SaaS startup Infilect raises $1.5M in Pre-Series A round

Date posted: Thursday 1 October 2020

SaaS-based retail visual intelligence startup Infilect has raised $1.5 million in pre-series A funding led by Mela Ventures and 1Crowd, with participation from The Chennai Angels (TCA). The company said it will use the funding to boost its sales and marketing. It will also further its R&D in Image Recognition (IR) for the retail industry, especially in areas like supply-chain optimisation, store personalisation, and category planning.

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