SCOPE, the exclusive Invite Only networking platform for the start-up ecosystem, announced its pivotal role in securing substantial funding for start-ups, totaling approximately $70 million during the October to December 2023 quarter.
The funding initiatives, orchestrated through SCOPE App's dynamic networking platform, have empowered innovative ventures to scale and realise their potential.
The company asserted that its app played a crucial role in securing seed funding for various startups, notably aiding Wallex, a fintech company, in securing $2.5 million. This involvement attracted significant investors like Strata and facilitated a strategic partnership with Intel.
SCOPE aided Bruder, an emerging start-up, in securing an impressive $6 million in seed funding. This financial backing came from investors Veronotre, Escala, and Strata, underscoring SCOPE's unwavering commitment to supporting a diverse range of startups, the company added.
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Appalla Saikiran, founder and CEO of SCOPE, expressed, "Through the dynamic networking prowess of SCOPE App, we are proud to announce our instrumental role in steering over $70 million in funding to diverse and visionary start-ups. This achievement highlights our dedication to empowering emerging ventures, enabling them to scale and realise their full potential.
The platform has partnered with 20k+ Angel Investors, 7k+ VC’s, 200 Family Offices, and facilitation of funding for 400+ start-ups, it claimed.
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