Our investment in Nexxio

At Malpani Ventures, we recognize the importance of building technology to solve real-world challenges. The global pandemic has acted as a catalyst for change, giving a realization among business owners of the role that technology plays in their operations.

Today, we're thrilled to announce a partnership that has the potential to reshape the landscape of Indian MSMEs. Malpani Ventures, building its B2B SaaS portfolio, has led a $375k pre-seed round in Nexxio, a B2B SaaS company digitizing MSMEs in India.

In a world driven by technological advancements, the intricacies of business operations cannot be understated. Nexxio, under Dhiraj Bhandari, is on a mission to change how Indian SME brands engage with their sales and distribution functions. This marks a stride forward in harnessing the power of digitization for higher business efficiency and growth.

Nexxio's platform embodies the essence of simplicity and effectiveness. It brings together a company's salesforce, distributors, dealers, and influencers onto a unified platform, granting them 24/7 real-time access to business operations and insights. By catering to the needs of MSMEs, Nexxio addresses a clear need – the need for a centralized hub that optimizes and automates sales and distribution processes.

 

One cannot overlook the profound impact Nexxio has already made in the market. Prominent names like Nilkamal, TTK Prestige, EagleCoats, Sonet Sanitarywares, ELICA Whirlpool, Servokon, Sturlite, Kaveri Tanks, and Sunflame, among others, have placed their trust in Nexxio. This trust underscores the real-world value that Nexxio brings to the table, enabling businesses to thrive in an increasingly competitive environment.

 

What lies behind Nexxio's success is its founder-market fit. Dhiraj's background in computer science, coupled with his tenure at Oracle spanning over a decade, underscores his deep-seated understanding of enterprise applications and their potential to transform businesses. Notably, Dhiraj's hands-on experience in running a family-owned PVC pipes manufacturing unit further cements his ability to bridge the gap between software innovation and real-world operational challenges.

 

We are excited about the transformation Nexxio is set to bring forth. The MSME industry is the backbone of India's economy, and empowering it with technology is not just a strategic or financial move, but a commitment to the growth of the nation.

 

If you are a brand owner or manufacturer ready to digitize your operations to:

Streamline sales and distribution

Improve productivity, and

Accelerate growth,

Learn more about Nexxio now!

 

We're elated to be part of Nexxio's journey and invite you to stay tuned for more updates as this visionary company continues to redefine the future of Indian MSMEs.




Leave a Reply

  
Your email address will not be published. Required fields are marked *