Social Community Platform Kutumb Raises $26 Million In Series A Funding Round

Kutumb Series A funding Round
Indian Funding News

Kutumb, a Bharat-focused social community platform, has raised $26 million in a Series A funding round led by Tiger Global.

Tiger Global has pumped in $18.5 million in this round, followed by Quiet Capital, which has invested a little over $3 million. Nirman Investments, Rocketship VC, AL Trust and others, including angel investor Sujeet Kumar have invested the remaining amount in the current round.

With the latest funding, Kutumb has made it to the list of the top five largest Series A rounds raised by Indian startups ever.

Ola Electric tops the list with $58 million in Series A funding, followed by Ananth Narayanan-led Mensa Brands with $50 million. Fintech startup FamPay is number third on the list with $38 million funding in Series A, followed by home interior design startup Design Cafe with $29 million raised in Series A funding.

Started by Mohit Sharma, Abhishek Kejriwal, Naveen Dewangan and Vipul Allawadhi, Kutumb has been positioning itself as Reddit for the non-English speaking population (aka Bharat) and allows users to connect with people in their community, share news, updates of members and discuss any issue.

Available in 8 languages, Kutumb’s Android-only app has close to 12 million downloads since its inception, according to Sensor Tower data. Kutumb had raised Rs 15 crore in a seed funding round led by Sequoia’s Surge in December 2020.

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