Salesken raises $8 mn led by Sequoia India

New Delhi, Mar 5 () Tech firm Salesken on Thursday said it has raised USD 8 million in series A funding led by Sequoia India.

"The funding round was led by Sequoia India and also featured a secondary with investors such as Unitus Ventures and Michael and Susan Dell Foundation making partial exit," a statement said.

The transaction was facilitated by Masterkey Holdings, it added.

The funds will be used for further development of Salesken's artificial intelligence-based conversation intelligence platform (Salesken.ai) and for expansion across the Asia Pacific and North America markets, a statement said.

Salesken helps companies with real-time intelligence during their sales conversations to help them win more deals. Sales teams using Salesken.ai receive intelligence on various aspects of the sales pitch, from lead qualification to navigating pricing discussions. They can also gauge the sentiments of their customers during the conversation.

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* * *Callido Learning raises seed funding from Education Catalyst Fund*

Edu-tech firm Callido Learning on Thursday said it has raised seed funding from Education Catalyst Fund (ECF).

While the amount of funding raised was not disclosed, the company said the proceeds will be used to strengthen the technology underpinning its products, fuel growth for its recently launched skills assessment and launch its first retail offering.

In India, Callido counts schools such as The Shri Ram School, Shiv Nadar Schools, Cathedral & John Connon School, and The Dhirubhai Ambani International School amongst its clients. Internationally, Callido works with schools in 18 countries.

"We intend to use the funds for product upgrades and to scale our presence in India and overseas. We also plan to foray into the B2C segment," Sriram Subramanian, CEO at Callido Learning, said.

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*TCS HOBS helps Airtel streamline product portfolio*

IT services major Tata Consultancy Services on Thursday said it has implemented its HOBS Product Portfolio Management (PPM) solution for Airtel to help the telecom giant to create personalised offers and make them available in the market instantly.

"Airtel partnered with TCS to implement a single enterprise-wide product catalog for all marketing and sales channels in India. TCS HOBS PPM has streamlined the company's product lifecycle processes, rationalizing its large product portfolio by 80 per cent," a statement said.

It empowers Airtel's business teams to manage the product portfolio on their own, and significantly automates new product rollouts across business and IT operations, eliminating inefficiencies and reducing time to market by 90 per cent, it added. SR SR MRMR
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(This story has not been edited by Business Insider and is auto-generated from a syndicated feed we subscribe to.)

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