Home Insight FUNDING NEWS- Newly Funded Startups 2024 Social Media Startup Explurger Secures $4.5 Mn Funding Led by Affle

[Funding alert] Social Media Startup Explurger Secures $4.5 Mn Funding Led by Affle

[Funding alert] Social Media Startup Explurger Secures $4.5 Mn Funding Led by Affle
[Funding alert] Social Media Startup Explurger Secures $4.5 Mn Funding Led by Affle
Explurger, a domestic social media app, secured $4.5 million in a Series A fundraising round headed by Affle (India) Limited.

Explurger, a domestic social media app, secured $4.5 million in a Series A fundraising round headed by Affle (India) Limited.

Explurger began operating in India in 2021 and now has over 8.5 million users in over 75 countries.”The app, which has an AI-centered social network style, sets itself apart with features like Bucket List, and Rewards that address the unique requirements of adventurers and travelers, as reported by Entrepreneur.com.

Read also – [Funding alert] Fintech Platform Freo Secures Debt Capital From Sidbi

Speaking about the investment, Jitin Bhatia, founder & CEO of Explurger, said, “We’re thrilled to welcome Affle on our cap table as part of Series-A funding round. Affle is already a leading name known for their tech innovations and R&D, and with them as an investor, it validates our vision to build a social media platform of the future that goes beyond likes and shares, and truly builds a global connected community using the advancements of AI. We look forward to the next phase of our growth story and are grateful for the confidence shown in us by the team at Affle.”

A group of investors invested $1 million to the company’s pre-Series A funding round in 2021.

Read also – [Funding alert] Mobile-focused Browser Veera Secures $6 Mn Funding Led by Ayon Capital

The company anticipates focusing on the expanding global and Indian social media user base, given the resurgence of interest in the travel industry in the aftermath of the pandemic.

About Explurger

Explurger is a social media app built on artificial intelligence to empower users to go beyond check-ins. Apart from sharing pictures and videos, it keeps track of the exact miles, cities, countries, and continents traveled by the user.

Viestories

Exit mobile version