05 March 2024 – Y Combinator-backed Exly, formerly known as MyScoot, has successfully raised $6.2 million in its latest funding round. The round was spearheaded by Chiratae Ventures, with participation from existing investors Mayfield India and Venture Highway. Founded in 2018 by Suyash Sinha, Sidharth Rawat, and Akhil Tripathi, Exly specializes in providing essential business tools to streamline operations and boost productivity.
About Exly:
Exly offers a range of business tools, including course builders, appointment schedulers, marketing suites, CRM, and lead-capturing conversion tools. These tools are designed to cater to the needs of creators and solo entrepreneurs in various fields such as business coaching, fitness training, astrology, dance choreography, and digital marketing. With over 10,000 customers benefiting from its services, Exly aims to empower small businesses and individuals.
The $6.2 million funding injection, led by Chiratae Ventures, is earmarked for the enhancement of Exly’s product offerings and customer acquisition efforts. This strategic move positions Exly to expand its reach and provide even more robust solutions for its diverse customer base.
Conclusion:
Exly’s successful funding round underscores the growing demand for effective business tools tailored to the needs of individual entrepreneurs and creators. With a commitment to continuous improvement, Exly is poised to play a pivotal role in supporting small businesses in streamlining their operations and maximizing productivity. The backing from Chiratae Ventures, along with continued support from existing investors, sets the stage for Exly’s continued growth and impact in the business tools sector
