Amount Raised
$12.3 Million
Round Type
Funding Round
BengaluruFinancial ServicesLending And InvestmentsDescription
Rigi has raised Rs 100 crore ($12.3 million) in a funding round led by Elevation Capital. Accel India, Stellaris Venture Partners and Sequoia Capital has also participated in the latest funding round of the online content broadcasting and mentoring platform provider.Rigi has also added new angel investors to its cap table.These include India’s former cricket captain Mahendra Singh Dhoni, Cred founder and CEO Kunal Shah, NoBroker founder and CEO Amit Kumar Agarwal, Country Delight founder Chakradhar Gade, and personal finance content creator Sharan Hegde.The startup said it planned to expand overseas using the fresh capital.Bengaluru-based Rigi expanded its operations to Indonesia, its first overseas market, three months ago, founder and chief executive Swapnil Saurav told ET.“We are creating a lot of tools for creators so we will keep investing in them. We will also keep investing in the tech team so that we create more tools for different categories of creators... we feel this solution can be easily introduced to Southeast Asia countries and other similar geographies,” Saurav added.Discover the stories of your interestBlockchain5 StoriesCyber-safety7 StoriesFintech9 StoriesE-comm9 StoriesML8 StoriesEdtech6 StoriesRigi has raised about $25 million across three rounds within 14 months of inception.It last raised $10 million in a funding round, dubbed Series A, co-led by Accel India, Sequoia Capital India and Stellaris Venture Partners
Quick answer
Rigi raised $12.3 Million in a Funding Round round, dated January 25, 2023. Rigi is based in Bengaluru, Karnataka, India.
- How much did Rigi raise?
- Rigi raised $12.3 Million in a Funding Round round on January 25, 2023.
- What does Rigi do?
- Rigi is a platform for creators, influencers and celebrities to grow, manage and monetise their community.
- Where is Rigi based and how big is it?
- Rigi is based in Bengaluru, Karnataka, India.
Source: Fundz verified event record.
Who else raised in Financial Services and Lending And Investments around the same time
Companies in the same sectors as Rigi that raised within 45 days of this round, from Fundz verified event records.
- Entelligent Inc. raised $1.1M (Series A) on February 1, 2023.
- Milo raised $12M (Funding Round) on January 8, 2023.
- Unrivaled Brands raised an undisclosed amount (Funding Round) on January 6, 2023.
- Amber Group raised $300M (Funding Round) on December 16, 2022.
- ORKA Finance raised $4.9M (Seed) on March 10, 2023.
- Synctera raised $15M (Funding Round) on March 9, 2023.
Who to call at Rigi, and when
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- An alert the day Rigi raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Rigi, from your own LinkedIn network
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Rigi raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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