Bangalore-based OnlineRTI, an online service to file Right to Information (RTI) applications, has raised about $150K (INR 1 Cr.) in an angel round of funding from LetsVenture, Mohandas Pai, and existing investors.
Nipun Goyal (president IIFL), Bhupen Shah (co-founder of Sling Media) and early stage investment firm Oilphans Capital also participated in this round.
Founded in 2014 by two engineering graduates, Pradeep Bhatt and Vinod Ranganathan, OnlineRTI, is a website where people can file RTI applications without any of the hassles.
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The raised capital will be utilised for product development and marketing.”The mass adoption of the internet economy is having a transformative impact within India and OnlineRTI is leveraging that to simplify a process of obtaining and applying for RTI. They are raising funds on LetsVenture for the second time,” said, Shanti Mohan, chief executive of LetsVenture.