Mikro Grafeio, a social impact start-up offering integrated workspace and workforce solutions, announced the successful closure of its Pre-Series A funding round, securing $1.2 million from a blend of existing and new investors.
The company is getting a big boost of money, and they plan to use it to grow in smaller cities, like Tier 2 and 3 cities. They want to create 100,000 job opportunities and help these local economies to do well. They will also use the money to bring in advanced technology to work more efficiently, make strong partnerships to support their business, and improve their marketing efforts.
The start-up has demonstrated a remarkable growth trajectory, transitioning from a modest footprint encompassing five centers in the fourth quarter of 2021 to a robust business servicing over 50 clients across more than 40 centers by the culmination of the fourth quarter of 2023. With this recent infusion of capital, the company is well-positioned to amplify its achievements and reshape the landscape of integrated workspace and workforce solutions with its innovative approach and customer-centric services.
"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,” said Mohan Mathew, co-founder of Mikro Grafeio.
Mikro Grafeio is a social impact start-up dedicated to fostering economic growth and creating job opportunities in tier 2 and 3 cities in India. Their mission is to generate 100,000 job opportunities by offering integrated workspace and workforce solutions, as well as advisory and consulting services for businesses seeking to establish operations outside of metros and Tier 1 cities.