VC Fund Investments
Platform for sales agents OneCode raises $5-M from Surge, Nexus Venture, others
Gurugram-based OneCode, a digital platform for sale agents, has raised USD 5 million in a fresh round of funding led by Sequoia Capital India's accelerator programme Surge, and Nexus Venture Partners. The round also saw participation from WaterBridge Ventures. Several angel investors including Haptik co-founder Aakrit Vaish; Pine Labs CEO Amrish Rau; former Facebook product head, Unacademy co-founder, Gaurav Munjal; Razorpay co-founder Harshil Mathur and Udaan founder Sujeeth Kumar, also participated in the round. OneCode connects a network of accessible sales agents to a pool of potential customers who may not be as tech-savvy. It also provides sales agents with comprehensive on-the-job training, via interactive videos, sales agents to help them maximise their earnings.
From the Venture Intelligence PE-VC Deal Database: In Aug-20 WaterBridge Ventures had invested more than INR 3.5 crore in OneCode (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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