Loopin Raises $820K In Seed Round Led By Venture Highway
- ByAyushi Ray | July 28, 2021
SaaS startup Loopin raises $820K in seed round led by Venture Highway. Loopin was founded by BITS Pilani alumni, Anurag Varma, Parth Pareek and Mehul Dudi. It is a calendar based productivity planner and booster for the busy generation. Apart from Venture Highway, First Cheque and a few angel investors participated in this funding round. The product is in beta currently with select organisations and will see a market launch later this year, the company said. This fund will be used to develop the product and expand the team.“With distributed workforces blurring the boundaries and employees adopting more fluid schedules, there is an urgent need to focus on output and not the hours. Loopin solves this and provides a simple solution to make your work day more effective. We’re delighted with the outcome of our fundraising efforts. The trust of our investors is testament to the very real and needed solution that Loopin’s platform brings to the market,” said Anurag Verma.
Commenting on the investment, Priya Mohan, Startup Sensei at Venture Highway, stated, “I live in my calendar! While it is the most important tool, it is also something that has remained as is with little re-imagination and innovation. At least for 50 percent of my calendar slots, I wonder about the context, past action item and relevance for today’s meeting. For people, where time is inventory, calendars if reimagined can drive significant productivity and give back time in our hands. This is what Loopin is aiming to do, give back time by reimagining your calendar. As a Venture Highway alum, I have had a first-hand view of Anurag’s product thinking and the founding team is well equipped to solve this problem. We wish them every success!”
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