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27 January, 2021:Bengaluru-based industrial services platform VenWiz on Wednesday declared that it has brought USD 3 million up in a seed financing driven by Accel India and Nexus Venture Partners. The round additionally saw cooperation from different investors including Titan Capital, Anand Chandrasekaran (Five9) and Rajendra S Mehta (ex-Reliance).
The infusion of capital will be utilized by the organization for acquiring talent, reinforcing innovation and business development.
The organisation which has under 10 representatives, will dispatch its pilot in Bengaluru and Hyderabad in the following 3-4 months, and plans to extend skillet India before long.
Established in 2020 by Rajesh Reddy and Sandesh Paturi, VenWiz is a stage changing disclosure, acquirement and execution of mechanical B2B administrations. VenWiz further empowers administrators to installed designing administrations suppliers in assembling and partnered enterprises.
As per the organization, each assembling unit depends on designing administrations suppliers for their necessities across tasks, upkeep and activities. Right now, these engagements are done through age-old frameworks - offline channels and incongruous organizations/interfaces - prompting shortcomings and lost chances.VenWiz claims that its exclusive platform plans to overcome this issue by organising end to end service commitment for each processing plant, from finding right specialist co-ops to working together with them and executing the work.
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