~Previously the company raised Rs 1.8 crore through equity crowdfunding in 2021~
New Delhi, NFAPost: Bhatia Labs, the parent company of a suite of subscription-based brands – banaa.com, designoye.com and serverfellows.com, has raised over Rs 3.2 crores in a fresh round of funding via Eureeca Holdings on June 27th, 2022.
The new capital raised will be utilized for product development, cloud infrastructure and building a global reseller ecosystem for Banaa.com.
Banaa.com offers professionally designed key components for developing aesthetically engaging websites and ecommerce stores. The process is extremely self-explanatory and enables users to build a website and begin selling online in minutes.
The parent company – Bhatia Labs was formed with a vision to provide productised services, platforms and infrastructure at an affordable cost to individuals, startups and businesses all over the world.
The latest infusion of capital comes shortly after the company had raised Rs 1.8 crores in 2021 via equity crowdfunding.
Bhatia Labs Founder Dushyant Bhatia said the company has been working on building a suite of affordable subscription-based offerings for non-coders, designers and developers across the globe.
“The last one year was spent on perfecting the products and offerings for the target market and with this round, we intend to focus on building our reseller ecosystem,” said Bhatia Labs Founder Dushyant Bhatia.
“With Banaa.com, we intend to democratize software development and allow non-coders to be a part of this digital revolution. Banaa.com competes on some levels with companies such as Webflow and the open-source platform WordPress,” he further added.
Launched in January 2019, Banaa.com offers a suite of No-Code and subscription-based products and productized services with a 100% remote team.
About Bhatia Labs
Founded in 2019, Bhatia Labs is a provider of subscription based productized services, platforms and infrastructure catering to individuals, startups and businesses all over the world. With Banaa.com, the company aims to bridge the developer-designer gap with its no-code/low-code platform and intends to make digital marketing and infrastructure support affordable with DesignOye and Serverfellows.
