Digital Marketing solutions company Intellemo has raised over 3 Cr in a seed round led by Inflection Point Ventures.
The round also saw participation from Kunal Shah, Founder, Cred, Soonicorn LLP, Rahool Sureka & Saurabh Aggarwal, Co-Founders of Fitso and Amit Gupta, Co-Founder of Badri Ecofibers. The funds raised will be utilised primarily to expand the tech team, scaling video ads tech to provide instant landing pages, and integrate among the other ad platforms.
Mitesh Shah, Co-founder, Inflection Point Ventures says, ”We are living in a hyper digital world where it is a necessity for every company irrespective of their size to be discovered online and promote their services and product to reach their customers.
Intemello is solving this by taking the SaaS route as it becomes cost friendly for small and medium businesses. Companies who have smaller budgets allocated to marketing and ads can now utilise a SaaS service without feeling the extra pressure. As more SMEs go digital, we see this market growing and exploding. At IPV, we back businesses who are able to see ahead of the curve and can deliver on their vision.”
Saurabh Gupta, Founder & CEO, Intellemo, “New start-ups and businesses need marketing solutions that are easy to understand, quick to deploy and perform at par with bigger companies with resources. But current solutions are not capable of meeting this upcoming demand at scale. It can only be satisfied if readymade campaigns are crafted beforehand, sold as a product in an online e-commerce marketplace and delivered instantly on demand.”