Hiver, co-founded by Nitesh Nandy ('06) and Niraj Ranjan ('02), raises $22M in Series B round
YourStory (March 7, 2022)
[Funding alert] Hiver raises $22M in Series B round from K1 Capital, others
Photo (L to R): Nitesh Nandy ('06) and Niraj Ranjan ('02)
SaaS startup Hiver plans to use the freshly raised capital to accelerate marketing and sales, and hire people in the tech and other verticals.
Hiver, a software as a service (SaaS) startup, has raised $22 million in Series B round from K1 Capital. Existing investors including Kalaari Capital, Kae Capital, and AngelList have also participated in the round, according to a release shared by the company.
SaaS startup Hiver plans to use the freshly raised capital to accelerate marketing and sales, and hire people in the tech and other verticals.
Started in 2012 by IIT-Kharagpur graduates Niraj and Nitish Nandy, Hiver is a software startup, which works with firms that primarily use emails for servicing their customers.
"If there is a company, which employees 25-500 people, then they would have an email id where the company would be getting a lot of queries. Most businesses still rely on email for customer service and customer communication because email is very strong for many reasons. We make it really simple for companies to handle their customer communication by email. In addition to making it simple, we provide a lot of activities to automate the process," says Niraj. (Read More) (Hiver website)