[Funding] InnoServ raises undisclosed amount from 5F World; Ganesh Natarajan joins the Advisory Board

Homegrown Digital Acceleration media startup InnoServ Group has announced that it has raised an undisclosed investment from 5F World. The startup aims to use the funds to strengthen its leadership team and focus on global expansion. Further, the startup aims to expand in the related areas of its work. The company currently focuses on building communities & media platforms in Academia, Healthcare, HR, and Global Entrepreneurs, Sales & marketers community. As part of its growth strategy, the company, further, aims to strengthen its capabilities across the digital stack.

Currently, the 8-year-old startup group consists of InnoServ Digital, CoBuzz, and FMA Digital. It specifically focuses on Automotive, Education, Healthcare & Real Estate verticals. Besides this, it aims to focus on employer branding from a functional perspective.

From the leaders

Dr Ganesh Natarajan led 5F World invests in Digital Startups and helps skilling and social ventures in India. Apart from the investment, Dr Natarajan would also be joining its advisory board. The startup already has stalwarts like Gopalakrishnan Ramachandran. On the investment, the latter said, “Over the last 8 years Innoserv has rapidly grown. It has emerged among the leading digital consulting firms in India. Strengthening leadership and global expansion are the two key focus areas. The group also looks to scale even further and expand into related areas. The investment from and the coming onboard of Dr Ganesh Natarajan, a visionary business leader in the technology space, is a shot in the arm of the group. We look forward to his advice and guidance in our leap to the next phase of growth.”

On the investment and the new role, Dr Ganesh Natarajan, Chairman, 5F World, said,” InnoServ is an exciting new-age firm with significant value for SMBs, corporates, media houses and academic institutions. Look forward to playing a role as they aim for greater domestic and global success.”

Further, Rahul Jain, MD, InnoServ Group added, “The next stage of evolution of our firm needs the guidance of leaders who have been there and done that on a global scale. It’s a privilege that Dr Ganesh Natarajan accepted to be on our advisory board and also make a strategic investment in us. His advice will also be valuable as we look at Series A growth capital to fuel our aggressive growth and global expansion plans.”