Portal for young parents, BabyChakra has raised angel funding from The Patni Family Office, Satveer Singh Thakral from the Singapore Angel Network, Karan Maheshwari, Jatin Aneja, Kishor Ganji, Roopa Nath among others. .
Founded in 2014, BabyChakra aims to disrupt the ways young parents in India discover & select local services such as child specialists, playschools, day-cares, prenatal classes, play areas etc. It helps parents make informed choices on local services through their proprietary MomStar program, verification and social integration.
The founding team comprises of Naiyya Saggi (Harvard Business School and a former McKinsey consultant), Mitesh Karia (FMS Delhi, formerly with HSBC) & Mohit Kumar (IIT-Delhi, DzignUp co-founder).
In the last year, they have scaled to 3 cities in India: Mumbai, Bangalore and Delhi and have helped more than 2.5 lakh Indian parents connect to over 5500 local services.
“We backed the team at BabyChakra for 2 reasons. Firstly, BabyChakra is a truly innovative product that solves a real need for young parents today: making better, more informed care decisions for their families. Secondly, the team has, in a short span of time, executed fast, shown strong traction & loyalty in users and is set to scale rapidly. We are excited to join BabyChakra on their journey to being a game-changing made-in-India venture”, said Karan Maheshwari, Deal Lead for Mumbai Angels.