March 10th, 2021: "We are excited to welcome Venkata (Prasad) Kunisetty and the Effexoft Inc team to #TiEScaleup Cohort 7," announced TiE Boston in a social media release this morning. The release also thanked ScaleUp Mentors William Asher and Shirish Nimgaonkar for their commitment to Effexoft and for fostering the next generation of great companies and founders in Massachusetts.

ScaleUp is a program of TiE Boston that helps teams of emerging, high-growth potential, "Seed to Series A" companies overcome typical barriers to growth by helping them optimize their strategic positioning, operations, sales and competitive advantage.

"The credit goes to our amazingly dedicated team," said Prasad. " We are delighted by the recognition and the great opportunity provided to us by TiE Boston," he further said adding that his team was looking forward to get trained and mentored by the best talent from the prestigious business and academic institutions as part of this program.

Cohort 7 was recruited from the leading seed companies in Massachusetts via a rigorous selection process. Effexoft is one of the 15 companies that was selected in to Cohort 7.

Effexoft with its core product, Effecta, is aiming to simplify Supply Chain management with ROI from day one. Currently there are no affordable Supply Chain automation solutios for Small and Medium sized businesses. Effecta is a business-driven, self service, one stop Supply Chain automation solution for Order to Cash process, Mr. Kunisetty said. "Our target customers are food and beverage companies and the differentiator with Effecta is, there is no upfront cost to implement it. Effecta is natively built on Salesforce CRM platform, tightly integrated into the Sales Cloud and any company can start using it with just $125 a month / user in a SaaS mode," he added. said Mr. Kunisetty.

"We are very thankful to our mentors, faculty, subject matter experts and corporate partners of TiE ScaleUp for rallying around our companies," TiE Boston Executive Director Simone LaPray said.

The most impactful differentiator of TiE ScaleUp program is the unique mentorship it provides to the companies in the cohort. "For Cohort 7, we have codified the best practices of mentoring from the past cohorts and evolved "The ScaleUp Way" of mentoring. We are confident that this innovation will deliver an ever increasing value, in a consistent way, to Cohort 7 companies and beyond", said Neeraj Chandra, Chair of the ScaleUp Taskforce.

Get Effecta today from Salesforce AppExchange, said Prasad.