Xpedeon, a Mumbai, India-based provider of a software platform (SaaS) for the Engineering & Construction industry, closed a series A funding round from Norwest Venture Partners.
The amount of the deal was not disclosed.
The company intends to use the funds to expand to North America, Europe and Asia-pacific, enhance its product offerings and integrate Building Information Modelling (BIM) and AI/ML within its core technology stack.
Led by CEO Janak Vakharia, Xpedeon is an Enterprise SaaS provider for the Engineering and Construction industry. The company provides unified, vertical, integrated SaaS platform encompassing finance, construction management, HR, Payroll among other modules. Over the years, the company has worked with marquee clients and has been instrumental in effecting full scale digital transformations for its customers.
Xpedeon has generated traction across UK, Middle East and India.
FinSMEs
20/12/2022