VC Fund Investments
App building services provider AppX raises $1.3 M from Ycombinator, Rocket Internet, others
New Delhi-based tech startup AppX has raised USD 1.3 million in a funding round led by Ycombinator, Global Founders Capital, Rocket Internet, Soma Capital, Shrug VC, Lenny Rachitsky, James Beshara and TDV Partners. The company plans to utilize the fresh funds to increase its product offerings to help more creators monetize, roll out their token as well as expand internationally. Founded in January 2020 by Sameer Sadana and Anuj Gupta, AppX helps creators monetize their assets via their own personal mobile apps and websites. Creators can run their own online businesses such as ebooks, courses, NFTs and e-commerce businesses. The company is currently targeting creators with over 10,000 followers on platforms like Instagram, Tiktok and Youtube.
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