Knowlarity raises 34 Crores from Sequoia Capital

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Knowlarity has raised Rs.34 crores in funding from Sequoia Capital. The funding is believed to be used to strengthen its R&D activities and expand marketing operations, to fuel growth. Further, after establishing its presence in India and Indonesia, Knowlarity now plans to extend to other international markets.

Ambarish Gupta, Co-founder, Knowlarity said, "SMEs in India are actively looking for the products we offer- Super Receptionist – the hosted office PBX allows an SME to have PBX without having to buy messy hardware in the office and Superfax – a fax to email service allows an SME to receive faxes in email. Knowlarity taps into this market to develop many innovative, inexpensive and hosted telephony based business products that are aimed specifically at SMEs."

Pallav Pandey, Co-founder, Knowlarity said, "Knowlarity has set benchmarks in telephony by providing hosted IVR services for a range of Indian enterprises with 99.9% reliability. We provide user friendly technology, enabling a customer to sign up online for a free demo for couple of days and purchase after using it."

Mohit Bhatnagar, managing director, Sequoia Capital said, "Knowlarity best represents the new wave of Indian Telecom 2.0 companies that are going to change the way people communicate in our Country. Cloud Telephony-based services in India are at an early stage and Knowlarity, has been able to build aggressive leadershipin this space."


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