Liquidity Events
Parenting platform BabyChakra acquires regional parenting network Tinystep
Parenting platform BabyChakra has acquired Tinystep, a regional parenting network. With this acquisition, BabyChakra expands its footprint by providing access to a network of parents across 9 languages. BabyChakra targets to reach 75 million moms by the end of 2022. Suhail Abidi, founder, Tinystep will be exiting and starting a new venture. Following this deal, Tinystep will merge its social assets with BabyChakra's existing platform with an aim to build the largest, most trusted brand in the mom-child ecosystem in India. Bengaluru-based healthcare and parenting network Tinystep claims 5 million followers engaging in 9 languages including Hindi, Marathi, Bangla, Tamil, Kannada, Gujarati, Malayalam, Telugu and Punjabi.
From the Venture Intelligence PE-VC Deal Database: Tinystep had raised strategic funding from Flipkart (Jan-2016) and angel investment from Matt Glickman (Mar-2016)
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