Blue Circle raises fresh funding from CXOs to boost professional networking app
- ByStartupStory | April 4, 2023
On Monday, professional networking startup Blue Circle announced that it has secured a new funding round from top executives in private equity, technology, healthcare, and legal sectors. The Gurugram-based startup has raised over $500,000 in two rounds of angel funding and intends to hold a pre-series A round within the next few months, according to a statement.
The Blue Circle App is currently available only to senior executives with over 15,000 C-suite Executives exchanging business requirements, opportunities, and insights. According to a statement, Blue Circle has raised more than $500,000 through two angel funding rounds and is planning a pre-Series A round in the next few months. “I am grateful to the investors for their confidence in us and the impetus their presence brings. We are introducing exciting new tools for members to collaborate and harness India’s multi-sectoral growth synergistically,” said Blue Circle Founder and CEO Siddharth Anand.
To date, the Blue Circle App has facilitated the exchange of numerous business opportunities across 31 different sectors, with the most highly trafficked ones being tech, e-mobility, renewable energy, healthcare, and agriculture. Blue Circle has launched a new version of its app, Blue Circle 2.0, to facilitate the exchange of business opportunities among its members. The new version includes a unique tool that helps members find professionals who are open to collaborating on projects related to their jobs and interests.
In addition, the platform invites content creators and contributors to share industry content and conversations. Blue Circle has already enabled tens of thousands of connections and conversations among its members and has hosted over 100 offline and virtual events across sectors, providing quality member engagement.
Leading private equity, tech, healthcare and legal sector professionals, including Arvind Nair, Malahara Raju Pinnelli, and Shivpriya Nanda, have invested in Blue Circle, a professional networking startup based in Gurugram. The company has raised more than USD 500,000 through two rounds of angel funding and plans to launch a pre-series A round in the next few months. Blue Circle’s exclusive app for senior leaders has facilitated the exchange of thousands of business opportunities across 31 sectors, and the newly launched Blue Circle 2.0 version allows members to find professionals interested in collaborating on projects related to their jobs and interests.
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