SaaS startup Bitscale has secured its first funding round, led by India Quotient’s First Cheque. The round saw participation from notable investors including Point One Capital, Kunal Shah (founder of CRED), Ankit Nagori (founder of Curefoods), 7 Square Ventures, and Supplynote’s co-founders Harshit Mittal, Kumar Kushang, and Abhishek Verma. Other investors include Prakash Deep Maheshwari from Netflix and several others.
The newly acquired funds will be utilized by Bitscale to build a lean and strong team, enhance their product offerings, and explore various go-to-market (GTM) strategies.
Founded in July by Sanket Goyal, Abhinay Kumar, and Yash Sharma, Bitscale is developing a novel type of user interface (UI) aimed at sales and marketing professionals. This UI automates manual workflows, increasing efficiency by tenfold. According to the company, it reimagines the current chat-based UI used by AI tools like ChatGPT and Perplexity, transforming it into a more intuitive and scalable, Excel-like UI.
This innovative UI enables the creation of complex AI-driven tools for tasks such as web scraping, prospecting, content generation, and LinkedIn searches. Based in Gurugram, Bitscale also aids in sourcing leads from communities, Google Maps, and over ten other data sources to retrieve emails and phone numbers.
Bitscale aims to offer an easy-to-use and cost-effective alternative to Clay, a US-based SaaS company.
