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SingleInterface, a SaaS startup offering tools to offline businesses to grow their revenues by leveraging the web, has raised $30 million in its maiden external fundraising round as the Singaporean startup seeks to expand its footprint internationally and improve products to make them more relevant to global brands. While being offline is still prominent for enterprises across major markets, including the U.S., Asia and Europe, businesses have started embracing online marketing strategies to attract more customers and increase their revenues. Nearly 67% of the world's population, or 5.4...

Industry executives view this as a notable uptick after the prolonged downturn in funding for technology ventures in India since 2021. While there is a considerable revival in large-size deals, the interest is largely in select good assets which have withstood post-pandemic challenges and continued to grow despite cutting down burn.

SingleInterface, a marketing software startup, was founded and incubated as part of Smile Group in 2015 by Tarun Sobhani and Harish Bahl. The latter is also the founder of Smile Group.

SingleInterface, which provides hyperlocal marketing-to-commerce software for storefronts, Thursday said it has raised $30 million (around Rs 250 crore) in its first ever external fundraising ......