Serosoft, a provider of business-to-business SaaS products, has secured funding of Rs 30 crore from SIDBI Venture Capital Limited.
Serosoft is an enterprise resource planning (ERP) cum student information system (SIS) which helps businesses and institutions in automating and managing all aspects of campus operations, administration, and educational requirements. Better communication between students, professors, parents, and institute management is ensured via the platform.
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Serosoft intends to use the funds to create new features for its platform, accelerate worldwide growth throughout North America, Europe, and Australia, and expand its team with experts in the ed-tech industry.
The Indore-based business, which is a member of the Hindustan Group of Companies, states that it serves more than 300 educational customers in 20 different nations. In the next three to five years, it hopes to onboard 1,000 clients and claims to have trained 700K educators.
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