SaaS startup Bitscale has announced the successful closure of its maiden funding round, led by India Quotient’s First Cheque. This funding round also saw participation from Point One Capital, CRED’s founder Kunal Shah, Curefoods’ founder Ankit Nagori, 7 Square Ventures, and Supplynote’s co-founders Harshit Mittal, Kumar Kushang, and Abhishek Verma. Additional investors included Prakash Deep Maheshwari from Netflix and several other notable backers.
With the new influx of funds, Bitscale aims to build a lean and robust team, enhance its product, and explore various go-to-market (GTM) strategies. The funding will facilitate the startup’s mission to revolutionize the user interface (UI) for sales and marketing professionals by automating manual workflows, thereby increasing their effectiveness tenfold.
Launched in July by Sanket Goyal, Abhinay Kumar, and Yash Sharma, Bitscale is developing a novel type of UI aimed at transforming the current chat-based UI of AI platforms like ChatGPT and Perplexity into a more intuitive and scalable, Excel-like UI. This innovative UI is designed to create complex AI-driven tools for web scraping, prospecting, content generation, and LinkedIn searches.
Based out of Gurugram, Bitscale also offers solutions for finding leads from various sources including communities, Google Maps, and over ten other data sources to obtain emails and phone numbers. The startup is positioning itself as an easy-to-use and cost-effective alternative to Clay, a US-based SaaS company.
Sanket Goyal, one of the co-founders of Bitscale, shared the company’s vision: “We are reimagining the current chat-based UI of AI into a more intuitive and scalable, Excel-like UI. Our goal is to make sales and marketing professionals 10X more effective by automating their manual workflows.”
Abhinay Kumar, co-founder of Bitscale, added, “With this funding, we are excited to enhance our product and build a strong team that will help us explore various GTM strategies.”
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