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Exly Secures $6.2 Million Funding Round Led by Chiratae Ventures to Empower Knowledge Entrepreneurs

Exly, formerly known as MyScoot, a leading business tools provider catering to the creator economy, has successfully concluded a USD 6.2 million funding round led by Chiratae Ventures. Mayfield India and Venture Highway also participated in the round, highlighting the industry's confidence in Exly's vision and potential.

 

The startup intends to utilize the raised funds for enhancing product development, expanding customer acquisition efforts, and empowering entrepreneurs to optimize their earnings potential. This funding round follows a USD 1.8 million seed funding round previously secured by the Y Combinator-backed startup.

 

Suyash Sinha, CEO of Exly, emphasized the challenges faced by knowledge entrepreneurs in managing their businesses efficiently, stating, "Whether you're kickstarting or expanding your knowledge business, you are currently required to stitch together 10+ tools and products to be able to manage your business instead of focusing on what's most important - sharing your knowledge and adding value to your customers! Our goal is to become the one-stop solution for all their needs and empower our customers to 10X their earnings on autopilot."

 

Founded in 2018 by Suyash Sinha, Sidharth Rawat, and Akhil Tripathi, Exly offers a comprehensive suite of business tools designed to enhance productivity and streamline operations for its clients. These tools encompass lead capture conversion tools, appointment scheduling, marketing suites, course builders, and customer relationship management (CRM) solutions.

 

Exly's platform caters to a diverse range of creators and solo-entrepreneurs, including digital marketers, dance choreographers, astrologers, business coaches, and fitness experts. With a user base exceeding 10,000 customers, Exly has established itself as a trusted ally for knowledge entrepreneurs seeking to maximize their impact and profitability.

 

Mandeep Julka, Vice President at Chiratae Ventures, commended Exly's innovative approach to empowering knowledge entrepreneurs in today's digital landscape, stating, "Exly is at the forefront of revolutionizing how Knowledge Entrepreneurs operate and thrive in today's digital landscape. We recognize the evolving needs of knowledge businesses and believe in empowering entrepreneurs with the tools they need for success, supporting them every step of the way in their growth journey.



 

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