NimbleS2P, a SaaS platform, raised $4 million in a pre-Series A investment sponsored by Inflection Point Ventures (IPV). Several micro-venture catalysts and angel investors also took part in the round.
According to the company’s news statement, the money will be utilised for product development, marketing, sales, and partner connections.
NimbleS2P, which was created by Chandresh Sharma and Arun Krishnamoorthy, is intended to seamlessly complement and integrate with large ERP systems like SAP, Oracle, Microsoft Dynamics, and others to provide businesses in the manufacturing and real estate sectors with cost-effective business process digitization.
The platform modules include those for contract administration, PO and invoice processing, and supplier management. Now, the business serves over 15 clients, including DLF, Jindal Steel and Power, and Oberoi Realty.
About 7400 CXOs, HNIs, and professionals may invest in businesses through the angel investment platform Inflection Point Ventures (IPV). Pre-Series A through Series B growth-stage firms are eligible for IPV’s $50 million CAT 2 AIF Physis Capital investment, which was announced in March 2022.
