App Maker Hashtaag Raises $1 Mn Angel Funding

Bengaluru-based Hashtaag, a mobile consultancy, design and development firm has secured $1 Mn in angel funding.

The startup will use the funding to hire better talent, build better products and expand operations further in India and globally.

Krishna Vemula, Chairman and co-founder of Hashtaag said, “We intend to make rapid inroads in the design-led app engineering space, and with this additional funding impetus we can continue to focus on delivering the best products to meet our client’s needs: with our fundamentally unique business model and value propositions.”

Hashtaag was founded by Krishna Vemula and Jayavardhan B N in 2015. It employs over 40 mobile app developers, designers and support staff.

Hashtaag also has an office in San Francisco, California which caters to serial entrepreneurs in the US. It aims to reach 100 plus employees by the end of 2016 in India and has already set up additional offices in Chennai and Mumbai and plans to expand globally, the company said in a statement.

Other startups in this segment include Grappetite, Starters quad, etc.

The development was reported by ET.