SmartKarrot Inc. Announces Extended Angel Round Fundraising Completion To The Tune Of $1 MnThe funds raised will be used to enhance the platform and further market acquisition activities

ByPrabhjeet Bhatla

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Unsplash

Dallas-headquartered software company SmartKarrot announced to have recently received an additional $1 million for their subscription-driven go-to resource for digital-led enterprises and B2B businesses.

The funds raised from existing investors, promoters, and multiple individuals with the high-net-worth will be used to enhance the platform and further market acquisition activities.

Focused on customer retention and expansion, SmartKarrot provides organizations with the ability to combine customer intelligence, smart workflows, and automated actions. Customer success teams need to tread the fine line between onboarding, adoption, engagement, and reducing churn.

SmartKarrot enables achieving these outcomes using augmented intelligence (AI), hyper-personalization, and extensive automation, the company shared.

"Retaining and growing customer portfolios comprise many moving parts, data silos, and activities. SmartKarrot has been designed to balance the intelligence and automation needs to solve this very relevant and complex problem," remarked Prithwi Dasgupta, chief executive officer, and co-founder, SmartKarrot, Inc.

It also has an international presence that includes Toronto, Bengaluru, and Singapore.

Wavy Line
Prabhjeet Bhatla

Former Staff

Related Topics

Business News

Netflix is Hiring an AI-Focused Role—and the Starting Salary is up to $900,000

The streaming giant is looking for a leader in its machine learning department.

News and Trends

Google Invites Applications For Eighth Batch Of Startups Accelerator Programme

Applications are open until August 22, and eligible startups should have AI as a core solution or product, including generative AI

Money & Finance

How to Make Money Online: 10 Proven Ways to Make Money Online

Need to know how to make money online as a side gig or new career? Check out this breakdown of the 10 top online money-making methods.

Living

Finding Balance — How to Pursue Your Entrepreneurial Ideas While Prioritizing Your Well-Being

A question for entrepreneurs: Are we planting seeds or burying ourselves in work?

Entrepreneurs

The Bhujia Baron

Deepak Agarwal, MD, Bikaji Foods, is a visionary like his father, Shivratan Agarwal. He entered the family business with much vigour to take it to newer heights. Under him, in 2019, the brand became the first one in the snacking category to rope in superstar Amitabh Bachchan as ambassador, and in 2022, became the first listed company from the ethnic food industry.