YourStory: Funding Update: Consultancy startup Spaciya Advisors raises $500K in pre-Series A round
Noida-based consultancy startup Spaciya Advisors on Monday announced it has raised $500,000 in pre-Series A round from angel investor and serial entrepreneur Alok Garg. An IIT Roorkee and Thapar Institute alumnus, Alok has invested in many real estate startups in India. He will now be a strategic investor in Spaciya Advisors, and take up the role of Director - Operations. Spaciya said it will utilise the funding to expand to newer regions, build its brand through collaborative marketing, and make technological advancements. Commenting on the funding, Ajit Panda, Founder and CEO, Spaciya Advisors, said, “The funds will be utilised to expand our existing market reach from Delhi and NCR to Mumbai, Hyderabad, and other parts of the country, for team expansion with regional expertise and branding and marketing." "We will also focus on the technological advancements to make our platform AI-powered, which will improve online customer experience, loyalty, and brand reputation," he added.