Company Name : Reach App
Funding Amount : $500,000
Investor(s) Rebright Parners, Ankur Singla, Ankur Warikoo, Durgesh Kaushik
Funding Round : Pre-Series A
Discovery and sharing platform Reach app has raised $500,000 from Rebright Parners along with Sol Primero, Nearbuy CEO Ankur Warikoo, Ankur Singla CEO of Helpchat, Durgesh Kaushik CMO of Edureka, Pritesh Gupta founder of Zipgo, Anunay Gupta, Partner Analytics at Brillio and Sudhir Anandarao.
The app lets its users discover applications, audio files, download games, and other media available in your friends’ mobile.
Eventually, Reach has plans to reach out to more users and introduce links as another file type. The saved links can be accessed by others from their phones. In the future, there will also the provision to share images, pictures, and videos using the app, with the user controlling what is visible to others and what is not.
The P2P technology of the Reach app has been used to “create a social graph between friends via sharing and discovery of content being consumed by their peers every day,” Ashish Kumar, tech-founder.
“We aim to be one of the biggest consumer products coming out of India and scale globally. The social emotion of peeking inside your friend’s phone and discovering content opens up new ways of discovering valuable information. It totally changes the way people exchange content via their phones today.” –Abhay Pruthi, Founder.