xto10x Technologies, a scaling platform for growth-stage startups, has raised $25 million in its Series A round led by Binny Bansal. The round also saw participation from 28 founders and senior leaders from the startup ecosystem in India and Southeast Asia.
The funds raised will be primarily utilised to ramp up three core activities – learning programs, software tools and operating capabilities – which will enable growth-stage startups to accelerate their scale-up journeys, said xtox10 Technologies in a press release.
Founded in 2018 by Binny Bansal, Saikiran Krishnamurthy, and Neeraj Aggarwal, xto10x offers learning programs, operating services and SaaS-based solutions for startups.
The firm claims that over 100 startups use xto10x’s software tools and it has worked with more than 200 growth-stage startups across India and Southeast Asia in the past two years.
In June 2021, xto10x had acquired SaaS-based HR-tech startup, Dockabl to expand their employee experience platform.