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MaxIQ raises 7.8 million dollars to bring AI-powered clarity to revenue
MUMBAI: MaxIQ, the AI-powered Revenue Intelligence platform, has secured 7.8 million dollars in seed funding, with Dell Technologies Capital leading the round and Intel Capital participating. The investment will fuel product innovation, team expansion, and scaling operations, as MaxIQ aims to eliminate revenue fragmentation in B2B SaaS enterprises.
For B2B SaaS companies, managing revenue is often like piecing together a puzzle with missing pieces, disconnected tools, siloed teams, and unreliable forecasts slow down growth. MaxIQ’s AI-driven platform solves this by bringing together sales, customer success, and RevOps into a single, real-time revenue ecosystem. From deal qualification to post-sales adoption, MaxIQ enhances forecast accuracy, speeds up onboarding, and ensures businesses capture maximum value across the customer journey.
Founded by Sonny Aulakh in 2022, the company is now bolstering its leadership with Matt Hickey as CEO and Rob Sexton as CRO, both veterans of Palo Alto Networks, EMC, and Securiti.ai. Hickey is set to steer MaxIQ from category pioneer to industry leader, while Sexton will drive revenue strategy and expansion.
“The gap between sales and customer success is costing businesses time and money,” said MaxIQ CEO Matt Hickey. “We’re closing that gap by unifying workflows and using AI-powered insights to help revenue teams operate in sync and deliver faster value.”
Dell Technologies Capital investor Chris Hillock called MaxIQ’s vision bold and transformative, adding that it offers B2B SaaS firms the ability to harness fragmented data and optimise revenue operations.
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Samsung India mobile chief quits after 18 years
Raju Antony Pullan’s exit leaves a gaping hole at the top as Chinese rivals tighten their grip
GURGAON: Raju Antony Pullan has had enough. The senior vice-president and head of Samsung India’s mobile phone business has put in his papers after 18 years at the Korean giant, a tenure long enough to have watched the company stride to the top of India’s smartphone market and then stumble, badly, as Chinese upstarts muscled in.
Pullan, who ran sales, marketing and every last function of the smartphone business, tendered his resignation on Thursday and is currently serving out his notice period. Samsung has not named a successor. It has a second line of leadership waiting in the wings, Aditya Babbar and Hiren Rathod among them, but no decision has been made on who steps up.
The timing is awkward. Samsung has been haemorrhaging market share to Chinese brands and now clings to a top-two position only in the premium segment, where it scraps it out with Apple. Losing the man who stewarded the mobile business through its best and worst years hardly helps steady the ship.
A company that once owned India’s smartphone market is now fighting to stay relevant in it. Pullan’s departure is less a footnote than a flashing red light.
