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Zomentum Raises $4.1 Million From Accel and SAIF Partners

zomentum

Zomentum, a startup company that serves as an all-in-one sales tool for managed service providers has managed to bag the funding of $4.1 million from Accel and SAIF Partners and now the company is making further plans to use this money wisely.

The company was founded by Shruti Ghatge and Rahil Shah in the year 2018 and recently in the month of January, Zomentum has been successful in shipping its first product.

Basically, the company builds sales solutions for their IT partners and provides them services in various areas concerning managing leads, assessing customer’s requirements, managing billings, generating proposals, etc.

As said by the co-founder and CEO of the company, Shruti Ghatge, “What we’re building is a tool for IT partners to be able to deliver modern cloud solutions in the most efficient way, but there are no tools available to these companies to make that happen.”

The company’s future plans regarding the spending of the capital include hiring a sales team to the locations that are under service and are located outside of North America. They are also working on building their product as well as adding more options to services provided to the IT partners all over the globe. To state, there are 500,000 of them globally.

According to Shekhar Kirani, who is a partner at Accel “We are excited about (partnering with) Shruti and Rahil, who have spent more than 18 months studying the market and starting Zomentum with a singular focus in making the IT partner ecosystem thrive and scale with a modern toolset.”

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Raghava

Written by Raghava

Raghava is Google certified digital marketer,Wordpress consultant and Founder at Startupsindia.in .

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