Loopin, a US-based SaaS startup framing a calendar-based marketplace managing productivity, has raised US$ 820K in a Seed funding round led by Venture Highway on 28 July 2021.
Investors: The Seed investment round featured Venture Highway, a Delhi-based VC firm, as the lead investor with participation from First Cheque.
Purpose of the funding: The startup seeks to deploy the proceeds from the investment round towards further developing its product and expanding the team. Its product is presently a beta version with certain corporations. It plans to launch its main product by the end of 2021.
About Loopin
Established in 2021 by Anurag Verma, Parth Pareek, and Mehul Dudi, Loopin is structuring a one-stop platform to help executives manage their day efficiently and take charge of their productivity. Loopin transforms the simple calendar into a productivity tool that enables clients to systematically plan their workday by automating activities, time limits, check-ups, notes, and solid conclusions from conferences that provide effective results.
What the Founder has to say: “As employees dispensed across different geographies blur the company boundaries and professionals embrace a more flexible work schedule; focusing on production rather than time invested becomes the need of the hour. Loopin brings a reliable solution to this challenge by offering a service to make our client’s workday productive. It is delightful to receive financial support to execute our strategies. The faith and trust showcased by our investors in us is a testimony that our product has huge demand in the market.”- Anurag Varma, Co-Founder and CEO of Loopin. “A positive early response on our beta version platform and how it has aided individuals and teams to increase their productivity has boosted our confidence. We hope to release our product in a short span of time and cater to each professional’s workflow.”- Parth Pareek, Co-Founder of Loopin.
What the Investors have to say: “I seek to abide by my calendar. For a minimum of half of my calendar slots, I contemplate the context, former action item, and essence for the present conference. For individuals where time is inventory, calendars can stimulate pivotal productivity and return time in our pocket if given a second thought. Loopin aspires to implement the same, give back time by redefining the clients workday.”- Priya Mohan, Startup Sensei at Venture Highway.
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