Funding Alert

Adicube, an Influencer marketing startup has raised INR 12 Cr in a pre-seed funding round


In pre-seed funding, Adicube has raised INR 12 Cr round led by Pitcherlabs Ventures and other investors. this round saw participation from many other angel investors like  Chandrahas Panigrahi, Edukemy founder,rijesh Damodaran, and  Ashish Padiyar.

A 21-year-old Sreetam Panda is the founder of influence marketing startup Adicube. It was founded in May of 2021. This startup allows brands to connect with influencers. It helps companies to formulate their influencer strategy and deliver a trusted influencer engagement to brands.

Adicube

Panda further said that they aim to make this platform ‘Flipkart of the influencer marketing ecosystem.’ With the funding, he is looking to double down the growth of Adicube and emerge it as the go-to platform for both the  influencers and the brands.”

Talking about finances he added that Panda said that the startup was growing at a swift pace and observing an Annualised Run rate (ARR) of INR 100 Cr by the end of 2022. Adicube has partnered with a couple of brands including Unacademy, Fampay, Groww, Edukemy and CoinSwitch Kuber.

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