Zybo Tracking Solutions a Software solutions provider has received undisclosed amount of foreign equity investment from Grasshoppers- a Netherland based company.

The funds will be used to market and develop their app- Trackbizz. It claims to be a cost effective field force automation system, which enables their managers to manage and track their field activities and field force respectively on real time.

It was founded in 2014 by Sunil Johny. It is an enterprise software development company providing software solutions for field force management system across multiple industries. It is incubated in KSIDC- Kerala State Industrial Development Corporation business incubation centre.

M Beena, Managing Director, KSIDC, said

“the corporation has sanctioned $938K(INR 6.23 Cr) as seed fund assistance to 31 innovative startups in the state and another 11 proposals are in the pipeline. Currently, 15 startup companies with 106 seats are incubated in the Business Incubation Centre at Infopark. KSIDC has launched its second incubation centre named Startup Zone at Inkel Tower II, Angamaly. There are plans to open a third incubator at UL Cyberpark at Kozhikode, M Beena said. The company is also assisting various colleges to set up incubation centres in their campuses to promote the entrepreneurial culture among the students.”

The app is available on Android platform only. It will help the users with expense tracking, attendance, task management, location tracking, work reports, lead lists, order notes and all other business related information. It focuses on Indian SMEs and help the users to access advantages of cloud technologies and mobility with a cost of Rs 399/ month.