SaaS Startup TreZix Raises $1.2 Million In Seed Funding
TreZix, a SaaS startup which helps digitize export and import processes, has raised $1.2 Mn in seed funding from Soha Ventures and angel investors. The funding round also includes grants from the Government of Gujarat.
As per the startup, the raised funds will be used for branding activities, product development and market expansion. The SaaS startup will also use the funding in acquiring more customers from the export and import space.
TreZix | SaaS For Easy Global Trade
Founded by Sunil Kharbanda, Haresh Calcuttawala, and Shailesh Sapale, TreZix is a unified B2B SaaS platform for export and import.
The SaaS startup offers end-to-end process coverage across multiple systems and for varied stakeholders. It primarily digitizes and automates the entire import and export process, assisting both exporters and importers in increasing their efficiency and achieving scalability.
Speaking about the development, Sunil Kharbanda, Co-founder and chief revenue officer (CRO) at TreZix, said,
“It was in 2020 we formed the framework of TreZix with an aim to offer end-to-end digital platform for importers and exporters, streamlining of document and data structure, controls, visibility, compliance, and predictability to bring ease and rapid growth to their businesses. We have started acquiring initial customers for the product, and we are getting great feedback from them. We believe this reduces the cost and time taken to handle the EXIM processes.”
Despite the funding winter, the SaaS segment in India has seen significant investment activity. Recently, Bengaluru-based software-as-a-service (SaaS) firm Crest raised $800,000 (Rs 6.6 crore) in pre-seed funding co-led by Indian Angel Network and Inflection Point Ventures.
ChronicleHQ Inc, which operates the software-as-a-service (SaaS) presentation platform Chronicle, raised seed funding of $7.5 million (around Rs 62.09 crore).
A few days back, SaaS firm GetWork raised pre-Series A funding of $846,340, co-led by Samarthya Investment Advisors and Artha Venture Fund. Also, Hatica raised seed funding of $3.7 million (Rs 30.56 crore) led by Sequoia Capital India’s accelerator programme Surge.
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