Rigi Raises $12.3 Million Funding From Elevation Capital, Ms Dhoni, Others

Rigi Raises $12.3 Million Funding From Elevation Capital, Ms Dhoni, Others

01/25/23, 1:07 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgbengaluru
Money raised
$12.3 million
Industry
lending and investments
financial services
Rigi has raised Rs 100 crore ($12.3 million) in a funding round led by Elevation Capital. Accel India, Stellaris Venture Partners and Sequoia Capital has also participated in the latest funding round of the online content broadcasting and mentoring platform provider.Rigi has also added new angel investors to its cap table.These include India’s former cricket captain Mahendra Singh Dhoni, Cred founder and CEO Kunal Shah, NoBroker founder and CEO Amit Kumar Agarwal, Country Delight founder Chakradhar Gade, and personal finance content creator Sharan Hegde.The startup said it planned to expand overseas using the fresh capital.Bengaluru-based Rigi expanded its operations to Indonesia, its first overseas market, three months ago, founder and chief executive Swapnil Saurav told ET.“We are creating a lot of tools for creators so we will keep investing in them. We will also keep investing in the tech team so that we create more tools for different categories of creators... we feel this solution can be easily introduced to Southeast Asia countries and other similar geographies,” Saurav added.Discover the stories of your interestBlockchain5 StoriesCyber-safety7 StoriesFintech9 StoriesE-comm9 StoriesML8 StoriesEdtech6 StoriesRigi has raised about $25 million across three rounds within 14 months of inception.It last raised $10 million in a funding round, dubbed Series A, co-led by Accel India, Sequoia Capital India and Stellaris Venture Partners

Company Info

Company
Rigi
Location
bengaluru, karnataka, india
Additional Info
Rigi is a platform for creators, influencers and celebrities to grow, manage and monetise their community. It is aimed at both established and aspiring online creators who want to pursue their passion. Our vision is to enable anyone and everyone to make a successful living doing what they enjoy.

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