InRev Systems Raises Investment from a Kolkata based IT investor

InRev Systems , a social media product company based out of Bangalore recently announced that they have raised investment from a Kolkata based investor, with a focus on IT.

Simplify360 is InRev’s software product, which is a social media brand monitoring and analytics tool. Organizations like Café Coffee Day, Beehive Communications, Impetus Research, Narayana Netralaya, etc use Simplify360 according to their release.

This is the first institutional investment that InRev Systems has raised. They have defined their plans for the Indian market till 2015, which includes setting up sales offices in Delhi, Mumbai, Chennai and Kolkata. They are also working towards setting up a fully functional sales mechanism.

Post the investment, Raj Mishra has joined the company’s Board of Directors. He has more than 18 years experience in IT sales. Bhupendra Khanal, the CEO of InRev Systems said, “This is the beginning of a long journey for InRev. I see this investment as a means to reach our goal. Our goal is to build a world-class tech product company in India, catering to the needs of customers across the globe”.

The company’s CTO, Rohit Gupta feels this investment will help them add more market centric features to Simplify360. Raj Mishra sums it up perfectly by saying, ““Both we and InRev Team, have a firm belief in innovation, quality delivery and the India Story. Thus, it was a natural fit for us to join forces”.

InRev was also one of the TechSparks of 2010 and we wish them the very best in the future. And a TechSparks 2011 report can be found here.