Ahmedabad-based CityShor, an online lifestyle media recommendation portal, has raised an undisclosed amount in angel round of funding from GAIN, a Vadodara based Angel Network.
Founded in 2013 by Pallav Parikh and Pankaj Pathak, CityShor is promoting unexplored or new in the city in lifestyle segment i.e. food, fashion, travel, home decor and other categories.
For individuals: the startup offers what’s best in Ahmedabad in food, fashion, travel, events, home decor and entertainment; the unusual, and unheard stuff of Ahmedabad.
For businesses: CityShor is a visually heavy online media company, that aims to fill the gap left by print, radio, and hoardings, and which can help cover/promote a product.
The company claims to be generating more than INR 2 Cr. revenue next year. It has its presence in Ahmedabad since more than 3 years and Pune for more than two years.
The startup will use the funding to launch in Bangalore, expand its content distribution & increase the team strength.
GAIN is a Vadodara based angel network with focus on investing in startups in tier-II and tier-III cities. It is creating a platform for investors in these cities to identify, mentor and invest in startups.
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