SaaS platform Spendflo bags $11 Mn to expand footprint in North America
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Software-as-a-service (SaaS) platform Spendflo has raised $11 Mn as part of its Series A funding round led by Prosus Ventures and Accel. The startup will use the funding to expand its global footprint and strengthen its presence in North America. The SaaS platform also plans to ramp up local hiring and shore up on-ground activity to raise brand awareness in newer markets. The capital will also be deployed to fuel product growth.