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The startup plans to use the freshly raised capital to accelerate strategies for developing skills for its users and invest in product innovation. Mr Sujeet Kumar who is the co-founder of Udaan and former Flipkart executive also participated in the funding round. Manch startup will use the fund of Rs. 5 crores to grow product modification and acquire users.
The CEO and co-founder Mr Pritam Roy told The Economic Times that “People mostly seek news and content related to their interest and actively do discussions around these topics in their local groups. At Manch, we are focused on understanding this behaviour and re-imagining the medium which best captures the opinions of these users.”
Who are the biggest competitors for Manch Startup?
Stellaris Venture Partners partner Mr Rahul Chowdhry share why they seed funding in Manch Startup — “No platforms trying to build a community or discussion platform for the local audience. We believe that Manch is solving a need by creating a discussions platform for the vernacular audience.
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