Million Dollar Startup; Gallabox Decoded- SCRIPT
- jasper ji
- Apr 11, 2023
- 3 min read
Updated: Jul 23, 2023
Introducing Gallabox, The no-code conversational commerce platform that is taking the business world by storm! With a recent $1.2 million funding injection by Prime Venture Partners, this startup is revolutionizing the way small and medium-sized companies conduct their customer conversations on WhatsApp.
Say goodbye to poor old conversions and broken customer experiences, and
Hello to Streamlined Automation and Exceptional Service.
Founded by the dynamic trio of Karthik Jagannathan, Yogesh Narayanan, and Yathin Panchanathan, Gallabox offers a unique suite of features that provides a 360-degree view of all customer conversations. With the ability to convert WhatsApp into a powerful selling channel, businesses can save significant amounts of time and money compared to traditional, manual returns processes. And that's not all - actionable campaign analytics, including sent, delivered, read, and replied metrics, enable companies to make informed decisions and optimize their operations.
One of the major advantages of Gallabox is its complete WhatsApp Automation with Chatbot and needed integrations. Whether you're in the Education, Travel, BFSI, Real Estate, or E-commerce industry, Gallabox has got you covered. The platform is already serving over 500 customers in 20 countries, including big names such as PVR, Ship Rocket, Pickyourtrail, Credit Mantri, and GoIreland.

Reference: The Hindu
SCRIPT - Gallabox:
Now Let's SCRIPT the Fundraising behind GALLABOX, On Nov,22 GALLABOX received a Seed Fund of 1.2 Million Dollars from Prime Ventures.
In Our SCRIPT We are going to Use the Variables
S - Segment
C - Community
R - Revenue
P - Portfolio
Segment:
Gallabox got its initial Pre-Seed funding from Angels Investors Mr. Promod Kumar & Mr. Gaurav Kumar who also had invested in LIDO & Pedagogy.
But when it comes to Seed Round their Target was Prime Ventures. Now, cloud-based Why is that? because Prime Ventures also invested in startups of Similar segments such as Zuper a workforce management service and Perpule a cloud-based POS solution ( later acquired by Amazon).
So Knowing The Right VCs and Angels to Pitch is a Significant part of Your Segment when it comes to early-stage funding
Community:
It is also known that the founders were also been part of 100xentrepreneur, and Tracxn Startup communities where they could possibly get to know about Prime Ventures. So getting into a Community is really an asset
Revenue:
During this stage of fundraising, the Company was already able to generate a Revenue of 48.7k Dollars with a valuation of 6.28Mn Dollars. Thus Fundraising and valuation were made a little Easier.
Portfolio:
Karthik Jagannathan(CEO)- Education - IIM Bangalore, VP and Business Head at Sulekha and matrimony.com
Yogesh Narayanan(CTO)- Education - University of Madras, Tech Architect at Sulekha and Vivitri Capital
Yathindhar Panchanathan - Education - Bharathidasan University, Senior operator at Sulekha and GM at matrimony.com
Seeing from their Profile I can make Guess that all these three founders must have met in Sulekha and while going through their Profile. Mr. Karthik Jagannathan's Resume has some Glitters with Hustle as He has Graduated from IIM Bangalore which brings a lot of value to the table.
So Based on these Variables We Have SCRIPTED the Art of Fundraising behind the Scenes with Bluelearn and If you got a minimum of two or more variables from SCRIPT, It is assured that you can Raise Funds Easily. Check out the SCRIPT Frame Work to Know more.
In conclusion, Gallabox is a game-changer for e-commerce businesses looking to streamline their automation process and provide exceptional customer service. With its recent fundraising success, this startup is poised for continued growth and success. Startups across all industries can learn from Gallabox's success by identifying customer pain points, building strong relationships, and executing on their vision.
References:
Disclaimer: All these contents are published under SCRIPT and are truly meant for Educational Purposes Only, The information which is displayed here is based on Facts, data, and Assumptions. This Post is not meant to disrespect anyone, if you feel any objections please contact jasper.ji@xrosstalk.com.
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