A funding round led by Blume Ventures has helped Mayank Bidawatka-led consumer tech startup; Billion Hearts.

General Catalyst and Athera Venture Partners joined in on the event. The startup raised $250,000 in September which came from the founders and top executives of RedBus, Ola, InMobi, Flipkart, Myntra, and others.

The company plans to use the proceeds from the deal to build a global team and enhance its technology, according to Bidawatka. It currently has a team of 11 members with plans to grow to 15 by early next year.

The goal is to create digital consumer products for the users worldwide by addressing under-served needs and problems of people all around the world. He said that the mobile app is being developed for the global smartphone market.

The Bengaluru-based company, which was started in August, is currently accepting sign-ups. The first product is slated to have its beta launch in early next year for selected users initially. The first product is scheduled to have its beta launch in early next year. Both Android and iPhone devices will have the app available.

Currently, there are very few consumer tech startups in the works. Most of the firms you see are primarily commercial. There are only a few serial entrepreneurs in the consumer tech space who are also developing global products.

"Billion Hearts plans to create digital products for people all over the world," said Karthik Reddy, partner at Blume Ventures.

In a few months, the first product will be launched. The product is still in development, but it addresses a broad need that will appeal to smartphone users of all ages.