Veera India’s First Mobile and Rewards-Focused Browser Raises $6 Million From Multiple Institutional & Angel Investors

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Veera, India’s rewards-powered internet browser, has today announced a Seed round funding of $6 million. Founded by Arjun Ghose and Rahul Pagdipati and founding advisors Aditya Julka and Kanu Gupta, Veera has rapidly gained traction in the Indian market, focusing on a better browsing experience and rewards based on engagement.

The investment was led by Ayon Capital (a significant investor in Brave, the world’s leading privacy-focused internet browser built by the team that had previously built Firefox).

The round has also attracted investments from several other global blue-chip investors including 6th Man Ventures, Folius Ventures (both 6MV and Folius are investors in popular gamified consumer apps), The Operating Group (investors who previously led large global gaming companies), iSeed Ventures (founded by Utsav Somani, the former head of Angellist India; iSeed is backed by Angellist’s Naval Ravikant & Babak Nivi, and founders of Xiaomi, Bolt, DST Global and Matrix Partners; iSeed has also backed Park+, Ultrahuman, Apps For Bharat and Pepper Content), Accomplice (investors in Angellist, Patreon, Pillpack and DraftKings) and Cypher Capital. Several reputed angel investors also participated in the round, including Aalap Mahadevia (Briarwood Capital), Kabir Narang (Eduardo Saverin’s B Capital), Nikhil Mohta (ICICI Ventures), Kevin Hu (Brevan Howard and formerly at Dragonfly Capital) amongst others.

In a notable milestone, Veera crossed 100,000 users soon after launch, underscoring the growing demand for its innovative browsing app. Recently, the company also launched its unique engagement-driven rewards program, designed to acknowledge and incentivize user loyalty and engagement on the Veera platform using gamification.

Commenting on the successful funding round and the company’s progress, Arjun Ghose, CEO of Veera, said, “We are thrilled to have secured this funding from Ayon Capital and other top-tier investors. This investment validates our vision to revolutionize the mobile internet experience in India. The overwhelming response from users following the introduction of our rewards program and the launch of our super-fast browser has reinforced the need for a product like Veera in India. With this additional funding, we will focus on expanding our engineering team to accelerate product development, enhancing our infrastructure to ensure seamless user experience, and investing in marketing initiatives to reach even more users across India. We aim to continue innovating and delivering value to our users as we solidify Veera’s position as the preferred browser for Indian internet users.”

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Veera India’s First Mobile and Rewards-Focused Browser Raises $6 Million From Multiple Institutional & Angel Investors

Veera, India’s rewards-powered internet browser, has today announced a Seed round funding of $6 million. Founded by Arjun Ghose and Rahul Pagdipati and founding advisors Aditya Julka and Kanu Gupta, Veera has rapidly gained traction in the Indian market, focusing on a better browsing experience and rewards based on engagement.

The investment was led by Ayon Capital (a significant investor in Brave, the world’s leading privacy-focused internet browser built by the team that had previously built Firefox).

The round has also attracted investments from several other global blue-chip investors including 6th Man Ventures, Folius Ventures (both 6MV and Folius are investors in popular gamified consumer apps), The Operating Group (investors who previously led large global gaming companies), iSeed Ventures (founded by Utsav Somani, the former head of Angellist India; iSeed is backed by Angellist’s Naval Ravikant & Babak Nivi, and founders of Xiaomi, Bolt, DST Global and Matrix Partners; iSeed has also backed Park+, Ultrahuman, Apps For Bharat and Pepper Content), Accomplice (investors in Angellist, Patreon, Pillpack and DraftKings) and Cypher Capital. Several reputed angel investors also participated in the round, including Aalap Mahadevia (Briarwood Capital), Kabir Narang (Eduardo Saverin’s B Capital), Nikhil Mohta (ICICI Ventures), Kevin Hu (Brevan Howard and formerly at Dragonfly Capital) amongst others.

In a notable milestone, Veera crossed 100,000 users soon after launch, underscoring the growing demand for its innovative browsing app. Recently, the company also launched its unique engagement-driven rewards program, designed to acknowledge and incentivize user loyalty and engagement on the Veera platform using gamification.

Commenting on the successful funding round and the company’s progress, Arjun Ghose, CEO of Veera, said, “We are thrilled to have secured this funding from Ayon Capital and other top-tier investors. This investment validates our vision to revolutionize the mobile internet experience in India. The overwhelming response from users following the introduction of our rewards program and the launch of our super-fast browser has reinforced the need for a product like Veera in India. With this additional funding, we will focus on expanding our engineering team to accelerate product development, enhancing our infrastructure to ensure seamless user experience, and investing in marketing initiatives to reach even more users across India. We aim to continue innovating and delivering value to our users as we solidify Veera’s position as the preferred browser for Indian internet users.”

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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