Parentlane has raised an undisclosed amount in an angel round of funding.
The round of funding has been led by Sujeet Kumar (Former President – Flipkart), Aprameya (Founder, Taxiforsure), Sumit Jain (Co-Founder & CEO, Commonfloor.com), Subramanya Venkat (Ex-Managing Partner, Bessemer Venture Partners & Co-Founder-Fisdom.com), Venk (Managing Partner – NuVentures), Ravi Machani (IndiVillage LLP), Hitesh Gupta (Founder – Vcbytes), Rohit Choudhary (Hortonworks) and others
Parentlane, is a social platform to guide parents with personalized & trusted advice on the overall development of their child from the time the child is born till 8 years.
Parentlane will use this round of funding primarily on product development and mobile technology to enhance value delivery, user experience and engagement rate on the platform.
The funding will also be used to do selective and targeted marketing to build it’s community base & content.
On the funding, Vijay Anand, CEO and Co-founder, said, “Our plans for 2016 include investments in product development and technology to deliver personalized value & experience to Parentlane community in an engaging platform.”