NymbleUp, a Mumbai, India-based AI-based SaaS platform for operations automation and workforce management, raised INR 3 crore in a seed funding round led by IvyCap Ventures.
The latest funding will help NymbleUp expand its workforce by allowing them to bring on talent and sector experience.
This funding also intends to improve its technology in order to penetrate deeper into existing products, with an emphasis on providing best-in-class user experience across all stakeholder touchpoints. The cash will also be utilized to make inroads into the markets of the United States and Southeast Asia.
“This seed funding will enable us to accelerate the growth of NymbleUp, expand our team and explore new markets. Our goal is to become the leading B2B SAAS platform, helping businesses improve their efficiency and productivity across their operations,” says Yogesh Bhatt, CEO of NymbleUp.
Company: NymbleUp Solutions Private Limited
Raised: INR 3 crore
Round: Seed Round
Funding Month: January 2023
Lead Investors: IvyCap Ventures
Company Website: https://www.nymbleup.com/
Software Category: Demand Planning and Workforce Management Software
About the Company: Founded by Yogesh Bhatt, Manish Thakur, and Alhad Pofali, a team of engineers with practical experience in technology and retail, NymbleUp is an AI-powered suite of tools that helps retailers drive profitability by generating demand, optimizing the workforce, and inventory. The company provides predictive workforce scheduling and resource planning solutions for the retail industry. The platform aids in controlling labor costs while guaranteeing that customer satisfaction and legal requirements are met. NymbleUp also provides services for automating audits, expiry management, and store operations.