Tech Company Financing Transactions
Soptle Funding Round
Soptle closed a $1 million financing round on 5/10/2023. Investors included Kube.VC, Iceland Venture Studio and Nyra Ventures.
Transaction Overview
Company Name
Announced On
5/10/2023
Transaction Type
Venture Equity
Amount
$1,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the expansion of the retailer-network reach and manufacturing-partner footprint across India, with new product offerings and technology enhancement.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
lot no. 264, Udyog Vihar Phase 1, Udyog Vihar, Sector 20
Gurugram, Haryana, 122010
IN
Gurugram, Haryana, 122010
IN
Phone
Website
Email Address
Overview
Soptle's SaaS-led approach has transformed the way in which Manufacturers, Distributors and Retailers carry out their business. Founded in Sep 2021, Soptle started to establish an integrated technology to the neglected regional FMCG Manufacturers in India with a B2B Retail Commmerce App. It uses tech and data to distribute at scale and use necessary components (existing Distributor/Wholesaler) in the FMCG Supply Chain to build a high growth and profitable business.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Pravas Chandragiri
Chief Financial Officer
Amit Katyal
Co-Founder
Satyagopal Karana
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Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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