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Social Community Platform Pankhuri Lands $3.2 Million From Sequoia'S Surge, Others

Jul 13, 2021•about 4 years ago

Amount Raised

$3.2 Million

Round Type

seed

Description

Pankhuri, a social community platform for women on Tuesday announced a $3.2 million in funding led by Surge, a rapid scale-up program by Sequoia Capital India for startups in India and Southeast Asia, alongside India Quotient and Taurus Ventures.

Company Information

Company

Pankhuri

About

While there are over 240 million digitally connected women in India, only 27% of social media users in India are women, the company said in a statement. Pankhuri was founded in 2019 by Shrivastava who had previously co-founded home rental startup Grabhouse that was acquired by Quikr in 2016. Pankhuri is a platform for women in India to network, learn and shop through live streaming, chat, and cohort-based sessions, enabling them to be active participants in beauty and lifestyle conversations online instead of being passive consumers.