US based HEXA Global Ventures invests in Almond Solutions
Almond Solutions, an emerging customer engagement tech platform from India, has raised an undisclosed amount in its seed round funding from HEXA Global Ventures, a Texas (US) based investment firm known for extending its support to growing businesses and accelerating early-stage companies to achieve success.
Almond Solutions cater to brands, corporate, media, and not-for-profit organizations with its innovative customer engagement tech platform. The company aims to deploy the investment fund for product innovation and business expansion in new verticals and markets and has already registered over 70% percent YOY growth.
Almond has launched many platforms like Vingage and Virtex in the previous year. It also added Vouch - a digital sampling platform and VGift, a loyalty and customer reward(s) solution, to its platform this year.
With Almond, organizations can now educate, engage and empower their customers in exciting new ways with the focus on ROI.
Elaborating about the funding in Almond Solutions, Luis Rivera, Managing Director of HEXA Global Ventures said, “By building an engagement tech platform and working with organizations to address business challenges, Almond has created a strong presence in India. Now, the timing couldn’t be better for their international expansion. We are extremely happy and excited for the team to join the HEXA family.”
Almond is now planning to leverage the newly raised fund to take its S/PaaS services to the next level by scaling up operations, boosting product innovation, and investing in team expansion to help achieve its mission sales of $100mn within the next couple of years.
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