Aisle Completes Funding Round For Undisclosed Amount
Aisle has closed its pre-Series A funding round after raising an undisclosed sum.
The round was led by Hurun India and Konglo Ventures, with participation from a number of existing and new angel investors.
The money is due to be used to drive Aisle’s strategy of entering Tier-II markets across India, as well as expand its reach to Indians living overseas.
Able Joseph, Aisle’s founder and CEO, said in a statement: “Things have changed since the lockdown, Tier-II cities are showing growing acceptance to technology and its use in their daily lives.
“This fundraise will help us execute some of our plans for Bharat and help young Indians in their late 20s and 30s meet someone special while also honouring our traditions.”
Vinod Jose, founder of Konglo Ventures, added: “It has been a privilege to have a courtside seat over the last 4 years to watch how Able and his fantastic team at Aisle have created a space for themselves in one of Internet’s oldest sectors.
“I am excited to continue supporting them as they prepare for their next growth phase and continue to solve a major problem in the lives of young aspiring Indians.”
Aisle recently added a new feature to help users interact with other members that they haven’t matched with. ‘Rooms’ is a way for people to have fun conversations while live streaming to a listening audience.
Visit the Aisle website here.