Home Investment MiClient Secures ₹3.9 Crore Seed Round Led by IAN Group to Accelerate...

MiClient Secures ₹3.9 Crore Seed Round Led by IAN Group to Accelerate Growth

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MiClient, an AI-driven B2B sales enablement platform, has successfully raised ₹3.9 crore in its seed funding round. This round was spearheaded by the IAN Group, with significant participation from Anicut, GSF, RTAF, and Keiretsu. The investment was led by Vikas Kuthiala and Pratik Mathurkar from IAN. This latest funding follows an earlier pre-seed investment from 100x.VC in October 2023.

The fresh capital will be instrumental in strengthening MiClient’s team and broadening its market footprint across various geographies in India. The company is also focusing on developing an advanced AI-based model to automate the creation of quotations and invoices, aiming to significantly streamline the sales process for its users.

Under the leadership of Swati Sharma, MiClient has designed a user-friendly CPQ (Configure Price Quote) platform that enables sales teams to close deals up to three times faster, with the average deal now closing in just 10 days. The company is implementing a direct sales strategy to penetrate further into India’s industrial hubs.

With a current base of over 150 customers and more than 1,500 users, MiClient primarily serves SMEs in the B2B manufacturing sector. The company’s easy-to-use platform is designed to enhance sales efficiency and accelerate deal closures, positioning it as a key player in the B2B sales enablement space.

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