- Briefing Your roundup of Asian tech and startup news that matter
In brief: Business management startup Ally raises $8m in Accel-led round
- Business execution management startup Ally has banked US$8 million in a series A round led by venture capital firm Accel Partners India, Livemint reported.
- US-based funds Founders Co-op and Vulcan Capital participated in the round, alongside former Tiger Global Management private equity chief Lee Fixel.
- Launched in 2018, the India and US-based startup created a product based on the objectives and key results framework, and boosts businesses’ performance “through alignment, agility, transparency, and focus to match the fast-paced needs of their evolving markets,” the company said.
- Ally looks to invest the fresh funds in scaling its product, engineering, sales, and marketing in both regions.
Editing by Jaclyn Teng
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