# movingDneedle Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/movingdneedle-pvt

- Industry: Software
- Headquarters: Hyderabad, India
- Website: www.movingdneedle.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Jun 1, 2016)
- Investors on record: 1

## About

movingDneedle Pvt. Ltd. is a dynamic company specializing in B2B sales solutions designed to optimize lead generation and enhance client engagement through innovative marketing strategies and targeted outreach.movingDneedle Pvt. Ltd. operates in Hyderabad, India, providing innovative B2B sales solutions. Founded by Alpesh Kumar, the company has engaged in multiple funding rounds, with its most recent deal occurring in August 2021, where it raised INR 10.00 million from SRI Capital. The company is currently valued at INR 50.00 million post-money, reflecting its growth trajectory in the sales solutions sector. Sanju Pillai serves as the CEO.The company provides a range of B2B sales solutions aimed at generating Sales Qualified Meetings (SQMs). Their offerings encompass Sales Meeting Setup, Account Based Marketing (ABM) Services, B2B Data Services, and Digital Marketing. These services are tailored to connect businesses with key decision-makers and enhance sales processes across diverse industries, including software, healthcare, and eProcurement. movingDneedle’s strategic approach aims to facilitate qualified lead generation, ensuring clients achieve successful sales conversions.In the most recent fiscal year of 2023, movingDneedle Pvt. Ltd. reported a revenue of INR 3,834,229.70 and an EBITDA of INR 1,907,746.30. The company's financial model revolves around partnerships and structured service agreements, allowing clients to engage flexibly and efficiently in B2B sales initiatives.MovingDneedle Pvt. Ltd. is focused on launching new products aimed at enhancing its existing service offerings. The recent funding of INR 10.00 million will be strategically utilized to expand into new markets, particularly in the USA and EU regions, by the end of 2023. This expansion is part of their long-term strategy to enhance market penetration and drive revenue growth, as demonstrated in their previous initiatives.

## Funding rounds

- Seed, Jun 1, 2016, $0.1M — SRI Capital

## Investors

- SRI Capital (https://capitalatlas.ai/funds/sri-capital) — Seed