Woovly, which is a social media discovery platform, has now secured $2.5 million in the second seed funding round led by the Duane Park, a venture launched by the India Equity Partners co-founder Anurag Bhargava.
Woovly had previously secured $350000 in the seed funding round from the US-headquartered venture capital form SOSV.it is, as of now, a part of an SOSV MOX accelerator program.
Woovly, which is based out of Bangalore, helps people to search and explore the bucket list ideas and activities. Founded by the Neha, Venkat, and Hithendra, the platform was formally launched in the month of February this year. It aggregates the potential sales deals in the form of wish lists and connects the users to local experience providers.
“The next phase of our growth is about on-boarding as many local service providers as possible on the platform and to run the whole fulfillment of the requests. Merchants will be able to sign up, create profiles, list their products and services, and sell them to users on the platform. We are following a very hand-picked approach to creating a highly curated, high safety, and high-quality list of local vendors offering unique experiences,” Venkat said.
