PE Fund Investments

SaaS player Increff raises $11-M from TVS Capital, Premji Invest, 021 Capital, others

Zee News  

Bengaluru-based Software-as-a-Service (SaaS) provider Increff has raised USD 12 million (around INR 82.62 crore) in its Series B funding round led by TVS Capital Funds. Premji Invest, Flipkart co-founder Binny Bansal's 021 Capital, and six existing angel investors participated in this round. Supply chain SaaS provider Increff plans to use funds for setting up offices and strengthening the local teams in the US and European region. The capital raised will also be invested in adding visionary products, and services, to Increff's portfolio for supply chain optimization.

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