Apptile, a Bangalore, India-based SaaS startup that specializes in no-code mobile app development, raised $2.5 million in a seed funding round led by the Mankekar Family Office and Ramakant Sharma, founder of Livspace.com.
The funds will be used to launch its innovative platform, allowing Shopify businesses to create customized, high-performance mobile apps without the need for coding or design experience.
“In the past 15 years, mobile app development has not kept up with the widespread adoption of mobile devices. We strongly believe in the potential of mobile apps as a retention channel, on a par with e-mail and SMS,” said Rohit Modi, co-founder, and CEO of Apptile.
With this latest funding, the start-up also plans to expand its team and further develop its platform to offer businesses looking to leverage the mobile channel.
“I am excited to be part of Apptile’s journey to democratise mobile apps, empowering businesses of all sizes to create personalised mobile-first experiences for their customers. So far, owing to the complexity and cost of creating and maintaining mobile apps, this has been a prerogative of the major brands only,” said Ramakant Sharma.
Company: Apptile Inc.
Raised: $2.5M
Round: Seed Round
Funding Month: April 2023
Lead Investors: Mankekar Family Office and Ramakant Sharma
Additional Investors:
Company Website: https://apptile.com/
Software Category: E-Commerce Analytics Software
About the Company: Founded in 2021 by Rohit Modi, Samyam Annappa, and Vishal Sood, Apptile is a design & technology startup that focuses on mobile and mobile applications, dedicated to empowering e-commerce entrepreneurs to achieve their goals. The company's no-code platform makes it easy for any brand to build their mobile app without hiring a developer, empowering them to take control of their mobile presence, streamline operations, and stay ahead of the curve in the digital marketplace. The company's mission is to support and empower the e-commerce community and help them succeed in an increasingly competitive market. Apptile has offices in San Francisco, Bengaluru, and London.
Source: https://www.thehindubusinessline.com/info-tech/saas-start-up-apptile-raises-25-million-in-seed-funding-round/article66701796.ece