SIDBI Venture Capital Invests in Covalensedigital’s Flagship Platform Csmart
Covalensedigital will leverage the funds for the future roadmap of its flagship platform ‘Csmart’, targeting Mobile Virtual Network Enabler (MVNE) & Mobile Virtual Network operator (MVNO) segments along with 5G Monetization and scale internationally.
Commenting on the occasion, Mr. Sreenivas Peesapati, Founder & CEO said “We founded this company to address the MSME segment by making the solutions lightweight and affordable. Now we are moving to the next level in communications sector by making our Csmart platform available on SaaS models to take this to the global market. We are thankful to the team at SVCL for believing in our vision and backing us on our expansion plans”.
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