Bangalore-based Startup enKast Raises $2 Million Funding from Multiple Investors
Bengaluru-based startup Seamovation Labs has raised a Pre-Series-A round funding round of $2 million for its product named enKast.
enKast was launched in November 2015 by M. Amruth Charmana, V. Subhash Chandra, and Eshwar Mahadevan. Prior to this, the trio ran a digital software service company called Squadway Technologies whose clients include Times Of India, Bangalore Mirror, KLE Society and so on. The co-founders are also recognised across the state as social entrepreneurs, winning several awards & accolades for their philanthropy work, primarily in the field of organ donation.
“This funding will enhance the scalability and quality of enKast’s on demand platform and utility application suits. We will be strengthening our core team with more focus on artificial intelligence, which will aid production houses agencies in decision-making capabilities more accurately,”
The company plans to power up its tech infrastructure with an increased focus on artificial intelligence in addition to expanding the team.
said Amruth Charmana M, chief executive at the startup.
“enKast helps agencies manage and showcase their models and talent artists. It is a simple and easy to use cloud-based software product. It has rich utility tools, which enables them to increase performance and become more competitive. The pain point addressed is global in nature and the way it is addressed is technologically scalable,”
said investor Manish Maheshwari.