Deeptech startup Dista raises $1.2M

Deeptech startup Dista incorporates a strong base of over 50 enterprise customers and aims to extend the quantity of clients and experiences delivered by 3X and expand in new geographies.

Dista, a Pune and Delaware (US) based deep-tech startup, has announced about raised $1.2 million. The seed funding round was led by Pentathlon Ventures in participation with Core 91 and other individual investors.

“At Pentathlon Ventures, we believe Dista has uniquely positioned to leverage its location intelligence platform to optimize field operations. This aligns with our fund’s core philosophy of backing passionate entrepreneurs who have built disruptive digital solutions for the worldwide business market from India, “said Shashank Deshpande, Managing Partner, Pentathlon Ventures”.

Incubated in 2017 and registered as an independent entity on October 17, 2020, Dista is co-founded by Nishant Kumar (Co-founder & Chief Product Officer); Shishir Gokhale (Co-founder & CEO); and Deepak Garg (Co-founder & CTO).

An AI-enabled location intelligence platform, Dista is on a mission to democratize location intelligence for enterprises. Solutions engineered on Dista’s no-code/low-code customizations aim to supply tailored SaaS experiences to customers.

Dista has helped global businesses achieve quicker TATs, higher conversion and engagement rates, and enhanced customer experience. With a young and dynamic team of 40, all under the age of 30, a powerful base of over 50 enterprise customers in less than a year has achieved by Dista. It now aims to extend the number of clients and experiences delivered by 3X and expand in new geographies.
“We will use the funds to attain scale-market expansion, brand building, and strengthen our product lines by giving attention to R&D and advanced user experience to further amplify the value delivered to our customers and end-users,” shared Shishir in an exclusive interview.

Dista seems to be an interesting startup in the deeptech space. I’m sure the company will continue to prosper in its journey ahead. Dista’s crew has my warmest wishes.

Shishir Gupta, Founder and CEO of Startuplanes

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