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Mumbai-based Futwork raised Rs 20.9 crore in a Series A funding round led by the Michael & Susan Dell Foundation to enhance its sales outreach platform.

PRIVATESep 12, 2024

Amount Raised

₹209 Million

Round Type

Series A

MumbaiCommerce and ShoppingSoftware

Investors

Abhishek GoyalD2 C Insider AngelsSci BureauxSimile CapitalArtha VenturesMichael & Susan Dell Foundation

Description

Futwork has raised Rs 20.9 crore in a Series A funding round led by the Michael & Susan Dell Foundation, with participation from Artha Ventures, Simile Capital, and others. This funding will support the startup's efforts to expand its outbound calling solutions.

Quick answer

Futwork raised ₹209 Million in a Series A round, dated September 12, 2024. Investors: Abhishek Goyal, D2 C Insider Angels, Sci Bureaux, Simile Capital, Artha Ventures and Michael & Susan Dell Foundation. Futwork is based in Mumbai, Maharashtra, India.

How much did Futwork raise?
Futwork raised ₹209 Million in a Series A round on September 12, 2024.
Who invested in Futwork?
Abhishek Goyal, D2 C Insider Angels, Sci Bureaux, Simile Capital, Artha Ventures and Michael & Susan Dell Foundation are named as investors in this round.
What does Futwork do?
Futwork enables businesses to set up and scale up their outbound calling teams at 0 fixed costs.
Where is Futwork based and how big is it?
Futwork is based in Mumbai, Maharashtra, India.
Who are the decision-makers at Futwork?
Fundz holds 1 contact at Futwork. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Commerce and Shopping and Software around the same time

Companies in the same sectors as Futwork that raised within 45 days of this round, from Fundz verified event records.

  • Purplle raised $178M on October 14, 2024.
  • Beeline Holdings raised $56M on October 7, 2024.
  • TriLite raised $22M (Series A) on September 11, 2024.
  • Agrovision raised $100M on August 1, 2024.
  • Optimove raised $38M on July 29, 2024.
  • Tookey.io raised $375K (Pre-Seed) on October 25, 2024.

Who to call at Futwork, and when

A new round usually means Futwork is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Futwork raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Futwork, from your own LinkedIn network

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Company Information

Company

Futwork

Location

Mumbai, Maharashtra, India

About

Futwork enables businesses to set up and scale up their outbound calling teams at 0 fixed costs. We help companies to stay lean and save over 50% of their outbound calling expenditures by using our platform for use cases such as lead qualification, user reactivation, process drop-off management amongst others. Futwork is reimagining outbound tele-calling operations by driving output based pricing, using technology to train and deploy tele-callers from over 100 cities. Partners across industries such as Edtech, Fintech, SMB digitization, Logistics among others use Futwork's on-demand outbound calling solution for pre-sales, sales, and operational requirements.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Futwork raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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