# Futwork

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/futwork

- Industry: Outsourcing
- Headquarters: Mumbai, India
- Website: www.futwork.com
- Total disclosed funding: $3M
- Latest round: Series A (Sep 13, 2024)
- Investors on record: 3

## About

Based in Navi Mumbai, India, and founded in 2015 by Armaan Vananchal, Niranjan Nakhate and Sri Ganapathy, Wynaut Webventures Pvt Ltd, trading under the name Futwork, offers outbound tele-calling services to companies. In September 2024, Futwork raised INR 21 million in series A funding co-led by new investors Michael & Susan Dell Foundation and Artha Venture Fund, with participation from another new investor D2C Insider Angels, and an individual investor.

The company trains people to work as sales tele-callers and then they are made to work for different companies for use cases including lead qualification, product demos, session booking, and customer feedback. The company has a variable cost model, where the clients pay for output only. The clients of the company include Khatabook, Tata, Shyplite, Growth School, Upgrad, Meesho, Cashify, etc.

The company plans to use the September 2024 funding to expand its product and introduce AI-powered solutions for comprehensive customer communication through voice, chat, email, and WhatsApp.

## Funding rounds

- Series A, Sep 13, 2024, $2.5M — The Michael and Susan Dell Foundation, Artha Venture Partners
- Seed, Apr 12, 2021, $0.1M — Blume Ventures
- Seed, Jul 30, 2017, $0.3M — Blume Ventures
- Seed, May 2, 2016, $0.1M — Blume Ventures

## Investors

- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Seed
- The Michael and Susan Dell Foundation — Series A
- Artha Venture Partners (https://capitalatlas.ai/funds/artha-venture-partners) — Series A