VC Fund Investments

SaaS platform for field servicing cos Fieldproxy raises Rs. 6-Cr led by Y Combinator

Business Line  

Chennai-based Fieldproxy, a no-code SaaS platform for improving the productivity of field teams, has raised INR 6 crore in pre-Series A round, led by Y-Combinator (W22 Batch). The funding round also saw participation from Number Capital (Indonesian Fintech Payfazz Founders' Fund), Mars Shot Ventures (a venture capital firm started by Razorpay Founders), Kevin Moore, President, KRM Interests and Abheek Basu, CEO, Tachyon. Existing investors LetsVenture, 2am VC, Magic Fund (which marked its India entry with this investment) and other angel investors participated in the current round. Fieldproxy will use the proceeds of this round primarily towards scaling up its go-to-market (GTM) efforts. Fieldproxy provides a web-based no-code builder that lets businesses streamline and simplify their internal interactions with the field teams in industries such as field servicing, consumer goods, pharma, energy or the telecom. The company has so far raised INR 8.3 crore.

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