Consumer experience platform, Locobuzz has announced that it has secured Rs 9 crore from SIDBI Venture Capital in pre-Series A funding round.
“This round of funding is really encouraging and we are excited to partner with SIDBI Venture for our next phase of growth. In the next couple of months, we will direct our attention towards further product development, business growth and marketing initiatives. We will be able to offer a lot more to our client partners,” said Vishal Agarwal, chief executive officer (CEO) of Locobuzz
“We are happy to see Locobuzz as a leading Unified Digital Customer Experience platform that services clients across key consumer-facing businesses. We look forward to working with Vishal and the team in Locobuzz to grow amidst a large market opportunity,” added vice president, SIDBI Venture Capital – Mahendra Lodha.
Locobuzz is a consumer experience platform committed to connecting brands with their consumers. Based in India, its operations have expanded across the globe, including in Sri Lanka, Thailand, Philippines, United States, and Emirates.
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.