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TrulyMadly raises Rs 16 crore funding; investors include Paytm founder

Dating app TrulyMadly on Tuesday said it has raised Rs 16 crore (USD 2.1 million) in funding from Venture Catalysts, 9 Unicorns, Paytm founder Vijay Shekhar Sharma and others. Early stage investor advisor Jana K Balan, Neil Bahal from Negen Capital, angel investor Ruchi Sihare and existing investors Inflection Point Ventures, The Chennai Angels and AngelList also participated in the pre-series A round, a statement said. Paytm founder Vijay Shekhar Sharma, InMobi co-founders Abhay Singhal and Piyush Shah, Nodwin Gaming founder Akshat Rathee and Dr Vaidya s founder and CEO Arjun Vaidya also joined the round, it added. TrulyMadly will deploy the capital to build new product offerings, expand to new geographies and boost its technology by leveraging Artificial Intelligence (AI) powered platform features and Machine Learning (ML) algorithms, it said.

Uttar pradeshTamil naduAmit guptaGaurav munjalArjun vaidyaJanak balanSnehil khanorPiyush shahAakrit vaishVijay shekhar sharmaAbhay singhalRuchi sihareMiten sampatRitesh malikAkshat ratheeNeil bahal

TrulyMadly raises $2 1 million in pre-Series A funding round

We ll soon meet in your inbox. Please wait. Though established in 2014, TrulyMadly was taken over and overhauled by Snehil Khanor, one of its founding members and first product manager, in December 2018. Operating under Crescere Technologies Pvt. Ltd., Khanor and co-founder and Chief Technology Officer Amit Gupta created a new core team at TrulyMadly and revamped the app to its present avatar. The platform offers compatibility and verification-based matchmaking services and boasts of 85 lakh users. The pre-Series A funding round comes close on the heels of TrulyMadly recording 10 times growth in Tier II-III cities like Bhubaneswar, Gwalior, Kanpur, Patna, Rajkot, Varanasi and Vijayawada, among others amid the coronavirus lockdown.

Uttar pradeshTamil naduAmit guptaJanak balanSnehil khanorVaidya arjunPiyush shahPaytm vijay shekhar sharmaRuchi sihareAkshat ratheeNeil bahalInmobi abhay singhalNegen capitalInflection point venturesChennai angelsVijay shekhar sharma

Indian dating app, TrulyMadly raises ₹16 crore in pre-Series A

April 20, 2021 × Indian dating app TrulyMadly has raised ₹16 crore ($2.1million) in a pre-series A round. The round saw participation from Venture Catalysts, 9 Unicorns, early stage investor advisor Jana K Balan, Neil Bahal from Negen Capital, angel investor Ruchi Sihare and existing investors Inflection Point Ventures, The Chennai Angels and AngelList. Paytm founder and CEO Vijay Shekhar Sharma, InMobi co-founders Abhay Singhal and Piyush Shah, Nodwin Gaming founder Akshat Rathee and Dr. Vaidya’s founder and CEO Arjun Vaidya also joined the round. The fund raise follows an overall revenue growth by 4X and a 10X growth noted from many Tier 2-3 cities like Bhubaneswar, Gwalior, Kanpur, Patna, Rajkot, Varanasi, Vijayawada among others. The platform has over 85 lakhs users. The start-up raised ₹8.1 crore ($1.1 million) from Inflection Point Ventures, The Chennai Angels and AngelList last year along with some angels and start-up founders.

Uttar pradeshTamil naduArjun vaidyaJanak balanSnehil khanorPiyush shahVijay shekhar sharmaAbhay singhalRuchi sihareAkshat ratheeNeil bahalVenture catalystsNegen capitalInflection point venturesChennai angelsShekhar sharma

InMobi appoints Krista Thomas as Senior VP and Global Head of Marketing for InMobi Marketing Cloud

Ad tech veteran joins to drive its next phase of growth. Previously, Thomas was SVP Marketing for Amobee

Abhay singhalSean parker plaxoKrista thomasFounder of inmobi groupThomson reutersBestmediainfo bureauTime warnerBestmediainfo bureau delhiMediainfo bureau delhiSenior vice presidentGlobal headInmobi marketingInmobi marketing cloudInmobi groupMobi marketing cloudRubicon project

Krista Thomas joins InMobi Marketing Cloud as SVP & global head – marketing

Krista Thomas joins InMobi Marketing Cloud as SVP & global head – marketing
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