San Francisco-based SaaS startup Slintel has introduced that it has raised $1.five Mn in seed funding. The funding has reportedly been led with the aid of using Stellaris Ventures with participation from Accel Partners, Engage.social founder Anand Jagannathan and Helion Ventures’ senior dealing with director Ashish Gupta.

The agency plans to apply the finances to develop its very own advertising and income operations, which includes a few key income hires withinside the US. The agency has graduated from tech accelerator GSF’s deeptech cohort in December 2018.

Founded in 2016 with the aid of using Deepak Anchala, Rahul Bhattacharya and Ranjana TN, Slintel gives predictive income insights to B2B tech and software program product corporations and focuses in large part at the US marketplace, given the bigger addressable base in phrases of tech businesses.

“Every software company requires a way to prioritize their sales and marketing efforts. We were impressed by the roster of clients the company has – from startups to Fortune 500 corporations. Slintel is a powerful and necessary tool in any VP sales / marketing arsenal,” said Prayank Swaroop, Partner at Accel.

But the agency does maximum improvement at its Bengaluru centre. It tracks sixteen Mn clients and 40K software program products, providing insights via its marketplace evaluation to marketers.

However, as Slintel attempts to awareness at the US marketplace whilst growing in India, this highlights one of the primary problems with India’s SaaS industry.

Despite unicorn degree valuations, SaaS startups which include Zoho, Freshworks, Druva and Icertis are counting on customers outdoor India and worldwide income for his or her commercial enterprise, despite the fact that they constructed the goods in India.

Speaking to Inc42 approximately demanding situations in promoting SaaS in India, Icertis CEO Samir Bodas lately stated that one element that ought to extrade in India is the law and the method of doing commercial enterprise in India, specially for a agency of its length or maybe large companies.

Most lately, a panel dialogue on deeptech and employer tech environment highlighted mind of numerous gamers of the industry. Many of the panellists stated they see no institutional aid for the gamers withinside the deeptech sector. Ajay Agrawal, cofounder and CEO, Sirion Labs in addition brought that deeptech hasn’t been a number one awareness place for investments either, who’ve focussed in large part on ecommerce, fintech and customer services.