Gurugram-based SaaS startup O4S and Bengaluru-based online cotton menswear brand Northmist have secured funding.
O4S raises $2.1m from Venture Highway
The startup will use the funding to strengthen its workforce, accelerate client acquisition, and build technology infrastructure across industries within India.
O4S, operated by Evato Technology Pvt. Ltd, last raised a seed investment of $400,000 in 2017. “In the past one year, we have tracked over 500 million unique products across 100 thousand retailers in general trade,” Divay Kumar, CEO, O4S, said.
Northmist bags angel funding
The round saw participation from Sanjay Koul, Managing Director and Chairman of a top US company; Birju Gala, CEO of Zibo Paper Tech; Somendra Biswal, Head of Corporate Affairs – Sahi Export; and Srinivasan Sarangpani, Director of Supply Chain at a US company.
Northmist plans to use the funds to launch a new T-shirt collection in August, and get into womenswear by January next year.