Funding Alert

Exly Secures $6.2M Led by Chiratae for Business Tools Expansion


Exly, a provider of business tools formerly known as MyScoot, has secured $6.2 million in funding in a round led by Chiratae Ventures, with participation from existing backers Mayfield India and Venture Highway. 

The company, founded in 2021 by Suyash Sinha, Sidharth Rawat, Akhil Tripathi, and Swati Singh, intends to utilize the funds primarily for enhancing its product offerings and expanding its customer base. According to Exly, the proceeds will be instrumental in further streamlining operations and boosting productivity for its clientele. 

The startup’s suite of services includes course builders, appointment schedulers, marketing tools, CRM, and lead capturing conversion tools tailored for creators and solo-entrepreneurs. 

With over 10,000 customers already onboard, Exly caters to a diverse range of professionals such as business coaches, fitness experts, astrologers, dance instructors, and digital marketers. 

“We are thrilled to have Chiratae Ventures lead this round of funding, which will significantly accelerate our growth trajectory,” said Suyash Sinha, Co-founder of Exly. Previously, the company had raised $1.8 million in seed funding and was part of Y Combinator’s winter 2019 batch.

 

bharat bannaer

 

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