Mumbai-based startup Babychakra which helps young parents discover and select services for their kids has raised angel round of funding led by Mumbai Angels. The Patni Family Office, Satveer Singh Thakral from the Singapore Angel Network, Karan Maheshwari, Jatin Aneja, Kishor Ganji, Roopa Nath also participated in this round of funding.
BabyChakra exists to make being a mother easier. By connecting moms and by sharing to their recommendations, BabyChakra helpsto make meaningful decisions about services and products for mother and baby.
The funds raised in this round will go in hiring and to further accelerate traction. “Our vision is to be the platform for all Indian families use to make better everyday decisions for themselves and their children. Its great to have the backing of an incredible group of investors who believe in us and our ability to disrupt at scale,” founder Naiyya Saggi said.
Babychakra was founded by Harvard Business School alumni Naiyya Saggi who is also an former McKinsey consultant, Mitesh Karia, an FMS Delhi alumni and Ex-HSBC & Mohit Kumar, an IIT-Delhi, and DzignUp co-founder.
Karan Maheshwari, Deal Lead for Mumbai Angels, said,“We backed the team at BabyChakra for 2 reasons. Firstly, BabyChakra is a truly innovative product that solves a real need for young parents today: making better, more informed care decisions for their families. Secondly, the team has, in a short span of time, executed fast, shown strong traction & loyalty in users and is set to scale rapidly. We are excited to join BabyChakra on their journey to being a game-changing made-in-India venture.”
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