SaaS startup Bitscale secures its initial funding, with First Cheque leading the investment round.

SaaS startup Bitscale has secured its first funding round, led by India Quotient’s First Cheque and with contributions from Point One Capital, CRED founder Kunal Shah, Curefoods founder Ankit Nagori, 7 Square Ventures, and several others. The funds will be utilized to build a lean and robust team, enhance their product, and explore various go-to-market strategies.

Founded in July by Sanket Goyal, Abhinay Kumar, and Yash Sharma, Bitscale aims to develop a new type of user interface that enables sales and marketing professionals to automate their workflows, increasing their efficiency tenfold. The company envisions transforming the current chat-based AI interfaces like ChatGPT and Perplexity into a more intuitive, Excel-like UI. This innovative interface allows for the creation of complex AI-driven tools for tasks such as web scraping, prospecting, content generation, and LinkedIn searches. Based in Gurugram, Bitscale also assists in finding leads from communities, Google Maps, and over ten other data sources to retrieve emails and phone numbers. The Bitscale team is striving to provide an easy-to-use and cost-effective alternative to Clay, a US-based SaaS company.