Login

SaaS platform Taqtics raises $1.2 million in a seed round led by Sprout Venture Partners, others

| Posted on |

  • Taqtics, a SaaS platform focused on retail and Quick Service Restaurant (QSR) operations, secured $1.2 million in seed funding led by Sprout Venture Partners and Capital-A, alongside Java Capital.
  • The funding will be utilized to improve product offerings, integrate AI-driven analytics, and expand market presence.
  • Founded in 2021, Taqtics provides features including real-time store audits, employee training, visual merchandising tools, and asset management to enhance operational efficiency for retail and restaurant businesses.
  • The company’s mission is to leverage AI and automation to digitally transform day-to-day operations across various locations in the retail and QSR sectors.
  • Investors highlighted Taqtics’ unique solution for evolving industry needs, emphasizing its potential role in enabling efficient scaling and operational consistency across multiple locations.

Taqtics, an SaaS platform specializing in retail and Quick Service Restaurant (QSR) operations, has raised $1.2 million in a seed funding round led by Sprout Venture Partners and Capital-A, with participation from Java Capital.

The startup will use the raised capital to enhance its product offerings, integrate AI-driven analytics, and bolster its presence in key markets.

Driving operational efficiency  

Founded in 2021, Taqtics provides a comprehensive platform tailored to streamline retail and restaurant operations. Key features include:  

1. Real-time store audits: Designed to track compliance and drive continuous improvements.  
2. Employee training and SOP management: Simplifies onboarding and ensures adherence to operational standards.  
3. Visual merchandising tools: Reinforces brand guidelines effortlessly across locations.  
4. Asset management and issue tracking: Helps businesses maintain optimal performance and swiftly resolve challenges.  

“We are doubling down on innovation, leveraging AI and automation to simplify retail operations,” said Yuyutsu Sharma, Co-Founder of Taqtics. “Our mission is to digitally transform how retail and QSR brands manage their day-to-day operations across locations.”  

Investors comment

“Taqtics has built a solution tailored to the unique needs of the retail and QSR industries. As these sectors evolve, vertical AI-driven tools like Taqtics will play a vital role in scaling operations efficiently. We are thrilled to partner with them in this journey,” said Ankit Kedia, Founder and Lead Investor at Capital-A.

Sahil Gupta, Partner at Sprout Venture Partners, added: “The pressure to ensure operational consistency across numerous locations is immense. Taqtics provides an innovative solution that simplifies oversight while driving efficiency. We look forward to supporting their growth into major markets.”


Here’s a summary of the relevant information regarding the funds, investors, startup, founders, and fundraising series based on the provided content:

Startup:

  • Name: Taqtics
  • Founded: 2021
  • Business Focus: SaaS platform specializing in retail and Quick Service Restaurant (QSR) operations.

Founders:

  • Yuyutsu Sharma – Co-Founder

Fundraising Details:

  • Amount Raised: $1.2 million
  • Funding Series: Seed round

Investors:

  1. Lead Investors:

    • Sprout Venture Partners
    • Capital-A
  2. Participating Investor:
    • Java Capital

Key Quotes:

  • Yuyutsu Sharma (Co-Founder): Talks about innovation and the mission to digitally transform retail and QSR operations.
  • Ankit Kedia (Founder and Lead Investor at Capital-A): Comments on the solution tailored to the needs of the retail and QSR industries.
  • Sahil Gupta (Partner at Sprout Venture Partners): Reflects on the importance of operational consistency across locations and Taqtics’ innovative solution.

Use of Funds:

  • Enhance product offerings
  • Integrate AI-driven analytics
  • Bolster market presence

Key Features of Taqtics:

  1. Real-time store audits
  2. Employee training and SOP management
  3. Visual merchandising tools
  4. Asset management and issue tracking

This breakdown provides a clear overview of the startup, its funding, and the investors involved.

Source link

Terms          Privacy Policy