Bengaluru-based Noticeboard Gets TFS founder and Former Myntra CTO As Angels

Bengaluru-based enterprise communication platform Noticeboard has picked up funding from two angel investors, Aprameya Radhakrishna, co-founder of TaxiForSure and Shamik Sharma, former CTO of Myntra, according to a report in the Times of India. In addition to providing the capital, Sharma has also comes aboard the company as a mentor. The funding from Sharma and Radhakrishna is part of recently closed financing round when the company raised capital from VCs such as Stellaris Venture Partners and others.

Founded last year by three individuals, Vishal Gahlaut, Vishesh Dahinwal and Sarath Chandran, Noticeboard is a communication platform for teams focused on delivering customer success.

It has been observed that often teams closest to customers are not connected to central teams, whether it is a business' delivery network, business partners or service agents. The startup believe in assimilating the frontline teams as it believes their insights are essential to delivering customer success.

According to the TOI report, Noticeboard has decided on using the funds raised for product development and hiring for some of the key positions. The company is also considering to expand its presence outside of the Indian subcontinent. "We have on boarded three big clients while several other small to medium sized companies have also joined us. We are conducting other pilots as well," said Vishal Gahlaut, co-founder of Noticeboard sharing his company's expansion plans.

Speaking about his latest investment, Sharma said "Noticeboard is on a unique journey to disrupt the way organizations manage their desk-less staff. Bringing the mobile workforce into the knowledge economy is possibly the biggest opportunity in the world of communication since email, and the team at Noticeboard is well on their path of establishing early dominance in this multi-billion dollar space."

According to Gahlaut, the startup had been garnering a lot of curiosity from various stakeholders in the US for expanding its operations there and the founding team is currently navigating through the proposal for the same.

[Image: Inc42 Media]

Communication Platform Noticeboard Raises $1.2M Led by Stellaris Venture Partners

Noticeboard, Bengaluru-based communication platform for frontline staff, has raised its first round of $1.2 million led by Stellaris Venture Partners.

The funds will be used to strengthen the technology, product and design teams. Noticeboard is focused on leveraging the power of the mobile phone to make information more accessible, and will be looking for top talent that understands the nuances of the small screen deeply.

“At Noticeboard, we believe organizational communication has to be more inclusive. Noticeboard aims to empower frontline staff with real time communication and make them participants of the knowledge economy, much like email did for the desk workers.” says Vishal Gahlaut, CEO, Noticeboard.

“The falling costs of smartphones and data, makes it possible today to reach out to the last person in the organization. For teams to deliver superior customer experience, real time reliable information sharing is a must. ”, adds Vishesh Dahinwal, Co-founder, Noticeboard.

There are over 2 billion workers in the organized sector in the world who don’t have an email address. As a result, updates, feedback and other items of notice take time to trickle down to the frontline staff leading to information gaps, poor training and a feeling of disengagement for the employee. At the same time, insights from the ground do not flow back from the staff to line managers and beyond.

“Despite nearly three decades of email and thereafter a variety of communication tools for the desk workers, enterprise communication eludes the frontline staff. With over 300M such workers in India and 2B+ globally, we believe that this is a massive opportunity, and one that should naturally come from India. We are very excited to partner with Vishal, Vishesh and Sarath on their journey to build a world class SaaS company from India.” says Alok Goyal, Partner at Stellaris Venture Partners.

As part of the transaction, Alok joins the Company’s board. A handful of angels, including Blackbuck founder Rajesh Yabaji and YuMe cofounder Jayant Kadambi, from Stellaris’ founder network have also participated in the deal.

Noticeboard is founded by former top executives from Myntra, Vishal Gahlaut, Vishesh Dahinwal and Sarath Chandran, who had together built and scaled Myntra’s marketplace. Vishal was a Vice President at Myntra, heading the women’s and kids wear business. Vishesh was heading Myntra’s in-house logistics function and had previously set up Jabong’s marketplace operations. Sarath was most recently doing product management at Walmart Labs and was earlier leading back end product at Myntra.