Mumbai-based hyperlocal social discovery platform Living Local has raised $200K in seed round of funding from Rattan Chadha, former CEO of Mexx clothing company, reported ET.
Living Local was launched in 2014 by Neeraj Vasudev and Anubhav Anand as a coffee table magazine. In Jan 2016, the social media platform was launched.
The startup focuses on connecting people to restaurants, street food options, nightlife events and other neighbourhood activities. Users can also enquire, recommend and connect with other users in their vicinity through Living Local.
Neeraj Vasudev, co-founder of Living Local, said, “The proof of concept was figured out when we launched the hyperlocal magazine Living Local. Later, we launched the web portal and saw 600 people within suburban Mumbai were active on it. Now we are focusing on designing and launching the app.”
Currently, the startup is focusing on expanding the business, and designing and launching its app by the end of this month.
Prior to this, in March 2016, Delhi-based social discovery app Shouut raised $500K in an angel round of funding from an undisclosed high-net-worth individual in India.
Other players in this segment include Magicpin, Klip.in, Little, Smytten, and Little Black Book Delhi, among others.
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