Exly providing business tools provider for creators raises $6.2M led by Chiratae Ventures, existing investors

Exly providing business tools for the creator economy has raised $6.2 million in a funding round led by Chiratae Ventures, with participation from existing backers Mayfield India and Venture Highway.

With this round of funding, the startup will focus on enhancing its product and customer acquisition efforts.

Helping creators manage their operations 

Founded in 2018 by Suyash Sinha, Sidharth Rawat, and Akhil Tripathi, Exly (initially known as MyScoot) aims to revolutionize how creators and solo entrepreneurs manage their operations.

The platform offers a comprehensive suite of tools, including course builders, appointment schedulers, a marketing suite, CRM, and lead conversion tools, catering to a diverse clientele, such as business coaches, fitness professionals, astrologers, dance choreographers, and digital marketers.

What sets Exly apart?

Exly empowers its users to significantly increase their earnings with minimal effort. “Whether you're kickstarting or expanding your knowledge business, you are currently required to stitch together over 10 tools and products to be able to manage your business instead of focusing on what’s most important - sharing your knowledge and adding value to your customers. Our goal is to empower our customers to 10X their earnings on autopilot,” said Sinha.

The impact of the funding

The funding will enable the startup to focus on its next growth phase, allowing for an expansion of its product offerings and an increase in its customer base.

"We recognise the evolving needs of knowledge businesses and believe in empowering entrepreneurs with the tools they need for success, supporting them every step of the way in their growth journey,” said Mandeep Julka, vice president at Chiratae Ventures.