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Peel-Works raises $2million

Peel-works enables companies to keep tabs on people who close the sales cycle to check whether they are performing optimally

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BS Reporter
Mumbai-based big data analytics firm Peel-Works has secured a $2-million investment from IDG Ventures India and Inventus Capital Partners, according to some news reports. The company had previously raised $1 million from Indian Angel Network back in 2011. Peel-works enables companies to keep tabs on people who close the sales cycle to check whether they are performing optimally. The start-up's cloud-based solution, called 9Yards, gives companies analytics data on nine parameters to measure the performance of their sales staff. The company plans to use the money to develop its product and analytics platform, strengthen its management team and enter new overseas markets like the United States and South East Asia in the next 6-12 months. Founded in September 2010 by Sachin Chhabra, Peel-Works' salesforce management solution provides companies analytics data on the performance of their salesforce across nine parameters like recruiting, training, development and segmentation of employee performance.

AppDra raises $1.5 million

Bangalore & US based app development startup Appdra Software Solutions has raised $1.5 million in Series A round of funding through US based crowd funding platform Becovillage. The investors in this round included John Harris, founder of consulting firm, International Barter-Business.

SocialCops raises $320,000

Technology data company Social Cops has raised $320,000 in seed funding from 500Startups, Google India MD Rajan Anandan and Frost and Sullivan APAC MD Manoj Menon. SocialCops uses mobile phones to source ground-level data from citizens and non-profit organisations. It provides mobile apps for citizens to report civic problems in their locality like poor streetlighting, potholes and garbage dumps by sharing their location and uploading photographs.

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First Published: Aug 04 2014 | 12:04 AM IST

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