Apple alum’s finance operations startup raises funds to expand globally
By Editor - Tue Aug 02, 9:45 pm
Bluecopa , an Indian startup building a finance operations automation platform for high-volume companies, has raised $2.3 million to expand its offering in the global market. The seed funding round was led by Mumbai-headquartered Blume Ventures, with participation from Titan Capital, T-Fund, Speciale Invest, Bharat Founders Fund, T2D3, Amplify and Force Ventures. It was also joined by Chargebee founders Krish Subramanian and Rajaraman Santhanam, Rohit Chennamaneni of HR management platform Darwinbox and Asad Khan and Jay Singh of cross-browser testing tool LambdaTest. “Just to take an analogy, say Salesforce for sales, Marketo for marketing, GitHub for developers, there is a large whitespace in the finance space,” said Nilotpal Chanda, co-founder and chief business officer of Bluecopa, in an interview with TechCrunch. Bluecopa was founded in 2021 by Chanda and his fellow entrepreneurial teammates Raghavendra Reddy and Satya Prakash Buddhavarapu.