Nurturev, a burgeoning SaaS startup based in Pune, India, has announced a significant milestone, having successfully raised $1 million in a pre-seed funding round. The financing was spearheaded by Antler India, with notable participation from Sparrow Capital, ISV Capital, Blume Founders Fund, and distinguished angel investors such as Kunal Shah of Cred and Deepak Diwakar of Mindtickle.
Co-founded by Sayanta Ghosh, Nikhil Ojha, and Rajat Jain, Nurturev has been making waves with its innovative revenue intelligence platform. This platform is designed to gather crucial insights about various organisations’ budgets, challenges, and priorities, leveraging data from diverse third-party sources.
At the heart of Nurturev’s offering lies its proprietary AI/ML technology, pivotal in empowering B2B enterprises. Nurturev aims to streamline sales processes, drive conversions, and ultimately accelerate growth by enabling businesses to prioritise and auto-qualify revenue opportunities effectively.
Antler India’s decision to lead the funding round underscores its commitment to identifying and nurturing promising startups in the Indian ecosystem. The early-stage investment firm, which recently closed Rs 500 crore of its Rs 600 crore ($75 million) maiden fund, has been actively building a diverse portfolio. Some of its notable investments include Bold Finance, Covrzy, Hexo, Kusho, and Figr.
This latest infusion of capital validates Nurturev’s potential and highlights the growing appetite for innovative solutions in the realm of revenue intelligence. As businesses navigate an increasingly competitive landscape, the demand for actionable insights and data-driven strategies has never been more pronounced.
The successful funding round comes when the market is witnessing heightened interest in revenue intelligence solutions. Just recently, Reo.Dev, a firm specializing in revenue intelligence tailored for developer-focused Go-To-Market strategies, secured $1.2 million in its pre-seed round led by India Quotient.
With the backing of Antler India and other key investors, Nurturev is well-positioned to scale its operations, drive product innovation, and solidify its presence in the rapidly evolving SaaS landscape. As the company sets its sights on the future, it remains committed to empowering businesses with the insights they need to thrive in an ever-changing business environment.
