11 June 2019, India:
SaaS based modern customer interaction platform Jumpstart has raised funding from Venture Catalysts. Rajesh Patel, Mrunal Jhaveri, Bhavesh Chaudhary, Bobby Reddy led the investment round amongst others.
Jumpstart connects local businesses with modern consumers to help them build authentic story on digital channels and acquire more new customers.
Currently, the startup powers 4000+ businesses across more than 50+ industry verticals.
Dr. Apoorv Sharma, Founder, Venture Catalysts said, “VCats is always looking for businesses that can serve as the catalyst to the next phase of transformation. Jumpstart, in its role as the facilitator of local enterprises develop a strong online presence to reach out to more consumers effectively, fits this role perfectly. It is led by two well-experienced founders and a skilled core team that knows the needs of different fast growing consumer and B2B start-ups well.”
Dr. Apoorv Sharma, added, “The technological and product level maturity of Jumpstart, and its deep market research also prompted us to invest in this company at a seed stage. We could clearly see the vision and roadmap ahead, which always builds immense confidence in an investor and gives clarity about the enterprise’s long term and short term goals.”
Raghav Soni, co-founder, Jumpstart, said, “With ever growing internet penetration – customer interactions has very much transformed and has become more personal. Jumpstart started with a mission to boost offline based businesses small and big. Local brands have seen growth of upto 40% in new customer footfalls by adopting Jumpstart proprietary Reviewboost and Social commerce features and becoming most trusted businesses in their locations.”
Raghav Soni added, “As we are fast evolving on our mission, Venture Catalysts with its big portfolio of such businesses will provide us strategic understanding and financial capital on our mission. We aim to boost 1 million businesses by 2022. This funding round will help us double down on our industry first innovation driving millions of businesses adopt digital transformation going around them.”
Jumpstart has been co-founded by Raghav Soni and Qamar Siddiquie.
(Image – Jumpstart)