SIDBI Venture Capital led a Series A round in Covalensedigital.

SIDBI Venture Capital, a venture capital firm, led a Series A round in Covalensedigital, a disruptor in subscription monetization. Financial terms were not disclosed. “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," Sreenivas Peesapati, Covalensedigital Founder & CEO.