Creator Monetisation Platform, ReDesyn raises USD 500K led by Fluid Ventures, Capriglobal, Modular Capital, Anthill Ventures
Summary
New Delhi [India], August 19 (ANI/SRV): Mumbai-based Creator Monetisation Platform ReDesyn will use this capital towards strengthening the core team, expanding its product offering, creator acquisition and building a robust supply chain.ReDesyn has raised USD 500K in a bridge round led by Fluid VC, Capri Global, Modulor Capital, along with existing investors; Anthill Ventures, Siliconroad VC, Paipal Ventures, and other angels. Primesec, Chanakya VC and Sarcha Advisors also participated in the round.ReDesyn is a PaaS (platform as a service) that lets creators, communities and apps launch custom merchandise for fans at no minimum under their white labeled storefronts. "Our decision to invest in ReDesyn is driven by our belief in the founders, their vision, network, domain expertise and ability to build a monetisation layer for the creator economy. From an artisan to an independent fashion designer, fitness experts to entertainers; he/she can now build a direct relationship with consumers.Bhavish Sood, General Partner @ Modulor Capital commented, "Creator DNA to the commerce value chain is fundamentally broken and ReDesyn is in our opinion is one of the few platforms that solves this problem effectively". Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.