Dil Mil, a matchmaking app for South Asian expatriates, has raised $2.7 million (around Rs 18 crore) in pre-Series a financing from Nelstone Ventures, Transmedia Capital, Maiden Lane Ventures, CSC Upshot and a lot of angel investors.
Naval Ravikant, creator of Angel List; Kunal Shah, creator and CEO of FreeCharge; Sameer Parwani, creator and CEO of CouponDunia; and Vijay Ullal, creator of Victory Ventures, would be the angel investors whom took part in this round, the startup stated in a declaration.
Dil Mil Inc had raised an amount that is undisclosed money from 1 associated with the founders of US-based music streaming application Saavn (South Asian Audio Video Network) in December 2015. Formerly, it had raised about $1 million in seed financing from a small grouping of angel investors Will that is including Bunker creator of Match.com; Scott Banister, previous PayPal board user and Ironport creator; Naval Ravikant; deep Nelson, previous handling manager for M&A at IAC вЂ“ the keeping business fetflife for Tinder and Match; and 500 Startups.
The dating and matchmaking apps industry in India happens to be gaining energy with a wide range of players going into the market and increasing funds.
A round from TermSheet and ah! Ventures in January this year, Bangalore-based matchmaking app Aisle raised Rs 1.25 crore ($183,000) in its pre-Series.
Matrimony.com Pvt Ltd, which operates lots of matrimony-based internet web sites, including BharatMatrimony.com, launched Matchify.com in April a year ago while individuals Group, which runs Shaadi.com, spent an undisclosed quantity for a minority stake in Delhi- and Singapore-based Thrill, a dating startup that is mobile.
Truly Madly had raised $5.5 million in Series the from Helion Venture Partners and Kae Capital in March 2015. Continue Reading…