FRND, a Bengaluru-based audio romance and good friend discovery startup, has raised $6.5 million in Collection A funding spherical led by South Korean gaming big Krafton, the makers of the favored battle royale recreation, Battlegrounds Cell India (BGMI). This Collection A spherical additionally noticed participation from the corporate’s earlier buyers India Quotient and Elevation Capital.
It permits kids to attach with one another by means of live-streamed codecs like FRND Relationship and audio video games like Raja Rani Chor Police, Voice Match and different informal video games, with deal with creating 1-on-1 connections.
Customers can join by way of audio in a pseudo-anonymous method and begin conversations by means of a matchmaker. The matchmaker-led recreation and chat rooms on the platforms include sure moderation programs that enable girls and boys to attach and have protected but partaking conversations.
Bhanu, CEO and co-founder of FRND, mentioned “There’s a big untapped alternative within the Indian romance market, the place kids join and work together with the other gender over the web. We’ve been working in the direction of offering a safer platform to the Indian youth, particularly women. The security measures and state-of-the-art algorithms make FRND simply the precise app for these subsequent billion customers to have a novel expertise in a managed manner.”
He additional added, “With this funding we’re taking a look at rising FRND from the present 10 Indian languages, strengthen our know-how ecosystem and enhance our footprint each inside India and internationally.”
Sean Hyunil Sohn, Head of India Division at Krafton mentioned, “This funding is aligned with our efforts to accentuate our dedication to the startup ecosystem in India. FRND is a novel product that’s disrupting a complete class with a novel native answer that world firms will discover robust to adapt to. We see nice potential on this high-volume transaction digital startup and are completely happy to put money into their progress story. We’re pushed to creating a distinction to the digital ecosystem on this nation and can proceed exploring extra such alternatives the place we will again younger and rising start-ups.”
FRND is presently out there on Google Play retailer.
Supply: Live Mint