[Funding News] Wify Secures $3 Mn Pre-Series A Funding Round Led by Mount Judi Ventures, Capria Ventures
Summary
Home Furnishing Installation Startup Wify has attracted Rs 25 crore ($3 million).Under pre-Series A co-led by Mount Judi Ventures and current investor Capria Ventures.The fresh funds will be utilized to grow into new categories, penetrate deeper into current categories with additional value-added services, and fast increase capacity expansion, software, and technological improvements.Other investors including Blume Founders Fund also participated in the round.Wize closes the distance separating contemporary house brands from qualified experts. Its SaaS system provides brands and customers with real-time tracking, on-site project management, and simplified order processing.Wify wants to use generative artificial intelligence for on-job help, training and onboarding of employees, and improving customer support. Operating over 100 locations in India and with more than 3,000 technicians registered on its platform, the firm has relationships with more than 100 top worldwide and local brands including IKEA, Amazon, Godrej, and Hettich.Founded in 2019 by Vikram Sharma and Deepanshu Goyal, Wify is a technology platform helping Brands manage their post-purchase consumer experience, starting with initial assembly/installation to after sales service, to warranty management, throughout the product life cycle.Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:Funding Startup News: Stay updated with the latest news and trends in startup funding and investment.Startup Insights: Dive into in-depth analyses of various industries and market trends to make informed business decisions.