South Indian music recording company, Lahiri Music\u2019s family office has invested an undisclosed amount of funding in two startups - dating application Happn\u00a0and fintech application\u00a0WhatsLoan.\r\n\r\nThe move on Lahiri Music\u2019s part\u00a0comes as an attempt to diversify business across different industries. Investment banking firm CreedCap Asia Advisors was the advisor for the funding deal.\r\n\r\nCommenting on the investment, Chandru Kuma, Director, Lahiri Music said, \u201cWe have been in the music industry for a very long time and we realised we need to branch out, not just stick to music.\u201d\r\n\r\nThe investor has not\u00a0disclosed the amount of stake it has acquired in the two companies. As per an ET report, the company aims to acquire\u00a026% or more stake in the startups where it further plans to invest. The company is planning to invest in two more companies this year.\r\n\r\nAs per an official statement, the family office average ticket size is somewhere between $500K and $10 Mn, across sectors including consumer and media.\r\n\r\nLaunched in 2014 by Didier Rappaport, Happn is based out of Paris. It is a dating app that allows people to connect on the basis of shared interests and social outings. As per its website, it is globally present in more than 40 cities, including London, New York, Sao Paulo, Madrid, Sydney, and Moscow. It claims to have garnered over 25 Mn users worldwide.\r\n\r\nHappn\u2019s funding also saw participation from Nimish Arora, co-founder, DCTex Furnishings. The app directly competes with others like Tinder, TrulyMadly, Okay Cupid, and Match.\r\n\r\nOn the other hand, Bengaluru-based fintech startup WhatsLoan was launched by Timmana Gouda D and\u00a0Anand Karthik Tumuluru. The startup connects potential buyers and lenders with each other using technology. The mobile-first app operates as Loan as a Service-LaaS platform.\r\n\r\nThe startup plans to deploy the raised funds towards building its tech platform. It competes with bigger players like Rubique, RupeePower, BankBazaar, Finrek, Monexo among others.