menu
techminis

A naukri.com initiative

google-web-stories
source image

Medium

1M

read

22

img
dot

Image Credit: Medium

XRC Portfolio Success: Nectar Social Raises $10.6M to Bridge the Social-to-Revenue Gap

  • Nectar Social, a startup founded by Misbah and Farah Uraizee, raised $10.6M to address challenges for brands in converting attention into revenue in the new landscape of commerce.
  • The company's AI-powered platform focuses on social management, attributes revenue to organic engagement, and scales personalized direct message conversations to bridge the social-to-revenue gap.
  • XRC Ventures, where Nectar is a portfolio company, believes in creating value through strategic connections and opportunities rather than just providing capital.
  • Nectar Social is partnering with disruptor brands in beauty, wellness, food & beverage, and lifestyle sectors, showcasing a successful strategy for early-stage investing and technology platform utilization.

Read Full Article

like

1 Like

For uninterrupted reading, download the app