GenWise, Togai, others raise early-stage funding
Summary
Founded by Geetanshu Singla, Nehul Malhotra and Rajat Jain, GenWise is an application made for the older generation, to help them in their digital journeys. For them, the need to have an enabler to simplify the use of technology was overlooked, said Malhotra.Founded by Abhishek Rajagopal, Aravind Sriraman, and Tholkappiyan Velavan, Togai is a metering and pricing platform for B2B companies. We are excited to expand our reach to additional territories, said Abhishek Rajagopal, co-founder and chief executive officer, Togai.The round also saw participation from Fluid Ventures and M Venture Partners along with new angels Rajesh Sawhney (GSF Accelerator), Sridhar Sankararaman (Multiples PE), and Ramesh Menon (Ex-Future Group, Hypercity) along with existing investors DSG Consumer Partners. Its products are available through its website, which contributes to approximately 40% of overall revenue, e-commerce sites and 70 stores of Reliance Retail and Modern Bazaar. It houses diverse musical genres, including folk, classical, devotional, contemporary, etc and is also functional in the domain of Sync License Rights.