Flytant Secures Seed Funding to Expand into Global Markets
- ByStartupStory | February 23, 2024
Flytant, an influencer marketplace, has secured funding from Shuru-Up, an Ahmedabad-based digital investment platform, in its seed round, the amount of which remains undisclosed.
“The proceeds will fuel our expansion into the USA and the Middle East,” stated a Flytant representative, highlighting their strategic growth plans.
Additionally, the funds will be allocated towards technological development, enhancing the platform’s capabilities and bolstering its flagship product.
Established in 2020, Flytant boasts a user base of over 600,000 registered influencers, marking a significant milestone in its journey.
“Our platform offers brands transparency by facilitating direct connections with influencers without commissions,” the representative emphasized, elucidating Flytant’s value proposition.
Moreover, Flytant provides brands with comprehensive analytical data to aid in influencer selection, ensuring campaign success.
“We compile influencer profiles from various social media channels, offering brands a curated selection tailored to their needs,” the representative added.
The platform democratizes influencer marketing, allowing nano, micro, and macro influencers to monetize their content independently.
“We aim to liberate influencers from traditional agency dependencies,” stated the representative, emphasizing Flytant’s mission in empowering content creators.