FRND Raises $6.5M In Series A Funding Round Led By KRAFTON
Bengaluru-based audio romance and friend discovery startup FRND has raised $6.5 million in a Series A funding round. The funding round was led by Battlegrounds Mobile India (BGMI) creator KRAFTON, with participation from existing investors — India Quotient and Elevation Capital.
With this funding, the startup looks at growing FRND from the current 10 Indian languages, strengthening its technology ecosystem and increasing its footprint both within India and internationally.
FRND App | Audio Dating App For Bharat
Founded by IIT Kanpur alumni Bhanu Pratap Singh Tanwar, Hardik Bansal and Harshvardhan Chhangani in April 2019, FRND is a first-of-its-kind dating app that provides a safe, secure and fun environment for boys and girls to chat anonymously via audio streaming.
The dating app allows young people to connect with each other through live-streamed formats like FRND Dating and audio games, with a focus on creating a one-on-one connection.
Speaking on the development, Bhanu Pratap Singh Tanwar, CEO and Co-founder of FRND, said,
“There is a huge untapped opportunity in the Indian romance market where youngsters connect and interact with the opposite gender over the internet. We have been working towards providing a safer platform to the Indian youth, especially girls. The security features and state-of-the-art algorithms make FRND just the right app for these next billion users to have a unique experience in a controlled way.”
On the app, users can connect via audio in a pseudo-anonymous manner and start conversations through a matchmaker. The matchmaker-led game and chat rooms on the platforms come with certain moderation systems which are aimed at connecting people through safe yet engaging conversations.
With over five million registered users, the dating app is currently available on Google Play Store and has an average user spending on the app of approximately 25 minutes each day.
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