City
Epaper

AI platform OrbitShift raises $7 million to expand product footprint

By IANS | Updated: June 20, 2024 10:10 IST

New Delhi, June 20 AI-native sales operating system OrbitShift on Thursday said it has raised $7 million in ...

Open in App

New Delhi, June 20 AI-native sales operating system OrbitShift on Thursday said it has raised $7 million in seed funding led by Peak XV’s Surge and Stellaris Venture Partners.

OrbitShift said it plans to leverage the funding to expand its customer base and continue building for its customers.

Prior to this round, OrbitShift had raised a pre-seed round of $1.5 million, bringing the total funds raised to $8.5 million.

“Our AI-first, domain-centric approach has already empowered over 10 global companies, significantly enhancing their sales and marketing engine. This investment will fuel our mission by expanding our product footprint and geographical reach,” said Saurabh Mishra, Co-founder, and CEO, OrbitShift.

Its platform empowers the entire sales ecosystem including sales, pre-sales, sales operations, and marketing teams with account insights/actions, RFP/RFI response generation, key account planning, and targeted pitch content generation, comprehensively driving a coordinated go-to-market (GTM) motion.

OrbitShift said it has reduced research and sales planning time by 40-50 per cent.

According to Alok Goyal, Partner at Stellaris Venture Partners, enterprise sales involve selling holistic solutions – a mix of products and services – with long sales cycles and multiple stakeholders.

“This complexity presents an opportunity to build a generational AI-native software business, and we believe OrbitShift is poised to do just that,” he added.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

BusinessTripura emerges fastest-growing economies in NE, attracts Rs 2,000 cr investment interest at Bengaluru conclave

NationalTripura emerges fastest-growing economies in NE, attracts Rs 2,000 cr investment interest at Bengaluru conclave

International'Only expert status, no right to conduct technical review': UK regulator responds to families over Air India crash probe

NationalUGC secretary Manish Joshi to be relieved; Shyama Rath to take charge

National'Only expert status, no right to conduct technical review': UK regulator responds to families over Air India crash probe

Business Realted Stories

Business4.05 lakh PNG connections gasified, not LPG: Petroleum Ministry

BusinessUltra Gas to invest Rs. 900 crores to expand LNG Infra amid West Asia crisis: MD, Maqsood Sheikh

BusinessNITI Aayog releases reports on Ease of Doing R&D​

BusinessTimely intervention cleared 90 pc cargo backlog amid Strait of Hormuz disruptions: Minister

BusinessKarnataka sets record in hydropower generation as KPCL produces 15,509 million units