TrulyMadly has raised $1.1 Mn in pre-Series a capital from AngelList, Inflection aim Ventures in addition to Chennai Angels
The money round also saw involvement from leading Indian business owners and CXOs of Indian startups, such as Unacademy cofounder Gaurav Munjal and Josh Talks cofounder Shobhit Banga, and others
The business claims that the funds could be utilized to measure up group size and operations
TrulyMadly Matchmakers Pvt Ltd, the moms and dad business of leading dating that is indian TrulyMadly , announced it has raised pre-Series a money worth $1.1 Mn (INR 8.1 Cr) from investment capital organizations AngelList, Inflection aim Ventures, along with angel investment team, The Chennai Angels. The financing round additionally saw involvement from leading business owners and CXOs of other Indian startups, such as Unacademy cofounders Gaurav Munjal, Roman Saini, Josh Talks cofounders Shobhit Banga and Supriya Paul, and Ritesh Malik, creator of Innov8 (acquired by OYO), among different other people. The round additionally saw involvement through the companyвЂ™s existing investors.
Launched in 2014, TrulyMadly is just an app that is dating those searching for long-lasting and meaningful relationships. The business stated that the software runs on the compatibility that is proprietary tool, and lays strict focus on verification and protection of its users.
In 2019, the business elevated Snehil Khanor, a founding person in the startup, whilst the brand new CEO. Snehil early in the day founded and sold Find Yaha to Omidyar backed Zimmber which later on got obtained by Quickr. Amit Gupta, who earlier cofounded FellaHomes and offered it to Y combinator backed Ziffy Homes, joined up with TrulyMadly as cofounder and CTO in April 2019.
This new group additionally announced a strategic change in its market by having a renewed focus on singles seeking severe, long-lasting relationships. Continue reading “Indian Dating App TrulyMadly Raises Pre-Series A Funding”