VC Fund Investments
Travellers’ social media platform Explurger gets $4.5 M
Delhi-headquartered Explurger , a social media platform for travellers, has raised USD 4.5 million in a Series A funding round led by Affle (India), at a pre-money valuation of about USD 40 million. With this investment Affle’s stake in the company now stands at 9.03.The fresh capital will be used for scaling up growth initiatives and fostering community development through the integration of newer technologies.Prior to this, in 2021, the company had raised USD 1 million in a pre-series A round from a group of investors. Besides Affle (India), Explurger claims support from India Discovery Fund, Jaipuria Family Office, Khimji Family Office, Action Group Family Office, Kajaria Tiles Family Office, Dhampur Sugar Mills Family Office, LetsVenture and Lead Angels. The company has also attracted investments from angel investors like Piyush Jain and Lovkesh Arora.
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