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Startup news and updates: daily roundup (May 9, 2023)

Slick Raises $1 6M in Funding

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Slick App accelerates growth and becomes the go-to social networking platform for GenZ with successful fundraise

Bangalore, May 9: Slick App, the social networking platform for GenZ, is disrupting the market and revolutionising how young people connect and engage online. Slick was founded by IIT Bombay graduates Archit Nanda and Rachit Bansal, on the belief in the positive impact of social networks. One of the fundamental problems seen with today s social networks is their business model of ads, which dilutes networking and shifts users focus to consuming content. These platforms ultimately want more timeshare from their users, in ways that are not networking, which defies the very idea of a social network, said Slick CEO, Archit Nanda.

Raaho Bags Funding From IP Ventures, Vijay Shekhar Sharma To Connect Truckers With Shippers

Raaho has raised INR 20 Cr from Inflection Point Ventures, Roots Ventures, and Blume Founders Fund as part of its extended pre-Series A round

Tring raises Pre-Series A Round from Kalaari Capital and others

Mumbai (Maharashtra) [India], October 19 (ANI/NewsVoir): Tring, India's largest celebrity engagement platform, has grown 30x in revenues with over 100x growth in user traffic since its last capital raise. Launched in 2020, Tring has quickly become the category leader in the space of digital interactions, with over 12,000 celebrities connecting with their fans through personalised celebrity video messages (shoutouts), direct message on social media, video calls, merchandise, brand video endorsements and more. Continuing the growth momentum, Tring is closing its Pre-Series A round of USD 5 Mn led by Kalaari Capital, which invested USD 2 Mn and has the option to invest further 2.5 Mn in a new tranche at a later date. The round also saw participation from Blume Founders fund, REDBROOK PTE. (Singapore) and Sujeet Kumar (Udaan.com). Co-founded by Akshay Saini, Rahul Saini and Pranav Chabhadia, the company claims to have over a million people visiting the website to interact with celebrit

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