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BANGALORE, India, March 15, 2023 /PRNewswire/ -- Capillary Technologies, a customer loyalty SaaS platform, has been named a Leader in 'The Forrester Wave: Loyalty Technology Solutions, Q1 2023'
Capillary Technologies' operating revenue grew 42% to INR 163.3 Cr in FY22 from INR 114.9 Cr in FY21 but the startup posted loss.
![[Funding Galore] From Signzy To FourKites — $64 Mn Raised By Indian Startups This Week - Vimarsana News](https://inc42.com/wp-content/uploads/2022/10/october-funding-social.png)
This week, the Indian startup ecosystem has managed to raise $64 Mn across 18 deals, a 66.6% drop from $192 Mn that was raised last week
Sameer Garde will be leading Capillary Technologies as its CEO after overtaking responsibilities from Capillary’s cofounder Aneesh Reddy.
The Bengaluru-based company will file draft papers with capital markets regulator Securities and Exchange Board of India (SEBI) on Thursday or Friday.