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BUSINESS

Manch Technologies Raises $1.1 Mn in Pre-Series A Round Led by BISF

Bengaluru-based Manch Technologies, a SaaS-based zero-coding digital transformation platform, has raised $1.1 million in a pre-series A round led by Bharat Inclusion Seed Fund with participation (BISF) from Pentathlon Ventures.

The company will use the new funding for stepping up its growth internationally and product development initiatives. Manch is also hiring more staff in business development and marketing, and plans to increase investment across marketing significantly, sales and customer support functions as it gears up to scale, said the company.

“The zero coding, rapid implementation platform by Manch ensures that our clients concentrate on the core business, while we bring in the efficiencies by reducing costs and TAT by facilitating a self-service paperless, contactless environment. Our customers have very well received the platform due to the value they have seen in our offerings,” said CEO and Founder Suresh Anantpurkar.

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