CRMNEXT, a startup that provides enterprise solutions for banks and financial services companies, has raised $16 million in a funding round led by Avataar Ventures and Ascent Capital. The company will use the funds to double its workforce and expand globally.
“At a time when most banking centers were closed, we helped our customers smoothly scale their operations while also investing in being ready for the new normal including virtual relationship management, and newer AI driven customer engagement models,” said Nishant Singh, chief executive officer and founder of CRMNEXT about the Series B funding.
CRMNEXT has a team of about

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