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The pre-Series A round of funding for the social networking app O hi has secured Rs 8 crore (about $1 million). The funding was primarily led by current investors JIIF, with additional involvement from prominent angel investors.
The funds will be utilized to enhance the company's offering and implement an artificial intelligence-driven profiling system.
O hi utilizes face-to-face human interaction in physical settings like as cafes, airports, and hotels to establish digital rooms that connect individuals and facilitate the development of a network associated with recognition, celebrity status, and financial success in the real world.
Read also - Novavente Secures $3 Mn Funding from Highbrow Securities
The firm is creating digital chatrooms in various locations such as cafes, airline lounges, and hotels to foster real-world human communities.
The Welsh Government gave an invitation to the company to build its platform in the UK, with a soft launch scheduled for July 2024. Additionally, the government is offering support and resources to assist Ohi in entering the UK market.
O hi claims that it has already increased its user base by two times the amount it previously obtained in a span of 24 months, accomplishing this feat in just the last 45 days. The company is now prepared to achieve its next significant goal.
About O hi
Founded in 2021 by Rupal Sharma, O hi - TRENDING IN TOP "40" is designed to let people connect relevantly in Cafes, Airports, etc & a very special Waitlist right of the real-life FAME and Recognition to influential people of the digital world.
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