A martech startup in Bengaluru named Hypergro.ai has secured Rs. 7 crore in seed funding. This funding round was headed by Silverneedle Ventures, with participation from Huddle, TDV Partners, HME Ventures, Dholakia Ventures, The Forum for Innovation Incubation Research and Entrepreneurship (FiiRE), and angel investors like Arjun Vaidya, Ankit Kedia, and Rajesh Sawhney.
The money will be used by the martech company to recruit top talent in fields like AI and machine learning, technology, product, sales, and marketing. Additionally, as it sets its sights on new markets, the company is prepared to make its cutting-edge solutions accessible to a wider range of businesses.
Hypergro.ai claims itself as a company dedicated to assisting brands in streamlining their marketing initiatives and providing an affordable solution for companies.