enticing Work management Apps in 2021
Tech news

6 Most Enticing Work management Apps in 2021

by Sony T
April 12, 2021
How to get started with AIOps?
Artificial Intelligence

How to get started with AIOps?

by Srikanth
April 11, 2021
Websites For Conducting a Background Check
Startup news

Essential background checks that every Australian startup should use

by Sony T
April 11, 2021
Microsoft Teams is coming under Government Community Cloud
Tech news

COVID accelerated a push to the Microsoft cloud. Top reason: Microsoft Teams — ShareGate Report

by Srikanth
April 10, 2021
Load More
Techiexpert.com

© 2020 All Rights Reserved

  • Terms of use
  • Privacy Policy
  • About Us
  • Contact us
  • Write For Us
  • Cookie Policy

  • Login
  • Sign Up
No Result
View All Result
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging

© 2020 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Newsletter ?

What is Expected ?

  • Newsletter
  • eBooks
  • Tech Reports
  • Infographic
  • Webinar
  • Event Tickets
We would like to show you notifications for the latest news and updates.
Dismiss
Allow Notifications