Exly, a business tools provider for creator economy, has raised $6.2 million in a fresh round of funding led by Chiratae Ventures, according to ETtech report.
Existing investors Mayfield India and Venture Highway also participated as a part of the round.
The company is expected to utilise the proceeds from the latest raise for enhancing its product offerings, for customer acquisition, among other aspects, as per the report.
Founded in 2018 by Suyash Sinha, Sidharth Rawat and Akhil Tripathi, Exly, formerly MyScoot, provides business tools to help customers streamline operations and enhance productivity.
The platform targets business coaches, fitness professionals, astrologers, dance choreographers, digital marketers as customers of its platform.
“Whether you’re kick starting or expanding your knowledge business, you are currently required to stitch together over 10 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 empower our customers to 10X their earnings on auto pilot. ” said Sinha, who is also the chief executive of Exly.
“We recognise 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,” said Mandeep Julka, vice president at Chiratae Ventures.
Exly had earlier raised $1.8 million in seed funding round and was a part of the Y-Combinator winter 2019 batch.
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