Anar raises 6.2 Mn dollar in seed round co-led by Elevation Capital and Accel India.

• ByAyushi Ray     |    September 15, 2021

Anar raises 6.2 Mn Dollar in seed round co-led by Elevation Capital and Accel India. This B2B business networking startup saw participation from First Cheque and Utsav Somani (iSeed and Partner, AngelList India), along with some of the best engineering and product-centric founders, including Ranjeet Pratap Singh (Co-founder and CEO, Pratilipi), Farid Ahsan (Co-founder, ShareChat), Vidit Aatrey, and Sanjeev Barnwal (Co-founders, Meesho), and Shashvat Nakrani (Co-founder, BharatPe). Nishank Jain, Co-founder and CEO, Anar, said in a press note, “For all these years, SMB owners are used to getting business through their relationships and networks. With Anar, we want to enable owners to focus on something they are good at, i.e., building their network to grow their business. Anar is a 0-to-1 solution in this space with no other global peers, and we are humbled by our investors’ belief in our team and our vision. These funds will help us deliver a world-class product for SMBs.”

Founded in February 2020 by IIM Lucknow alumni Nishank Jain and Sanjay Bhat, the Anar business app caters primarily to small-and-medium businesses (SMBs) across the value chain, from manufacturers to retailers and resellers, helping them connect and interact with one another. Speaking about the product plans, Sanjay Bhat, Co-founder and CTO, Anar, said, “We are looking for smart people who are excited about making an impact on hundreds of millions of lives. We want to hire the best engineers and product leaders who will embrace our user-first product mindset as we solve the most pressing problems for SMBs.” “We are in the early stages and have a strong product roadmap and need candidates who can think on first principles to deliver against our strategy. Our long-term objective is to make the best engineering and product team in the world,” he added.

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