SaaS platform Futwork raises $1 mn funding

Sales-as-a-service platform, Footwork announced that it has raised $1 million in its latest fundraising round. This round of funding was led by Blume Ventures and Simile Venture Partners. It also saw the participation of Silicon Valley-based Riverside Ventures and key angels such as Shivakumar Ganesan (Founder - Exotel) and Phanindra Sama (Founder - RedBus). Footwork was founded by Armaan Vananchal, Niranjan Nakhate, and Sri Ganapathy. All of them have rich and extensive experience in product, business, and sales. It offers its services to companies that are looking to scale their outbound tele-calling operations. After the successful fundraising round, its co-founder Niranjan Nakhate said: "The last one year of building Futwork has given us a great view into how we can help companies increase conversions and revenue, with tele-calling at the core. With this round, we aim to build more tools for our customers and to become the de facto black box solution for Indian enterprises to scale up their inside sales." The company further informed that the capital raised will be utilized to build product and grow the team to provide the best on-demand sales as a service engine for companies. Sajith Pai from Blume Ventures stated: "Any enterprise can set up and ramp up an inside sales operation, using Futwork’s platform to access a remote, distributed online sales team. With this new round they will get to invest further in their tech, sales, and operations, thereby supporting more enterprises and transforming more lives. Blume has been a proud believer in Futwork’s mission to transform inside sales."