Fan monetisation platform ReDesyn has raised Rs 3.5 cr
Real Time Angel Fund (RTAF), an early-stage investor, led an investment round to obtain Rs 3.5 crore ($426,584) for ReDesyn, a platform that assists digital content creators in making money from their audience. Sukhbir Singh, a vocalist, also participated in the round. With the additional capital, ReDesyn will be able to diversify its product offerings, grow its user base, and bring on new producers.
ReDesyn, founded by Shikhar Vaidya, gives creators and influencers a platform to connect and monetize their communities by promoting brands, products, and services through the creator's on-platform e-commerce store.
The Real Time Angel Fund, in contrast, is a sector-neutral fund with an emphasis on consumer technology, healthtech, fintech, agritech, personal care, and SaaS. Additionally, it offers networking assistance to startups with technical know-how and international commercial connections.
RTAF, which includes businesses like SaaS platform TransportSimple and online marketplace MyMandi in its portfolio, revealed last month that it has increased the amount of its first fund by more than five times, to Rs 510 crore, from the original plan of Rs 100 crore.
ReDesyn, founded by Shikhar Vaidya, gives creators and influencers a platform to connect and monetize their communities by promoting brands, products, and services through the creator's on-platform e-commerce store.
The Real Time Angel Fund, in contrast, is a sector-neutral fund with an emphasis on consumer technology, healthtech, fintech, agritech, personal care, and SaaS. Additionally, it offers networking assistance to startups with technical know-how and international commercial connections.
RTAF, which includes businesses like SaaS platform TransportSimple and online marketplace MyMandi in its portfolio, revealed last month that it has increased the amount of its first fund by more than five times, to Rs 510 crore, from the original plan of Rs 100 crore.