Knocksense Raises $1 Million in Pre-Series A Funding, Lucky Ali Among Investors
- ByStartupStory | July 5, 2023
Lucknow-based hyper-local content-driven commerce platform, Knocksense, announced on Wednesday that it has successfully raised $1 million in a pre-Series A funding round. The funding was secured from a diverse group of investors, including renowned singer Lucky Ali. Knocksense aims to connect the youth in smaller cities with greater opportunities through its engaging content and commerce offerings.
Commenting on the investment, Lucky Ali expressed his support for Knocksense’s mission, stating, “Knocksense is fostering an authentic community that connects the youth in smaller cities with greater opportunities through engaging content and commerce.”
The funding round also saw participation from prominent investors, including Nitish Mittersain, Mohit Satyanand, Avnish Sabharwal, Alok Natha De, We Founders Circle, Lets Venture, Mumbai Angels Network, and Imperier Holdings.
Founded by brothers Vibhore Mayank and Varul Mayank, Knocksense leverages digital content and live entertainment to engage its community of users and brands in Tier II cities. Currently, the platform has a presence in four Indian cities, namely Lucknow, Kanpur, Indore, and Ahmedabad.
Expressing their gratitude, the founders of Knocksense stated, “Lucky Ali’s belief in our mission strengthens our resolve to empower young users and local brands in smaller cities through hyper-local content, events, and commerce. We are excited to leverage his expertise and guidance as we continue to shape the future of Knocksense.”
In other news, Bengaluru-based silver jewellery brand GIVA has raised Rs 200 crore ($27 million) in a Series B funding round led by Premji Invest. GIVA specializes in fine silver jewellery and will utilize the funding to expand its business operations.
Additionally, early-stage EV (electric vehicle) firm Vegh has secured $5 million in a pre-series round of funding. The startup plans to allocate the funds towards enhancing its working capital, establishing a robust sales and distribution network, expanding its manufacturing capabilities for EV parts, and investing in research and development initiatives.
Follow Startup Story
Related Posts
