Indian software-as-a-service (SaaS) startup, Zocket has raised $3 million in a funding round led by Kalaari Capital.
The funding round also saw participation from an early-stage investor, Kettleborough Venture Capital, and angel investor Jasminder Singh Gulati, founder NowFloats.
With the raised capital, Zocket plans to launch its full-fledged AdTech solution to small and midsize businesses.
The company is planning to hire more talent in the next 12 months. “We are planning to hire people for the product development team, data scientists and for the engineering and product supply team,” said Karthik Venkateswaran, cofounder and chief executive officer (CEO) of Zocket to ET
Founded in 2021 by Venkateswaran, Nandha Kumar Ravi, Sundar Natesan, and Mukund Srivathsan, Zocket is also planning to take its solution to the global SMBs and capture a large chunk of the $700 billion markets and more global ad spend market.
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