Collaborative Marketing & Analytics Startup ‘OnlineSales.ai’ Raises Pre-Series B Funding
OnlineSales.ai, a collaborative marketing & analytics startup, has raised an undisclosed amount in its Pre-Series B funding round from multiple institutions and angel investors.
The investors include IvyCap Ventures, Core91 VC, Vivek Bhargava, Ramakant Sharma, and Saurabh Dangwal, Samrat Zaveri, among others.
Founded in late 2017 by Ashish Mehta and Kaushik Paranjape, OnlineSales.ai is helping Marketplaces and Brands across industry verticals to unlock exponential growth trajectories with the proprietary AI-ML-led technology.
Talking about the use of funds, the company said,
“The fresh capital infusion should multi-fold our footprint in the $180 billion co-op marketing industry globally, and help us expand in the US region while doubling down on our traction in India and SEA. Also, the firm will invest in product and technology towards a comprehensive co-op marketing app suite.”
OnlineSales.ai says that it is enabling digital transformation journeys for 1000s of merchants, sellers and offline sales partners.
With clients like Paytm Mall, Sendo, Haravan, BliBli.com, Konga.com, Daraz, etc., OnlineSales.ai claims to have been providing a 10x better experience in acquisition and retention marketing for eCommerce players.
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