Mumbai-based TagMango, which offers a marketing platform for creators, on Friday said it has raised $750,000 (approximately Rs 5.5 crore) in a seed funding round.
The round was led by startup accelerator Y Combinator, with participation from Twitch co-founder Kevin Lin, XRM Media Pioneer Fund, and undisclosed angel investors from the USA and UAE.
In a statement, TagMango said that the proceeds from the round will be deployed to build the platform’s tech capabilities and expand its creator base, with a focus on influencers from India.
The duo founded TagMango in 2019 with a goal to offer Indian creators and influencers monetization channels and tools. It offers one-time subscription-based services, including exclusive content, one-on-one sessions and video chats, to build a sustainable business.
So far, the platform has on-boarded more than 3,000 creators with a follower base ranging from thousands to millions across social media platforms.
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