Company Name : Ketto
Funding Amount : $700K
Investor(s) Pradyumna Dalmia, deal champion of Calcutta Angels and Sudhir Rao, deal champion of The Chennai Angels and co-founder of IndusAge Partners..
Funding Round : Angel round
Mumbai based crowdfunding platform for social, personal and creative projects, Ketto has raised $700k in funding led by Pradyumna Dalmia, deal champion of Calcutta Angels and Sudhir Rao, deal champion of The Chennai Angels and co-founder of IndusAge Partners.
The other investors in the round include Singapore Angel Network, Anupam Mittal, Indian Internet Fund, Letsventure, Chennai Angels, Calcutta Angels, Intellecap Impact Investment Network (I3N), Ah Ventures, and Project Guerrilla.
Founded in October, 2012 by Varun Sheth, Bollywood actor Kunal Kapoor and Zaheer Adenwala, Ketto plans to double its technology and business development team with an aim to reach $100m in volumes by crowdfunding.
Ketto also plans to expand operations in Singapore, Indonesia, Malaysia, among other South-East Asian countries.