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[Funding News] Social Platform Pepul Raises $4 Mn Pre-Series A Funding Round

By Team VS
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Suresh Kumar G, Pepul, Founder

Pepul Tech Pvt Ltd, a business in the social media industry, has successfully raised $4 million in funding during its pre-series A round.

The company plans to use the most recent capital to further develop its two primary products – Pepul, a business-to-consumer (B2C) platform; and Workfast.ai, a business-to-business (B2B) software-as-a-service (SaaS) platform.

The investment was led by a prominent family office in Tamil Nadu, in addition to the participation of current investors. Nevertheless, Pepul withheld the identity of the family office.

Read also - Rare Rabbit Raises Rs 150 Cr Funding Led by A91 Partners, Nikhil Kamath’s Gruhas

Pepul's current investors comprise Hourglass Venture Partners and Girish Mathrubootham, among other individuals.

Pepul was initially conceived as a constructive social media platform and has since transformed into a dynamic and constructive social application that primarily focuses on fostering professional growth and providing job prospects.

Suresh Kumar G, Founder and CEO, Pepul, said: “We’re very happy that a lot of great entrepreneurs and credible investors bet on our passionate team and our vision. The round was raised in a couple of meetings after visiting our office and the team,”

About Pepul

Founded in 2020 by Suresh Kumar G, Pepul is a new age Interest-based Social Networking platform from India, where people share their beautiful life stories & skills on their interests.

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