SingleInterface, a Gurugram-based hyperlocal marketing-to-commerce solutions firm, has announced securing $30 million in its first external funding round.
The investment was spearheaded by Asia Partners, a leading growth equity investment firm headquartered in Singapore, with participation from PayPal Ventures, the corporate venture arm of global payment giant PayPal.
Founded by Tarun Sobhani and Harish Bahl, SingleInterface specializes in integrating digital marketing, customer engagement, and ecommerce product suites tailored for multi-location enterprise brands.
Company Overview:
SingleInterface’s SaaS platform serves as a comprehensive solution for multi-location enterprise brands, offering seamless integration of digital marketing, customer engagement, and ecommerce functionalities.
The company’s mission revolves around empowering clients to drive revenue growth, enhance customer experiences, and gain valuable business insights across diverse locations.
With a focus on hyperlocal marketing strategies, SingleInterface aims to bridge the gap between offline and online customer journeys, facilitating growth for physical retail locations.
Funding Utilization:
The newly secured $30 million financing will bolster SingleInterface’s position in both the Asian and global markets.
The funds will primarily be allocated towards expanding the company’s hyperlocal marketing, engagement, and commerce product portfolio.
Additionally, SingleInterface intends to refine its advanced audience segmentation and personalized re-engagement features to further enhance customer satisfaction and drive revenue growth for its clients.
Leadership Statements:
Tarun Sobhani, Co-founder and CEO of SingleInterface, expressed confidence in the company’s suite of products, citing their proven ability to deliver substantial revenue growth for clients.
Sobhani emphasized SingleInterface’s dedication to empowering customers and providing them with the tools necessary to succeed in local market.
Oliver Rippel, Co-founder of Asia Partners, praised SingleInterface’s track record in fostering customer engagement and commerce for large enterprises.
Rippel highlighted the company’s success in integrating offline and online customer journeys to drive growth for physical retail locations, affirming SingleInterface’s position as a key player in the region.
Product Features and Clientele:
SingleInterface’s platform offers a range of features designed to simplify discovery, boost engagement, handle feedback, and ensure omnichannel experiences for clients.
The firm’s insights-driven approach helps businesses increase revenue while providing valuable data for each location.
Currently, SingleInterface serves over 400 multi-location brands across various industries, including food and beverage, retail, telecommunications, banking, and education, with a strong presence in Asia and the Middle East.
Conclusion:
With the backing of Asia Partners and PayPal Ventures, SingleInterface is poised to further solidify its position as a leader in hyperlocal marketing-to-commerce solutions.
The company’s innovative approach to integrating digital marketing, customer engagement, and ecommerce functionalities has garnered significant traction among multi-location enterprise brands, driving revenue growth and enhancing customer experiences across diverse markets.
As SingleInterface continues to expand its product portfolio and refine its offerings, it remains committed to empowering clients and enabling them to thrive locally and globally in an increasingly competitive landscape.
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