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Loginworks gets funding from IncuCapital

The fund to be used to scale up TaskTrek operations

BestMediaInfo Bureau | Delhi | January 19, 2012

Loginworks Softwares, an ingenious software development company, makes a significant corporate move today; with IncuCapital taking on active role in scaling up TaskTrek operations.

Incucapital is a venture capital firm that helps incubate startups. The firm ensures it provides the right enabling ecosystem to help the nascent company achieve its goals.

Marking this occasion, Dheeraj Juneja, Founder & CEO, Loginworks Softwares, said “We are happy to take this step and leverage IncuCapital’s strength to further scale up TaskTrek.”

Manish Kumar, Senior Venture Partner, IncuCapital, commented, “Working in a distributed environment with so much information overload, it gets difficult for teams to communicate right and be on the same ground. We saw a need gap here and, TaskTrek fills in that perfectly. It is a solution well positioned for the global audience, to counter these basic communication challenges at workspace”. “There is a lot of merit, we see in enabling TaskTrek to conquer the product space in India and overseas”, added Manish.

TaskTrek was launched mid 2010, as an internal communication solution. Last year, with the unleashing of mobile TaskTrek and its web mail integration function, TaskTrek has become far more robust; serving as an integrated one-stop solution for all office related communication and information management, across sectors and verticals. “It is because of the trust that our clients have shown in us, their willingness to change to efficient ways of working that has given us a reason to think bigger, to think bold and take TaskTrek to the next level”, added Juneja.

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