Peel-Works Secures $2M in Series A Funding

Peel-Works, a Mumbai, India-based provider of salesforce solutions, secured $2m in Series A funding.

Backers included Inventus Capital Partners and IDG Ventures India. In conjunction with the funding, Parag Dhol of Inventus and Karan Mohla of IDG Ventures joined Peel-Works’ board of directors.

The company intends to use the funds to expand its existing offerings, hire senior management and ramp up technology and product development, as well as to grow in global markets.

Set up in 2011 by Sachin Chhabra, CEO, Peel-Works provides SaaS and big-data analytics solutions enabling salesforce. It offers SaaS based product 9Yards along with big-data analytics platform Genius. This product platform, which organizes information, computes performance based ratings and incentives and uses analytics to do predictive modeling and generate recommendations around promotions, skill and competency, has been used by large and medium-size companies in FMCG, telecom, healthcare and BFSI sectors that conduct their business using large indirect sales forces.

FinSMEs

28/07/2014

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