Home Insight FUNDING NEWS- Newly Funded Startups 2024 Juleo Secures $2.5 Mn Funding Round to Revolutionize Matchmaking with AI-Powered...

[Funding News] Juleo Secures $2.5 Mn Funding Round to Revolutionize Matchmaking with AI-Powered Dating Platform

Chiranjeev Ghai, co-founder, Juleo

Juleo, a dating app that aims to solve the problem of matchmaking difficulties, has recently secured $2.5 million in funding after a successful funding round.

The recently acquired funds are designated for the purpose of expanding the staff, fostering growth, and implementing marketing efforts. Varun Sud, the creator and principal executive of Juleo, highlighted the worldwide problem of exhaustion from dating applications and its influence on mental well-being.

The investors comprise of Ramakant Sharma, the founder of Livspace; Kunal Shah, the founder of Cred; Ruchi Deepak, the co-founder of Acko; and Harsh Jain and Lalit Keshre, the founders of Groww, among others.

Read also – Cedar-IBSi Capital Invests in Cogniquest

The platform’s objective is to provide a reputable community for individuals who are not in a relationship, providing a secure, dependable, and accountable service to assist users in discovering authentic relationships.

Juleo, situated in Delhi NCR, functions as a club for singles. The platform includes an artificial intelligence matching assistant that selects and organizes profiles, as well as arranges initial meetings for users who are suitable with one other.

About Juleo

Founded in 2023 by Chiranjeev Ghai and Varun Sud, Juleo is hence tackling one of the largest unsolved consumer internet problems of our time, with help from India Stack and AI.

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