Excl: IAN incubatee Joognu raises over $100K in angel funding, to switch to freemium model

▤ Summary

Joognu Technologies raised Rs 60 lakh in angel funding and plans to use the money for product development and marketing. The company runs Joognu.com, a memory-keeping platform for parents that stores photos, videos, documents, and diary entries in a structured format. It has shifted from an offline subscription franchise model to a free online model and plans to move to freemium once it builds a larger user base. The startup says it already has 12,000 members across 48 countries and will pursue a larger round of $2-3 million in the next 3-6 months to expand into SAARC, the US, and the UK.

$ Funding

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