SaaS Startup Bitscale Secures Maiden Funding Led by First Cheque

Bitscale, a promising SaaS startup, has successfully raised its first round of funding, spearheaded by India Quotient’s First Cheque. The funding round saw participation from Point One Capital, Kunal Shah (founder of CRED), Ankit Nagori (founder of Curefoods), 7 Square Ventures, Supplynote’s co-founders Harshit Mittal, Kumar Kushang, and Abhishek Verma, as well as Prakash Deep Maheshwari from Netflix, among others.
With the newly acquired funds, Bitscale plans to build a lean, strong team, enhance its product, and explore various go-to-market (GTM) strategies. Founded in July by Sanket Goyal, Abhinay Kumar, and Yash Sharma, Bitscale aims to revolutionize the user interface for sales and marketing professionals, allowing them to automate manual workflows and boost efficiency tenfold.
The company is transforming the traditional chat-based AI interfaces, such as ChatGPT and Perplexity, into a more intuitive and scalable Excel-like UI. This innovative approach enables the creation of complex AI-driven tools for tasks such as web scraping, prospecting, content generation, and LinkedIn searches. Based in Gurugram, Bitscale also assists in lead generation from communities, Google Maps, and over 10 other data sources to find emails and phone numbers.
Bitscale is positioning itself as a user-friendly and cost-effective alternative to the US-based SaaS company, Clay.