The BizTech Post
Social networking platform VoxWeb raises $1M from undisclosed investors
Mumbai-based social networking platform VoxWeb, which allows you to add the voice caption to pictures raises $1M in its third round of funding from several undisclosed investors. According to the company, the fund will be deployed in strengthening its back-end technologies, adding new front-end features and to scale marketing efforts to increase its user base.
VoxWeb was founded in 2015 by Yash Mishra, an IIT Kanpur graduate and a former JP Morgan research analyst, the flagship product of the company ‘speaking pictures’ allows the creation of speaking pictures by adding a voice note of up to 11 seconds to an image. The social networking platform also helps individuals to discover and meet like-minded people through curated experiences, data analytics, experiences and algorithms.
Commenting on the development, Yash Mishra, founder of VoxWeb said, “With VoxWeb, we envision to create the first-ever global consumer internet product from India and the app has already got users from 97 countries. With our unique voice-augmented photos technology, the company is focussed on designing and developing refreshingly new products adding a new dimension to social media consumption around the world. We believe our new round of funding will further hasten scaling-up up operations.”
The mobile app is available for Android and iOS for users. VoxWeb claims to have 500K users and further onboarding more artists and politicians on its platform over the next few months.
In December 2015, the company had raised $350,000 from an unnamed investor. Subsequently, in August the same year, it had raised seed funding of $100,000 from CitrusPay co-founder Jitendra Gupta.
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