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By CNBCTV18.com Aug 24, 2022 12:17:52 PM IST (Published)
Servify has recently extended its platform to enable affordable product purchases and will also scale this offering with the raised capital.
Global product lifecycle management platform - Servify has secured $65M as part of its ongoing Series D funding round, led by Singularity Growth Opportunity Fund.
In addition, strategic investors like AmTrust, family offices like that of Pidilite, and existing investors including Iron Pillar, BEENEXT, Blume Ventures, and DMI Sparkle Fund participated in the round.
The funds will be used to further grow the business in international markets and strengthen the technology platform that supports brands and consumers during product usage and support (damage protection, extended warranty) and product end-of-life events.