SpaceBasic Acquires CAMPUS to Expand AI-Driven University Automation

SpaceBasic, a B2B Saas company that automates student housing and cafeteria operations for universities and educational institutions, has acquired CAMPUS, a B2B, SaaS platform automating attendance, simplifying check-ins, and keeping student engagement effortless and on point for universities. This strategic acquisition will strengthen SpaceBasic’s goal of offering a fully connected campus experience for students.

Founded in 2021 by Shahid M and Siva Sai during their college days, CAMPUS was created to eliminate clunky access systems and tedious attendance tracking. Today, it powers seamless check-ins, automates administrative workflows, and tracks attendance for 10,000+ students daily. With real-time tracking via QR, RFID, and facial recognition, CAMPUS transforms manual processes into intelligent, data-driven solutions. From attendance management to digital student identification, institutions can now experience a smarter, more connected ecosystem.

Commenting on the acquisition, Madhavi Shankar, CEO and Co-Founder, SpaceBasic, said,

Universities today need more than just software—they need intelligent, connected systems that make campus life effortless. At SpaceBasic, our mission is to simplify and transform university operations. Integrating CAMPUS into our ecosystem accelerates our growth and reinforces our vision of building smarter, more connected educational institutions.

 

SpaceBasic Team

Siva Sai, Co-Founder, CAMPUS, said, 

We founded CAMPUS to help institutions reduce manual tasks and make data-driven decisions effortlessly. Our focus was towards streamlining classroom attendance and fostering a connected student community for better collaboration. With SpaceBasic, we are expanding our reach and enhancing our technological ability to empower campuses to operate with greater efficiency.

With SpaceBasic, essential student housing (hostel) operations—room allocation, asset management, maintenance tracking, student approvals, payment processing, IoT-enabled smart ID integration, and digital cafeteria management—are seamlessly automated for a smarter, more efficient experience. Focused on sustainability and energy efficiency, SpaceBasic’s partner universities have achieved a 5x increase in operational efficiency and a 3x reduction in wastage.

In India, SpaceBasic works with 70+ universities, including top institutions like IIM, O.P. Jindal University, Shoolini University, D.Y. Patil University, and Chanakya University. Recently expanding into Malaysia, the company is set to grow further across Southeast Asia.

SpaceBasic is Asia's largest AI-powered student housing automation platform, empowering over 400,000 users across 80+ universities in India and Southeast Asia. Designed to streamline student housing, access control, payments and cafeteria operations, enhancing both university efficiency and student experiences on campus.

https://www.spacebasic.com

LinkedIn: https://www.linkedin.com/company/spacebasicapp/

SaaS FinTech Zaggle Raises ₹25 Cr from ValueQuest Scale Fund in Pre-IPO Round

Hyderabad based Zaggle, a profitable SaaS FinTech startup and a pioneer in digitizing business spends, has raised Rs 25 crore from ValueQuest Scale Fund in the pre-IPO (initial public offering) round.

The latest fund raised is in addition to the Rs 73 crore raised by the company in a pre-IPO placement, last week. With this, the combined fund raised by the startup reached Rs 98 crore in two tranches.

The funds raised will be utilized by Zaggle in bolstering customer acquisition and retention strategies, advance technological innovations, manage existing debt, and fulfill general corporate needs.

Zaggle filed its draft papers with capital markets regulator Sebi in December 2022 to raise funds through an IPO. The company has undertaken the pre-IPO placement of 15,24,390 equity shares at a price of Rs 164 per unit, amounting to Rs 25 crore, Zaggle said in a notice to investors on August 22.

Founded in 2011, by Phani Raj, Zaggle has raised a total of ₹1.2 billion in funding over 3 rounds, according to data by Crunchbase. It has also acquired two startups — Ckick&Pay and Pennyful.com — in 2017 and 2018 respectively.

Last year in October, Zaggle received the ‘Upcoming Unicorn Award’ at the Indian Startup Festival (ISF 2022) in Bengaluru. Zaggle was one of the chosen companies to be felicitated at the ISF 2022. Open, Zerodha, Groww, Simplilearn, MoEngage were few of the other recognized companies at the festival.

B2B Analytics SaaS Startup Factors.ai raises $3.6 Mn in Funding Led By Stellaris Venture Partners

Bengaluru-based B2B Analytics Software Startup Factors.ai has raised $3.6 million in a pre-Series A funding round, led by Stellaris Venture Partners.

Other investors who also participated in the round include Elevation Capital and Emergent Ventures. Angel investors such as Kris Rudeegraap of Sendoso, Sreedhar Peddineni of GTM Buddy, and Khadim Batti of Whatfix.

The startup intends to use the freshly raised funds in expanding its Go-to-Market (GTM) teams and scaling up its offerings

The Analytics SaaS startup had earlier raised $2 Mn co-led by Elevation Capital and Emergent Ventures, in August 2021.

Founded in 2020, by Pravin Das, Aravind Murthy, and Srikrishna Swaminathan, Factors.ai was part of Google for Startups Accelerator programme in India-2020.

Factors.ai is a B2B visitor intelligence, account analytics, and revenue attribution platform. It help teams identify sales-ready accounts, decode customer journeys, and drive go-to-market performance, which teams can maximize pipeline, with minimum spends.

It offers software solutions that help B2B marketing teams of large enterprises, especially other SaaS firms to make sense of their diverse customer data and make better decisions and increase the ROI (Return on Investment) of each marketing events. It also offers account intelligence, analytics for individual accounts and the overall sales funnel, and revenue attribution.

Travotel.com Emerges as Winner at Dell Technologies’ 'The Challengers Award 2022' in Travel Category

‘The Challengers Award 2022’ was presented by Dell Technologies in collaboration with Money Control, CNBC TV18 & powered by Intel Corporation with E&Y as process partners.

Travotel.com – India’s Leading B2B Travel SaaS Platform & Booking Portal, emerged as the Winner at Dell Technologies’ 'The Challengers Award 2022' in the Travel, Logistics & Supply Chain Category. The Award was presented at a glittering ceremony held at Hyatt Regency, New Delhi on 25th August 2022 to the Founder & CEO Mr. Sameer Patil and Ms. Rakhi Agrawal, Co-Founder & COO of Travotel.com, by Mr. C. P. Gurnani, CEO & MD of Tech Mahindra, Ms. Swati Mishra, Director and General Manager, Small Business India at Dell Technologies & Raj Kumar Rishi, Managing Director, Consumer and Small Business India at Dell.

Dell Technologies' ‘The Challengers Award 2022’ has been instrumental in identifying the next generation of IT innovators and pioneers in India. Additionally, it is the perfect platform to share ideas and opinions on the progress of small and medium enterprises in the country, and how innovation can help them overcome present challenges.

Ms. Rakhi Agrawal, Co-Founder & COO, Travotel.com said, “We are extremely delighted to receive this Award on behalf of our Team & Start-up, Travotel.com. This award validates our hard work & the market opportunities that B2B Travel space offers in India & Globally. Despite having started in pandemic, our growth in B2B Travel Tech domain has been phenomenal. The Travel Agents using our Platform have seen a marked increase in their Operational Efficiencies & Revenues.”

(L-R) Sameer and Rakhi

Mr. Sameer Patil, Founder & CEO, Travotel.com said, “We are elated to receive this prestigious award. Travel has picked up extremely well over the past year & we are happy to help the Retail & SME Travel Agents with a free plug & play platform. On popular demand we are also offering the B2B Travel Booking platform to the Start-ups, MSME & Corporate Segment to avail the benefits of booking Flights, Hotels & Holidays at Best rates & without any Convenience Fees.”

He added, “The Indian Retail Travel Agent Market continues to be a Highly Fragmented, Widely Dispersed & Majorly Offline Industry. The small Travel Agents have to painstakingly deal with multiple suppliers for booking Flights, Hotels & various Travel Services for their Customer Fulfilments. They lack automation, marketing, distribution capabilities & competitive pricing.”

He further said, “Travotel.com is a Full Stack Cloud Based Travel SaaS Platform with a Multi-Product B2B Travel Portal. It provides the Retail Travel Agents with booking platform having competitive rates for booking the Flights, Hotels & Holidays for their customer’s needs. Travotel.com also provides the Travel Agents with a Robust Cloud Based CRM & Back Office management system to manage their business & customers along with a State of the Art AI powered Holiday Customization Tool & a ML based On-the-Go Marketing Automation system.”

Travotel.com has also been declared the winner at Unicorn Pitches India organized in July 2022 and powered by Idea Capital Ventures. Unicorn Pitches India (UPI) is part of the world’s largest startup pitch contest where leading International VCs and Angel investors meet outstanding concept-based startups from India and Globally.

Earlier this year, Travotel.com has been one of the finalists at Eureka 2021 Tech Fest organized by IIT Mumbai E-Cell.

B2B SaaS Sales Startup Kennect Raises $700K in Seed Funding Led by FortyTwo.VC

Kennect, a Delaware and Mumbai-based Software-as-a-Service sales acceleration start-up, has raised USD 700,000 in seed funding led by FortyTwo VC. FortyTwo VC is a Dallas, Texas-based venture fund with an investment focus on disruptive enterprise tech opportunities.

Kennect’s no-code platform allows enterprises to design, simulate and automate their incentive plans. The startup aims to become the preferred and most flexible, intuitive, user-friendly solution for sales incentives. It helps improve sales productivity by providing performance and incentive visibility for the sales reps.

It has targeted to enable more than 100 enterprises for adoption over the next 2 years. Some of its marquee customers include Indian and global pharmaceutical companies like Sanofi, Zydus, Lupin, AstraZeneca, Lonza, amongst others.

Commenting on the seed round, Pulkit Agrawal, Co-founder & CEO, Kennect, said, "We all know sales is hard and managing sales compensation can be a pain point for many companies. Kennect aims to reward the hard work of every sales professional through an incentive platform that helps them stay on top of their incentive earnings. With its intelligent nudge feature, every sales rep is now aware of their next best action in real-time to boost their take-home compensation.”

He added, “With this investment, Kennect plans to ramp up its engineering team and expand its commercial presence in the North American and European markets."

“Incentive design and management is a critical part of successful sales strategy. Kennect is building the new age incentive compensation tool for the Global Life sciences industry. It is one of the few success stories of teams from India building Enterprise focused SaaS products for global markets.

The team at Kennect - Pulkit, Pralok and Omkar have built the foundation for a great business. They have a leading platform, a marquee list of customers and a solid global GTM strategy,” said Asutosh Upadhyay, Co-Founder & General Partner at FortyTwo VC.

About Kennect

Founded in 2017 by Pulkit Agrawal (an IIT Bombay Alumni and an EY consultant) and Pralok Chhajed (previously worked with Takeda Pharmaceuticals, Northeastern University Alumni), Kennect is a leading cloud-based platform to automate incentive compensation management, improve sales rep engagement and drive sales performance. Find out more at https://www.kennect.io/

About FortyTwo.VC

US-based FortyTwo.VC is an early-stage venture capital fund focused on early-stage seed & series A investments exclusively in the B2B SaaS and Enterprise Tech sectors. FortyTwo.VC partners with companies emerging from India and building SaaS / Enterprise tech businesses for North American markets. The fund is headquartered in Dallas, Texas Find out more at www.fortytwo.vc

B2B SaaS Startup Languify Raises $180K in a Seed Round Led by Titan Capital

The capital will be further used to build the company's core team, for product development and growth.

Languify, a B2B SaaS startup has raised $180,000 in a seed round led by Titan Capital, VC arm of Rohit Bansal & Kunal Bahl, Smile group led by Manish & Ramit Arora, Goel family fund led Hitesh Bindal, Pawan & Vishwas Goel, Alsisar Impact led by Anuj Sharma, CIIE led by Chintan Bakshi, Sethu Raman, CEO at Bewise, Anand Lakra, Partner at JS, Mridula Chettri, CEO of Inmovidutech. Additionally, Sourabh Chourasia, and Arjun Mallya, also participated in the round.

The capital will be further used to build the company's core team, for product development and growth realizing the 1.5 M USD of LOIs generated.

Founded in January 2021 by Lokap, Shivam, and Mohak Sahu, Languify started as an IIT-Bombay-based startup trying to solve the problem of lack of personalized interaction between the students & teachers. They got support from their college professor Parag Bhargava who now serves as a mentor and core member of the company. Paras who had been teaching at IITs for more than 25 years felt that a ton of students lack communication skills which impact their careers. This is how Languify got started.

Expressing their happiness to receive funds, Lokap Sahu, Founder & Chief Executive Officer, Languify said, “We are grateful for the trust our investors has shown in Languify & the team. With the funds received, we are looking forward to expand our team and scale our technology to the best. We are also looking forward to establishing early tractions, revenues and scaling the product.”

Commenting on investing in the B2B start-up, Bipin Shah, Partner - Titan Capital, adds, “With this investment, we hope to help Languify scale their solution for students and professionals across India that are struggling with language and self-confidence. Languify is going to be a very important tool in helping the youth and setting them on par with everyone else worldwide.”

Sethu Raman, CEO, Bewise states, “Team Languify’ being driven by such a passionate leader with a deeply invested team, made me extremely keen to be a part of it. Their cutting-edge approach to incremental change and improving learning behavior is a unique viewpoint. Indeed their impact-driven mission to enable people to improve their communication skills made me believe in this valuable product.”

Languify provides Interactive-AI based solutions to business by automating their human-led learning workflows at 1/10th of cost and time (like automating homework, quizzes, screening candidates and mock interviews) for Edutech & HR tech domains.

Businesses earn more revenue and save more operations costs with Languify resulting in 1.5 M USD LOIs and a rich pipeline of clients (73 MoUs signed) looking to cut costs while increasing their product`s value proposition.

Languify has deployed with Apli, Skilledge, Cipher school etc. and are in talks with UpGrad, Harappa etc to integrate the application.
Languify team is looking for further funding to expand and grow faster.

According to the founders, their clients get more than Rs 100 worth of value for every rupee they spent with Languify. With such an advantageous proposition in these recession-like times, businesses especially ed-tech/HR Tech companies are jumping on to collaborate with the platform.

B2B Indian SaaS Platform SupplyNote, Aims a Whopping 300% Growth in Client Base by End of Fiscal Year 2022-23

F&B SaaS Company Aims to close 7000 restaurants and food chain pan India

SupplyNote, a B2B software-as-a-service provider that assists food and beverage (F&B) businesses in digitising and automating their supply chain and procurement, experienced staggering growth and expansion in the fiscal year 2021-2022. SupplyNote has successfully onboarded 2750 clients in the fiscal year 2021-2022 and plans to onboard an additional 7000 clients in the fiscal year 2022-2023.

SupplyNote, on a mission to digitise the food and beverage industry, connects outlets, service providers, and suppliers, allowing them to manage inventory, place orders, and uncover sales performance insights to strengthen their business. SupplyNote is currently present in 83 cities across India, with plans to expand and provide services to its clients in 50 new cities. The expansion will enable SupplyNote to establish a presence in over 130 cities, allowing its clientele to scale marketing services and generate more revenue.

“The Indian SAAS market is developing at an exponential rate, particularly since the Covid-19 pandemic. We are capitalising on the current market trends, and I am pleased to announce that we are expanding and hiring in accordance with our business priorities and goals. As we are strengthening our presence in new geographies, we remain committed to improving the relationship between businesses and their suppliers while also refining our technology offerings to help our clients generate more revenue and build their business. The current development will undoubtedly motivate every employee in our company to stay committed and help us reach even more significant milestones,” said Kushang, Co-founder and CEO, SupplyNote.

SuppyNote is reaping major business traction from the Delhi NCR region and some of their notable clients include Burgrill, Slay Coffee, Bakingo, Vadilal, Natural's, Biryani By Kilo, ZFW Hospitality, Nazeer's Foods, Burgerama, Theos, Wat-a-burger, Blue Tokai, and others.

SupplyNote assists its clients in increasing bottom profit margins by 70% by reducing costs and expenditure in the restaurant and hotel supply chain. It accomplishes it by saving approximately 4% of net revenue from pilferage and theft, up to 6% by preventing unnecessary costs through better utilisation, approximately 8% by reducing overpriced purchases, and about 2-3% on human resources. A Food Business that normally makes a profit of 15-20% can increase its profit margins by 6-15% depending on the size of their business and the SupplyNote services clients subscribe to.

Incepted in 2019, SupplyNote is a supply chain automation platform providing SAAS platform to restaurants. Established by the founders- Kushang-CEO, Abhishek Verma-COO, Nitin Prakash-CPO and Harshit Mittal-CTO, the company was started with an aim to provide end to end digitization of procurement process and automation steps like inventory management, ordering, payment ledger management and to solve the supplier/product discovery problems. Over the period the company has witnessed an 150 % of YoY growth. The company is funded by -Sucseed Ventures, Venture Catalysts, CIO Angels,91 Springboard and GHV Accelerator. SupplyNote is the second platform in the direction of digitization of the supply chain in the F&B industry, by the parent company Adcount Technologies. In 2015, the company launched the platform Adurcup. Including the current fundraise, the company-Adcount Technologies has raised a total of USD 1.6 M since its inception.

Feature your B2B SaaS Startup on Startup Europe India Network

Startup Europe India Network (SEINET), the Europe and India focused Startup ecosystem builder has just launched B2B SaaS Startup listings on its platform. Marketplaces for consumer discounts and easy to find consumer offerings are numerous but not a whole lot for enterprise Startups.

A number of B2B Startups are building some cool tools and solutions that can save cost and deliver great solutions in the enterprise ecosystem; but finding the right enterprise offering is quite an ad-hoc process.

To address this challenge, SEINET is now featuring B2B Startups discounts, offers and free trials. SEINET platform is frequented by Corporates, Startups and. Now Startups can take advantage of the potential customer traffic by featuring their offerings.

To be featured, a B2B Startup should be (a) operating a minimum of one-year (b) revenue generating (c) and list a discount, free trial or an offer for a potential client. The B2B SaaS Startups that are relevant to Europe and Indian markets are invited. All qualified Startups can have one-year free listing on SEINET. One of the first Startups to list is Alore – a SaaS startup building growth tools for SMBs and now offers 50% discount for 6 months through SEINET.

Praveen Paranjothi, Managing Director and founder of SEINET says: We are building the new age online ecosystem with SEINET.  An age where funding and great talent can seamlessly connect to hack Startup growth; Focused on tech and impact ecosystems in Europe and India, we have also built a great set of invite-only Trusted Experts Network encompassing folks who have done growth, tech and investment hacking. Experts such as Head of Data Science at HSBC, Head of AI at Surplus, Partners at VC firms and the likes.

In the line-up of these efforts, we now seek to address the challenges a B2B SaaS startup faces, the long sales cycle and startup discovery in the enterprise sector. If we can help streamline the Startup offerings and help reduce the sales cycle, we would be adding immense value in this space.

B2B SaaS Company Trilyo Raises Seed Round of Funding

Trilyo, a B2B SaaS company with solutions for Restaurants, has announced the closing of its seed round. The Lead Angel is a Singapore-based private investor and backed by members of Amplifi Angel Group including Vishnu Bhat, Bangalore based entrepreneur and former SVP of Infosys, Mumbai-based entrepreneur Rajiv Lunkad and Dubai-based Naresh Ravindranath.

The Bengaluru-based company launched its product as a pilot in Mumbai & Bengaluru over the past few weeks. The company helps restaurants in a complete 360° customer management with solutions for strong Consumer Loyalty in an Engaging way while enhancing the whole Consumer Experience. TRILYO is a cloud-based service app providing restaurants and restaurant chains with solutions for:

• feedback & smart selling
• multichannel order management and
• analytics to improve brand connect for restaurants.
• Managing CRM and promotions

TRILYO’s objective is to improve restaurant sales and keep their customers engage in a pleasant manner to provide best food and service.

The funds received in the seed round will be utilised to expand the product suite and build client traction. TRILYO has quickly grown in Mumbai and is building a presence across major Indian cities before venturing overseas.
“Despite a market crowded with apps for restaurants, TRILYO is exciting because of novel use case features that will put it well ahead of any competition and offer a comprehensive solution which is missing in the market”, says one of the seed round Angel investors.

Trilyo is founded by Abhishek Moharana and Gaurav Gambhir. Abhishek and Gaurav assert that they were fortunate to be part of the Amplifi SaaS Accelerator Program and are thrilled about the product maturity they have achieved under the Amplifi umbrella.

Abhishek is an alumnus of IIT Bombay and has worked with PwC; Gaurav worked with EY and has huge experience in building enterprise applications. Both of them earlier worked at TCS and have always enjoyed playing guitars together.

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