Binny Bansal’s company raises $25mn

Bengaluru: Binny Bansal's xto10x Technologies, a scaling platform for growth-stage startups, has raised $25 million. The funding round was led by the Flipkart co-founder.
xto10x Technologies was founded by Bansal, Saikiran Krishnamurthy, former senior partner in McKinsey, and Neeraj Aggarwal, former VP at Flipkart, to help startups scale into global companies.
The funds will be deployed to ramp up three core activities – learning programmes, software tools and operating capabilities.“Our experience over the past two years has shown us that founders are really looking for support to grow fast and build enduring companies. Doing deep operating work with startups and converting that experience into software tools and learning curriculum have helped us build strong momentum, driving 4X growth in the past year. In fact, xto10x is already a profitable company,” said Krishnamurthy.