The fresh proceeds will be used to scale up its team, drive market expansion and innovate towards building new product offerings
Besides this, Zintlr founder Ravi Jain said that the funding will enable the startup to focus on R&D and customer acquisition, bridging the market gap and seizing huge opportunities
Founded in 2022 by Jain, Ujwal Kumar and Pranay Khariwal, Zintlr is a B2B SaaS startup offering lead generation and sales solutions
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B2B SaaS platform Zintlr has raised INR 7.5 Cr (around 0.9 Mn) in a seed funding round led by Jain Investment Advisors’ founder Om Jain.
The round also saw participation from a slew of investors, including JITO Incubation and Innovation Foundation (JIIF), Motilal Oswal, Bidco Group’s chairman Vimal Shah, JG International Infra Limited’s Sparsh Jain, Modak Vyapaar Private Limited’s Vinod Dugar, GM Electrical’s Ramesh Jain and Gopalan Enterprises’s Prabhakar.
The fresh proceeds will be used to scale up its team, drive market expansion and innovate towards building new product offerings.
Besides this, Zintlr founder Ravi Jain said that the funding will enable the startup to focus on R&D and customer acquisition, bridging the market gap and seizing huge opportunities.
Founded in 2022 by Jain, Ujwal Kumar and Pranay Khariwal, Zintlr is a B2B SaaS startup offering lead generation and sales solutions.
It claims to leverage sales with its contact database, revenue intelligence, and other insights for niche markets and geo-locations. It provides its offerings in various industries like banking, manufacturing, fintech, distributors, and others.
JITO Incubation and Innovation Foundation’s (JIIF) chairman Rajat Mehta said, “Zintlr’s unique approach of leveraging AI-powered insights and B2B sales intelligence aligns perfectly with the growing need for smarter, faster business operations. We are excited to support them in their journey and help them tap into newer markets and opportunities.”
The funding comes at a time when there has been a surge in SaaS investments lately. The growth prospects in the sector are further reinforced by the growing digital adoption in India due to huge smartphone penetration and affordable internet charges.
Earlier this week, SaaS startup Pepsales secured $1.1 Mn (around INR 9.1 Cr) in a pre-seed funding round led by Chiratae Ventures.
On the broader scale, India boasts a robust enterprise tech ecosystem with over 1261 startups in the sector and has produced 22 unicorns in the likes of Postman, Freshworks, BrowserStack and others.
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