Zorro has raised $3.2 million.
Pseudonymous informal organization, Zorro, has raised $3.2 million as a piece of its seed financing round co-drove by investment firms 3one4 Capital and 9Unicorn Ventures, the organization said on Friday.
The round likewise saw cooperation from a few originators of 'unicorn' new businesses, including Vijay Shekhar Sharma, organizer, Paytm; Ritesh Agarwal, author, Oyo Rooms; Ashish Hemrajani, organizer, BookMyShow, Kunal Shah, organizer, Cred, and BharatPe prime supporter, Ashneer Grover among others.
As per the organization, the returns from the current round will be used to increase Zorro's innovation group, in a bid to speed up its item development.
"One central question these days is paid tweets and surprisingly paid surveys. Zorro is a pseudonymous informal community, which is ring-fenced and content directed. This gives you a spotless and legitimate course of events consisting of individuals from your organization, sharing and devouring substance uninhibitedly. Also, we are lucky to have some extraordinary originators ready, who offer an abundance of involvement that might be of some value." said Jasveer Singh, prime supporter and CEO, Zorro
Beginning phase investment firms including Eximius Ventures, Roots Ventures and Venture Catalyst likewise took part in the financing round.
We are residing in the maker's economy and in this way, there is a developing requirement for a pseudonymous stage where you can act naturally. Pseudonymity permits individuals to control their standing and openness to undesirable social communications and burn-through or make content uninhibitedly and decently. This is an extraordinary chance and we have total confidence in the founding group of Zorro," said 3one4 Capital, in an assertion.
The stage is at present permitting clients to join the shortlist and isn't open for all clients yet.
"Continuously a danger of being savaged and focused on for the substance you share. Thus there was a squeezing need for a pseudonymous stage where individuals can have free-wheeling discussions without the dread of being judged. This is an extraordinary chance for us to be a piece of this imaginative stage which we expect can tap essentially 10% of the absolute Indian populace," said Dr Apoorva Ranjan Sharma, organizer of 9Unicorns and Venture Catalysts.