Social impact & payments co Giverly raises funding led by iAngels Network
Gurugram-headquartered social-impact and payments platform Giverly has raised a pre-seed round of funding led by India Accelerator's iAngels Network, with participation from angel investors and corporate leaders. The platform plans to use the funds to strengthen its technology platform, brand positioning, and also expand its leadership team. Founded in 2022, Giverly offers VISA powered pre-paid cards issued in partnership with Transcorp International Ltd that give users an opportunity to make cost-free donations towards some of India's most pressing social issues. The pre-paid card comes along with a variety of exclusive discounts and offers. The company plans to expand its user base by offering convenient and rewarding pre-paid cards for employees while also instilling the culture of giving back to society within the organization.
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