SmartCheck Secures Debt Funding to Accelerate Growth in Facility Management Solutions

• ByStartupStory     |    April 6, 2024

SmartCheck, a leading provider of SaaS facility management services headquartered in Hyderabad, has announced the successful securing of undisclosed debt funding from Incred Capital. The funding round was facilitated by Lakhani Financial Services, one of India’s premier investment banking firms. This significant milestone marks SmartCheck’s inaugural external funding round, positioning the company for accelerated growth and innovation in the burgeoning facility management industry.

The capital infusion arrives at a pivotal juncture for SmartCheck as it embarks on an ambitious trajectory to expand its business operations and propel software development initiatives forward. With a steadfast commitment to delivering cutting-edge facility management solutions, SmartCheck is poised to leverage the newly acquired funds to fortify its market presence and augment its suite of innovative offerings.

“We are thrilled to have secured this debt funding, which will enable us to fuel our growth trajectory and further enhance our software capabilities,” remarked Sreenivasteja M. and DV Sarath Reddy, founders and directors of SmartCheck.

SmartCheck’s specialized focus on SaaS facility management services positions it uniquely within the industry, offering tailor-made solutions to streamline operations and optimize efficiency for businesses across diverse sectors.

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