Nektar.ai raises $6 Mn in seed round

SaaS-based B2B sales productivity startup, Nektar.ai has raised $6 million in its final tranche of seed round funding led by B Capital Group, 3One4 Capital and Nexus Venture Partners.

Earlier in November 2020, the startup had raised $2.15 million as the first tranche of its seed round of funding led by Nexus Ventures Partners.

The funds will be used to ramp up product development and hire talent for its core team across product, engineering teams said the company in a press release.

Founded by Abhijeet Vijayvergiya and Aravind Ravi Sulekha, Nektar helps capture buyer/seller data scattered across sources such as email, calendar, web conference and communication tools like Slack, CRM, LinkedIn and WhatsApp to provide insights on leading indicators.

Over the past few months, investments in artificial intelligence-enabled startups have been soaring up. In July, fitness training app Insane AI raised  $870K in its seed round led by early-stage ventures capital fund Pi Ventures. Murf.ai raised $1.5 million in a seed round led by Elevation Capital in the same month.