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.
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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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