Exly, a business tools provider for the creator economy, has made headlines by raising $6.2 million in a fresh round of funding led by Chiratae Ventures, with participation from existing investors Venture Highway and Mayfield India.

As per the startup, the freshly raised funds will be used for enhancing its product offerings, for customer acquisition, among other aspects.

Exly | Business Tools Provider for Creator Economy

Founded by Suyash Sinha, Sidharth Rawat, and Akhil Tripathi in 2018, Exly provides business tools to help customers launch, manage, streamline operations, and enhance productivity.

Formerly MyScoot, Exly is on a mission to make business coaches, fitness professionals, astrologers, dance choreographers, and digital marketers more productive and successful by providing them with the best in class tools and services. With its one-stop solution, Exly enables online business owners to expand their businesses and experience exponential growth.

Speaking about the development, Suyash Sinha, Co-founder of Exly, addressed a common challenge faced by many in this field: the overwhelming complexity of managing a knowledge-based business. He pointed out that, typically, entrepreneurs have to juggle more than ten different tools and products just to keep their operations running. This intricate setup detracts from their primary mission—to share their expertise and provide value to their customers.

Sinha added that their goal is to empower its customers to 10X their earnings on auto-pilot.

Statement from the Investor

Commenting on the development, Mandeep Julka, Vice President at Chiratae Ventures, emphasized that the firm recognizes the evolving needs of knowledge-based businesses and believes in empowering entrepreneurs with the tools they need for success.

Julka said

“We recognize the evolving needs of knowledge businesses and believe in empowering entrepreneurs with the tools they need for success, supporting them every step of the way in their growth journey.”

As per the startup, its offerings, which include course builders, a marketing suite, an appointment scheduler, customer relationship management (CRM), and lead-capturing conversion tools, have been used by over 10,000 customers till date.

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