Leading social impact business Mikro Grafeio, which provides integrated workforce and workspace solutions, closed a Pre-Series A investment round.
The round brought in an astounding $1.2 million from a combination of new and existing investors. This significant funding infusion is expected to act as a launchpad for Mikro Grafeio’s aggressive growth strategies, allowing the business to establish a strong foothold in developing cities, or Tier 2 and Tier 3 cities, generate 100,000 employment opportunities and support the growth of local economies.
Additionally, the financing will make it easier to strengthen its marketing efforts, forge better alliances for close ecosystem support, and integrate state-of-the-art technologies for operational efficiency, as reported by CXOtoday.
“We are delighted to announce the successful completion of our Pre-Series A funding round, which marks a significant milestone in our journey. We are grateful for the trust and support of our investors, who share our vision and passion. This funding will enable us to scale up our operations, enhance our technology, and reach out to more customers across India. We are confident that with our unique value proposition and focused efforts to increase social impact and employment in emerging cities, we will be able to create a positive impact on the lives and businesses of our customers,” said Mr. Mohan Mathew, Co-founder of Mikro Grafeio.
The goal of Mikro Grafeio’s most recent funding round is to strengthen its position as a pioneer and market leader in the field of integrated workplace and workforce solutions. The company plans to invest in growing its presence in Tier 2 and Tier 3 cities, where it believes there is tremendous room for expansion.
This would enable local economies to flourish as a result of the growing need for flexible and reasonably priced workspaces as well as the opportunity to build the ecosystem to support the growth of enterprises. Additionally, Mikro Grafeio intends to improve customer satisfaction and operational effectiveness by utilising cutting-edge technology. The business will also put a lot of effort into developing a distinctive brand identity and raising awareness of its social initiatives.
About Mikro Grafeio
Mikro Grafeio is a social impact startup on a mission to create 100,000 job opportunities in tier 2 & 3 cities in India, thus enabling local economies to thrive. The company achieves this goal by offering integrated workspace & workforce solutions, advisory, and consulting for businesses to help them set up operations beyond metros and Tier 1 cities.