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News driven Micro Social Network Startup Yoro raises Seed Funding through ah! Ventures Angel Platform |
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| News driven Micro Social Network Startup Yoro raises Seed Funding through ah! Ventures Angel Platform. ah! Ventures’ has done 120 investments in 92 Startups till date taking its total investment portfolio to INR 267 CR (~35 MN USD) with 14 exits and 23 follow on rounds. 20 investments have happened through all three platforms in 2022 till date. |
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| Yoro is revolutionizing the news ecosystem for consumers & other stakeholders, by truly realizing their goals and designing from the ground up to make them successful, happy & aware in these times of social clutter, vast quantity of content & intense attention economy competitions. |
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| Sapan Shah, founder of Yoro says, “Consumer's definition of what news is, how to consume it, how it affects them and how to use it has changed a lot in recent times. Technology breakthroughs, omnipresent social graphs & user experience leaps have made the modern consumer more aware & wanting. They want to be in control of their consumption and want a better engagement with sources. They are willing to rely on credible curators as well as their own social ecosystem, leveraging their credibility to get the right kind of content. We are building innovations in this space to put the users first, enlighten & delight them while taking their pain points away. e.g. during Corona times, we realized the overwhelming negativity in the overall news space & how people were being affected mentally just being surrounded by this type of content. For that, we rolled out a feature called "Happy Mode" which promises the user to not show any news with negativity like disease, death, crime. And our users have been loving Happy Mode a lot!" |
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| Sapan also adds, “We are very fortunate that ah! Ventures recognized this problem and vision and feel extremely happy to be working with them, taking our product to the next level. They have great depth of knowledge in the ecosystem and about the market. It has been a good journey with lots of learnings so far and we are looking forward to an exciting collaboration for all of us.” |
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| “Our decision to support Yoro has been a good one. Over the past few months, the traction is encouraging and product has got some exciting new features. I believe this funding round will fuel the growth from all aspects and users will start relying more on Yoro for ‘no noise news’.", said Amit Kumar, Senior Partner, ah! Ventures. |
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| Interested in knowing more about this venture, write to Amit at amit.kumar@ahventures.in.
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| ah! Ventures is one of the world's largest fundraising platform for early stage startups raising up to 10 MN USD. ah! Ventures has three platforms: First Gear, which helps startups raise upto 1 CR, Angel Platform, which helps startups raise upto 1 MN USD and High Tables Platform, which helps startups raise 1-10 MN USD. Today ah! First Gear, Angel and High Tables platforms have over 70000+ entreprenurs, 5000+ seed/angel investors and over 1000 VCs & institutional investors registered with it. ah! First Gear, Angel and High Tables platforms till date have invested INR 267 CR (~35 MN USD) in 92 startups & 120 investments and have announced 14 exits & 23 follow on rounds. |
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| Contact: Abhijeet Kumar, abhijeet@ahventures.in
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