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Kofluence Bags $4 Million In Funding Led By Zerodha Cofounder, Others

Feb 08, 2022•over 3 years ago

Amount Raised

$4 Million

Round Type

seed

Mumbai

Description

Mumbai: Influencer marketing platform Kofluence on Tuesday said it has raised $4 million (Rs 30 crore) in a funding round led by Nikhil Kamath, cofounder of Zerodha and True Beacon.

Company Information

Company

Kofluence

Location

Mumbai, Maharashtra, India

About

ETtechThe Bengaluru-based company said in a statement it will use the funds to further develop its proprietary platform, accelerate hiring across multiple geographies and scale up for expansion. The ad-tech platform provides a collective reach of over 1.6 billion through its creator ecosystem. Influencer marketing platform Kofluence on Tuesday said it has raised $4 million (Rs 30 crore) in a funding round led by Nikhil Kamath, cofounder of Zerodha and True Beacon. Founded in 2019, Kofluence provides a data driven AI-led platform with a vision to democratise the Creators’ economy landscape in India.