VC Fund Investments
Digital transformation enabler Manch raises $1.1 M from Bharat Inclusion Fund, Pentathlon Ventures
Manch Technologies, a SaaS-based zero-coding digital transformation platform, has raised USD 1.1 million in its pre-Series A round led by Bharat Inclusion Seed Fund. Pentathlon Ventures has also joined the round. The Bengaluru-based startup will use the funds to ramp up its growth internationally and for product development initiatives. The firm will also hire more staff in business development and marketing and plans to increase investment across marketing, sales and customer support functions. Founded by Suresh Anantpurkar, Manch focuses on digitalizing interactions of enterprises with their external stakeholders. Its API-based zero-coding platform helps achieve rapid implementation enabling a paperless, contactless and cashless business environment. The four-year-old firm currently works with brands such as Dunzo, NetAmbit, Paytm Money, PharmEasy, Swiggy and Xiaomi.
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