Xto10x Technologies, a company that helps start-ups scale up, has raised $25 million in a funding round led by former Flipkart chief executive officer and co-founder Binny Bansal. He is also one of the co-founders of xto10x.
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The Series A round also saw 28 founders and senior leaders from the start-up ecosystem in India and Southeast Asia. The funds raised will be primarily utilised to ramp up three core activities–learning programs, software tools and operating capabilities–which will enable growth-stage startups to accelerate their scale-up journeys.
“xto10x is the only institution that provides systematic support to founders looking to scale up from Series A/B to the unicorn and beyond. We have found the xto10x offerings extremely relevant in our journey of building a high-growth and durable organisation at Razorpay,” said Shashank Kumar, co-founder at Razorpay, an investor and a customer of the start-up.