Zocket, a Chennai-based SaaS platform for SMBs raised $3 million in their seed round of funding led by Kalaari Capital, with participation from Kettleborough VC.
The company plans to use the proceeds to expand its product offering, improve the brand building, bolster its team and launch its full-fledged AdTech solution to the SMBs.
Company: Zocket Technologies Private Limited
Raised: $3.0M
Round: Seed Round
Funding Month: March 2022
Lead Investors: Kalaari Capital
Additional Investors: Kettleborough VC
Company Website: https://zocket.com/
Software Category: Marketing SaaS Platform
About the Company: Founded in 2021 by second-time entrepreneurs - Karthik Venkateswaran, Nandha Kumar Ravi, Sundar Natesan, and Mukund Srivathsan, Zocket is a full-stack marketing platform that helps SMBs promote their offerings across multiple digital platforms and launch their digital ads. Zocket’s beta version has garnered 5000+ users within a week of its launch. Initially, the product was given on an invite-only basis to over 100+ brands to run social media ads who have seen up to ~4x to 6x return on ad spends. Targeting India first, Zocket is envisioning to take their solution to the global SMBs and capture a large chunk of the $700Bn+ global ad spend market. There are approximately 400Mn SMBs globally, and AdTech solutions shall be at the cusp of digital disruption in all aspects for these businesses.
Source: https://www.indianweb2.com/2022/03/marketing-saas-platform-zocket-raises.html