Glamplus raises INR 2 crore in Pre-Series-A funding round
Delhi: Salon-focused SaaS platform Glamplus has raised Rs 2 crore in a Pre-Series A round led by Inflection Point Ventures, one of India’s largest angel investment platforms in India. Few of the other investors in this round are Anil G (Co-Founder & COO at Bounce) Sachin Khandelwal (MD & CEO at Sadhan Enterprise), Sravan Kumar (CEO at Transin), Abhishek Daiya (AVP at Byju's) and Anudeep Nagalia (VP at Shadowfax). They have invested in personal capacity.
Funds raised will be used for enhancement of product & tech capabilities and business expansion. The funds will also be utilized in scaling to 3000 partners in the next 6 months along with vertical expansion of the business line.
With an absence of SaaS based system for Salons, the management of customers has been mostly ...