Inclov Will Use The Pre-Series A Funding To Expedite Global Expansion Plans
Inclov, a matchmaking app for people with disability and health disorders, has raised an undisclosed amount of Pre-Series A funding. The round saw participation from angel investors Rajan Anandan, Jamil Khatri, Ravi Iyer, Debjani Ghosh (Ex-MD, Intel South Asia) and Quintillion Media’s founder Raghav Bahl (also the founder, Network 18).
The startup will use the funds towards product development and geographical expansion in the coming years.
“We are glad and thankful to have investors like Rajan Anandan, Raghav Bahl and Debjani Ghosh among others onboard in this round. Their involvement reaffirms our faith in the Inclov’s strong business model and market approach. They also bring in immense credibility and experience with them which will help Inclov growth strategically in the coming months. This is critical at a moment when we are scaling rapidly and intend to serve an increasing influx of users,” said Kalyani Khona, CEO & co-founder, Inclov.
Gurugram-based Inclov (formerly known as Wanted Umbrella) was founded in 2014 by Kalyani Khona and Shankar Srinivasan. It is a matchmaking app accessible worldwide to differently-abled people and matches users on the basis of cure availability, medical condition, level of independence, and lifestyle choices.
Inclov has a fully-accessible mobile app with talkback and colour change features. People with visual impairment, retinal disorder, cerebral palsy, and colour blindness among many others can easily access this app without any dependency on friends and family members.
Last year in August, Inclov had raised an undisclosed amount of funding from Sarbvir Singh, former MD of Capital 18, etc. Quintillion Media’s founder Raghav Bahl, had earlier participated in the Seed funding round. He said, “We were particularly attracted to the Inclov investment because the venture attempts to solve a difficult social problem for an under-served community (having dealt with a disability myself, I could immediately understand the ‘powerful need’ that this app will be fulfilling for specially-abled people). So the pull of this investment wasn’t just a commercial one – it was, in equal measure, the ‘do good’ sentiment that is native to this enterprise that was compelling.”
The Inclov app was launched in January 2016 and currently has about 17,000 users on its platform, and has facilitated 6,000 matches. The company claims to have witnessed a four-fold organic growth over the last few months. The company is currently gearing up for global expansion.
To increase its online presence, Inclov has also launched Social Spaces. It is an offline platform, wherein the app users and others from the community meet in-person at accessible venues across the country. With the recent round of funding the startup, matchmaking app for the disabled- Inclov will look to expand its presence to the global market. Other players in the dating/matchmaking segment include TrulyMadly, OkCupid, Tinder, Woo, Aisle, etc.
