B2B2C startup: Rigi.Club bags $10 Mn In Series A Funding
- ByStartupStory | April 20, 2022
Rigi.Club, the B2B2C startup is a platform for creators, influencers and celebrities to grow, manage and monetise their community, that has raised about $10 Mn in a Series A funding round.
According to the startup, to develop and expand its team and products, the fund raised will be used, which will ultimately be scalable across millions of users.
Accel India, Sequoia Capital India and Stellaris Venture Partners co-led the round. The round also saw participation from prominent angel investors Nitish Mittersain (Nazara), Anupam Mittal (Shaadi.com), Apaksh Gupta (OneImpression), and creators including Tanmay Bhat, among others.
Rigi.Club, founded in October 2021 by Swapnil Saurav and Ananya Singhal, has the mission to empower creators in order to manage and monetise their communities across platforms including Telegram, WhatsApp, or Instagram.
As per the Bengaluru-based startup, to launch courses, conduct paid webinars, and launch free and paid communities through its app, Influencers can use Rigi’s platform.
Rigi.Club has raised A total of $11.2 Mn has been raised by Rigi.Club in funding so far from Sequoia Capital India, Accel Atoms, and Stellaris Venture Partners, told Singhal in a report.
Rigi has built a user base of more than 200,000 users, over the last five months. Within the 18 to 24 years of age group across Indi, aits user base has spread. The startup aims to increase this user base by more than 10 times.in the next 12 months.
The startup has been growing at the rate of about 100% month-on-month, since its launch. It is heartening to see that the startup has helped influencers more than triple their earnings, within two months, added Saurav.
Furthermore, Rigi.Club was part of the first cohort of Accel Atoms, a program by Accel India in order to support Pre-Seed startups.
In less than five months since its launch last year, Rigi.Club has surpassed 50K downloads, and 150K users.
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