Get All Access for $5/mo

SmartKarrot Inc. Announces Extended Angel Round Fundraising Completion To The Tune Of $1 Mn The funds raised will be used to enhance the platform and further market acquisition activities

By Prabhjeet Bhatla

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Unsplash

Dallas-headquartered software company SmartKarrot announced to have recently received an additional $1 million for their subscription-driven go-to resource for digital-led enterprises and B2B businesses.

The funds raised from existing investors, promoters, and multiple individuals with the high-net-worth will be used to enhance the platform and further market acquisition activities.

Focused on customer retention and expansion, SmartKarrot provides organizations with the ability to combine customer intelligence, smart workflows, and automated actions. Customer success teams need to tread the fine line between onboarding, adoption, engagement, and reducing churn.

SmartKarrot enables achieving these outcomes using augmented intelligence (AI), hyper-personalization, and extensive automation, the company shared.

"Retaining and growing customer portfolios comprise many moving parts, data silos, and activities. SmartKarrot has been designed to balance the intelligence and automation needs to solve this very relevant and complex problem," remarked Prithwi Dasgupta, chief executive officer, and co-founder, SmartKarrot, Inc.

It also has an international presence that includes Toronto, Bengaluru, and Singapore.

Prabhjeet Bhatla

Former Staff

Starting a Business

This Serial Entrepreneur Sells 'Anti-Bitch Serum' That Keeps Customers Coming in 'All Day Long': 'I'm Like the Magic Eight Ball'

Jeni Castro, founder of Coffee Dose, explains how she brewed up a truly unique brand of coffee cafes.

Business News

The Most Downloaded News App in the U.S. May Have Published Dozens of Fake, AI-Written Stories

The stories were fake but had real-world consequences for the app's 50 million monthly users.

Marketing

How to Ensure Your B2B Marketing Messages Resonate With Your Audience

Discover strategies to overcome the "curse of knowledge" and find the ideal writing partner in the dynamic world of B2B communication. From simplifying technical jargon to fostering strong relationships, this article equips leaders with the tools to craft compelling messages that drive business success.

Career

Gen Z is Losing Faith In the College Degree — Here's 3 Reasons Why It's Still Important For Them

A college degree may not be essential for success but here are three crucial reasons you should encourage your Gen Z kids to still get one.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.

Money & Finance

How to Secure Unbiased Financial Advice — A Guide for Busy Entrepreneurs

The article highlights that business success requires hard work and execution, but true financial success needs unbiased advice. Traditional wealth-management models often have conflicts of interest.