Get All Access for $5/mo

Sales-as-a-service platform Futwork Raises $1 million With the fresh fund, the company aims to build more tools for our customers and to become the de facto black box solution for Indian enterprises to scale up their inside sales

By Akshit Pushkarna

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Armaan Vananchal, Niranjan Nakhate and Sri Ganapathy

Sales-as-a-service platform Futwork on Tuesday announced a fundraise of $1 million. The funding round was led by venture capitalists Blume Ventures and Simile Venture Partners. The funding round also saw participation from Silicon Valley-based Riverside Ventures and angel investors such as Shivakumar Ganesan, co-founder, Exotel, and Phanindra Sama, founder, RedBus.

Futwork enables businesses to set up and scale up their outbound calling teams at zero fixed costs. The startup helps companies set up distributed tele-calling teams' on-demand. With the fresh round of funding, the company is aiming to build their products further and further expand their team. The company will focus on enterprise customers and large outbound calling use cases moving forth.

Futwork, formerly known as Frapp, was founded by Armaan Vananchal, Niranjan Nakhate and Sri Ganapathy, in 2015 and is headquartered in Mumbai. On the fund raise, Niranjan Nakhate, Cofounder, Futwork, said, "With this round, we aim to build more tools for our customers and to become the de facto black box solution for Indian enterprises to scale up their inside sales."

Sajith Pai, Director, Blume Ventures, commented, "Blume has been a proud believer in Futwork's mission to transform inside sales. We continue to believe in that mission, and are proud to be a part of the new round, furthering the mission."

Akshit Pushkarna

Features Writer

Growing a Business

The Top 5 AI Tools That Can Revolutionize Your Workflow and Boost Productivity

Discover the top 5 AI tools for marketing and content creation that every marketer needs to know.

Business News

Jake Paul Says He's 'Scared' to Fight Mike Tyson, But This Mindset Hack Helps Him 'Embrace' Fear and Make Millions: 'Let It Fuel You'

The social media star and "W" founder spoke to Entrepreneur about his latest ventures in boxing and business.

Science & Technology

No More ChatGPT? Here's Why Small Language Models Are Stealing the AI Spotlight

Entrepreneurs can leverage this growing tech to create innovative, efficient and targeted AI solutions.

Business News

How to Build a Successful Startup, According to an Investor Who Made Early Bets on Twitter, Lyft, and Twitch

He's found a few patterns after nearly two decades of investing in startups.


10 Effective Growth Marketing Hacks and Strategies for Your Startup

Working at a startup can feel like building a plane while you're trying to take off. Use these ten marketing tips to effectively grow and sustain your startup.