Zluri, a startup that helps mid-sized companies manage their software as a service (SaaS) applications stack, has raised seed funding of $2 million from Endiya Partners and Kalaari Capital, per an announcement.
Zluri is Kalaari’s first investment from its new fund.
The funding will help the startup expand sales, marketing, and engineering functions and build integrations and no-code workflow automation for SaaS applications, it said in a statement.
“With global expenditure on SaaS applications exceeding $100 billion, we believe SaaS operations management will be a very large opportunity,” said Kalaari Capital MD Vani Kola.
Founded by Sethu Meenakshisundaram, Ritish Reddy, and Chaithanya Yambari, Zluri’s solution helps companies manage their ever-growing subscription-based software stack, also knows as tech or SaaS stack.
INDIA DEAL MONITOR
Here are prominent venture capital transactions in India from January 12-17, 2021.