Private Equity VC Fund Investments
Creators' platform Rigi raises $10-M led by Accel, Sequoia, Stellaris
Bengaluru-based Azalp Technologies Private Limited, which offers the Rigi app that enables creators to manage and monetise their communities, has raised USD 10 million in a Series A funding round co-led by existing investors Accel India, Sequoia Capital India and Stellaris Venture Partners. Other investors in the startup include listed gaming firm Nazara's founder Nitish Mittersain, OneImpression CEO Apaksh Gupta, Shaadi.com founder Anupam Mittal and creator Tanmay Bhat. The funds will be used to expand the team and enhance the product.
Company website ↗ (opens in a new tab)
From the Venture Intelligence PE-VC Deal Database: In Jun-21, Rigi had raised over USD 1 M in a seed round from Accel India, Sequoia Capital India, Stellaris Venture Partners and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)