SaaS startup SingleInterface has raised $30 million in its first-ever external fundraising round. The company plans to expand its global presence and enhance its products.
SingleInterface, the provider of hyperlocal marketing-to-commerce software, announced securing $30 million in its first-ever external fundraising round led by Asia Partners, with PayPal Ventures also participating in the round.
According to the press release, the funding will power SingleInterface to pursue three main objectives: strengthening its leadership in the Asian market, expanding its global presence, and enhancing its range of hyperlocal marketing, engagement, and commerce products. This includes focusing on advanced audience segmentation and personalized re-engagement strategies.
Tarun Sobhani, Co-founder and CEO of SingleInterface, said: “Our suite of products has proven to deliver remarkable revenue growth for our clients, accounting in some cases for 15-20% of their revenues. We are committed to further investing in building our portfolio of AI-driven marketing and commerce-enabling products. We are on a mission to empower our customers to drive further growth, enhance the customer experience, and provide rich business insights and context across their different locations, enabling them to grow and win locally.”
Harish Bahl, Co-founder and Chairman of SingleInterface said, “With more than 400 million local businesses worldwide, SingleInterface has immense untapped potential in the global market. With this funding, we are poised to tap into new markets and further solidify our position as a global leader in enabling marketing and commerce capabilities for multi-location enterprise brands through our product suite.”
Oliver Rippel, Co-founder of Asia Partners shared: “We are thrilled to be partnering with Tarun, Harish, and the SingleInterface team to support their growth ambitions in India and globally…SingleInterface has shown an exceptional track record of fostering customer engagement and commerce for large enterprises over the last several years and has firmly established itself as a prominent player in the region, successfully integrating offline and online customer journeys to drive growth for physical retail locations.”
The company is committed to investing further in developing its portfolio of AI-driven marketing and commerce-enabling products tailored for multi-location brands.
About SingleInterface
Founded by Tarun Sobhani and Harish Bahl, SingleInterface is a hyperlocal marketing and commerce platform serving multi-location brands, that focuses on fueling growth and success at the local level. The platform boosts discovery, drives customer engagement, handles feedback, and provides seamless omnichannel experiences, enabling revenue expansion through actionable insights tailored to each business location.
The company serves over 400 multi-location brands across industries including food and beverage, retail, automotive, telecommunications, banking, and education. Its customer base extends across Asia and the Middle East.
