BeyondSquare Solutions, a Bengaluru-based IT product enterprise behind the flagship product FinAlyzer, has raised $4 million in Series A funding from Avant Global Corporation, the company said in a statement today, September 16.
“The investment will be executed in three stages, beginning with the issuance of new and convertible shares, followed by additional subscriptions from existing shareholders, and ultimately, the conversion of warrants upon achieving defined performance milestones,” the company said.
Commenting on the investment, Surendra Sharma, CEO of DivaCygnet and MD, global business, Avant Group Corporation, said, “This collaboration is a step in that direction. By combining Avant and Beyond Square’s strengths, we aim to deliver solutions that raise the bar for governance, transparency, and sustainable growth worldwide.”
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BeyondSquare Solutions plans to utilise the funding to strengthen FinAlyzer’s core capabilities by expanding automation, deepening compliance intelligence, and enhancing scalability for enterprises with complex reporting structures. The goal is to establish FinAlyzer as the platform of choice for finance leaders worldwide, without compromising on the trust and responsiveness its customers rely on today.Â
Founded by Karthik Ganeshan, Venkatachalam PK, and Rangan Varadan, BeyondSquare Solutions built FinAlyzer — a financial consolidation and reporting solution that automates close, consolidation, and compliance, bringing global-class accuracy and transparency to CFOs.Â
Avant Global Corporation, headquartered in Tokyo, is a leading enterprise software group committed to advancing transparency, accountability, and sustainable value creation.Â
