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Hyper-local sharing app Pulse raises $500,000 From SAIF Partners

News18.com

First published: November 30, 2016, 5:32 PM IST | Updated: 4 days ago
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Hyper-local sharing app Pulse raises $500,000 From SAIF Partners
Pulse was co-founded by IIT Roorkee alumnus Karthik Vaidyanath, and Prakhar Khanduja, in late October 2016. (Image: Pulse)

Pulse, a social networking app enabling users to stay connected with college/school communities, has raised $500,000 in funding from SAIF Partners. With the freshly raised funds, Pulse aims to expand its presence to other cities including Pune, Bangalore, Mumbai, Chandigarh, Manipal, Chennai, Hyderabad, etc and to ramp up its technology team.

Pulse was co-founded by IIT Roorkee alumnus Karthik Vaidyanath, and Prakhar Khanduja, in late October 2016. The core idea behind the app was to create a platform for the millennials, where they would not only consume content that is locally relevant to them but also create and share it with a very geo-specific community.

The main USP of Pulse is that it gives its users access to hyper-local content around them, and a platform to contribute to & share it with a wider group within college and across college communities.

Pulse, in the previous round of funding, had raised capital from eminent Angel Investors like Rajan Anandan, Rajesh Sawhney, Anupam Mittal, Uday Shankar (CEO, StarTV), Anand Chandrasekaran, Amit Ranjan, etc. They’re currently in talks with investors in India, China & the US for a larger round.

Pulse had raised $500,000 seed from SAIF Partners a few months back.

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