The AI-driven matrimonial app, "Betterhalf.ai," raises $3M in pre-Series A round.

In image matrimonial app mobile

In image matrimonial app mobile

On Wednesday, in a pre-Series A round, Betterhalf.ai, the AI-driven matrimonial app has raised $3M. The participation in the Y Combinator Winter 21 batch startup was from venture capital firms which includes Quiet Capital and S2 Capital, and marquee angel investors such as Samvit Ramadurgam and Kunal Shah.

The startup claims that the startup's funding will boost the app's monetization features, app engagement, and product discovery across organic channels. Timely, Betterhalf.ai had raised a value of around $2.3M from Tribe Capital, Y Combinator, Nurture Ventures, and Shailesh Rao (Ex-MD of Google India), and Saurabh Garg (Founder of NoBroker). The founders of Betterhalf.ai are MIT graduate Rahul Namdev and serial entrepreneur Pawan Gupta in 2016.

"The closing of this round post the Y Combinator Demo Day is a marker of the investors' confidence in the readiness of 100 million urban Indians for a new age matrimony app and allows us to take the company from $1 million run-rate to $5 million run-rate for our next Series A round," said by Pawan Gupta, Co-founder, Betterhalf.ai.

 

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