DeepTech accelerator SanchiConnect receives funding from Baring PE India, Seafund, 8X & other investors to scale its SaaS solutions

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Sep 30, 2024 - 17:13
Sep 30, 2024 - 17:13
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DeepTech accelerator SanchiConnect receives funding from Baring PE India, Seafund, 8X & other investors to scale its SaaS solutions
“DeepTech accelerator SanchiConnect receives funding from Baring PE India, Seafund, 8X & other investors to scale its SaaS solutions”
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Read more on hindustanmetro.com
30 Sep 2024
https://hindustanmetro.com/deeptech-accelerator-sanchiconnect-receives-funding-from-baring-pe-india-seafund-8x-other-investors-to-scale-its-saas-solutions
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DeepTech accelerator SanchiConnect receives funding from Baring PE India, Seafund, 8X & other investors to scale its SaaS solutions

New Delhi [India], 30th September 2024: DeepTech accelerator SanchiConnect has announced capital raise led by Baring Private Equity Partners- India (STPL), Seafund, and 8x Ventures. Other investors who participated in the round are Ogma, Arctic Innovations, and InnovHer. The investment will help SanchiConnect strengthen its recently launched software offerings to Indian startups. SaaS-based offerings provided by accelerators and incubators to its startups is a global trend that is now seen emerging in India given the speed of innovation being witnessed. 

“With the current fundraise we plan to strengthen our software suite around different formats of startup enablement. We will continue to push our community efforts and strengthen the play with AI integrations to give our users more reasons to engage and derive value. The funds will also be used for regional expansion across APAC and the Middle East.” said Dr Sunil Shekhawat, CEO & Cofounder of SanchiConnect.