Here’s why Anand Mahindra invested $1 million in Gurugram-based startup Hapramp

Mahindra even as tweeting gave a shout-out to Hapramp’s flagship presenting GoSocial that's a social media platform

Chairman of the Mahindra Group, Anand Mahindra has determined to invest $1 million in a Gurgaon based era start-up Hapramp. shaped in 2018, the startup works on social media challenges like facts security, person privateness, and monetization of truthful content material. Anand Mahindra took to Twitter to announce that his aid to the newly based employer will be investing for his or her seed investment.

Mahindra even as tweeting gave a shout-out to Hapramp’s flagship presenting GoSocial that’s a social media platform made to reward artists in addition to content material creators as they publish and interact with the community. The agency informed that around 50 thousand customers have already downloaded the GoSocial app from the Google Play save. The downloads came even earlier than the corporation officially released it.

Funding alert] Anand Mahindra invests $1M in Gurugram-based social ...

It is to word that two years returned, Mahindra said that he’s looking for an Indian begin-up dealing in social media and highlighted that if the criteria meet, he could be inclined to make investments inside the employer. After years, Mahindra ultimately announced the call of the organization he can be investing in. “Took 2 Years but I subsequently observed the begin-up I was looking for”, study Anand Mahindra’s tweet today.

Digital transformation professional and ex-Mahindra govt, Jaspreet Bindra has also been asked through Anand Mahindra to paintings with him and assist discover a subsequent-gen Indian social network begin-up that works in protective personal facts and supports next-technology technology like Blockchain. Bindra stated that the Hapramp crew is running to build an internet social network that is constructed on rising virtual technologies. He added that it has a solid commercial enterprise model and is built right here locally in India. “Jaspreet has signed on as government marketing consultant and Mentor to the Hapramp founding team,” the organization stated in a declaration.