Dating app Aisle has raised a pre-Series A funding round led by Anas Rahman, Founder and MD of Hurun India, and Vinod Jose, Founder of seed funding firm Konglo Ventures.
The Indian dating startup will utilise the funding to enter Tier-II markets across India, as well as expand its reach into foreign markets.
Commenting on the development, Able Joseph, Founder and CEO, Aisle, said, “We’re proud to have introduced a high-intent dating product exclusively for Indians in 2014. Back then, only Tier-I cities were ready for our product, and dating etiquette was far from where it has reached today. But things have changed since the lockdown. Tier-II cities are showing a growing acceptance of technology and its use in their daily lives. This fundraise will help us execute some of our plans for Bharat and help young Indians in their late 20s and 30s meet someone special, while also honouring our traditions.”
Earlier in 2017, the startup had raised funds from CIO Angel Network and Konglo Ventures. Aisle connects people of Indian-origin from around the world, who are looking for serious relationships.
Anas Rahman, Founder and MD of Hurun India, said, “The Indian dating industry is one of the fastest-growing in the world, and the fact that Aisle addresses high-intent dating specifically helps them stand out from the clutter. We believe Able and his team is working on a sustainable solution that could potentially transform the Indian dating industry.”
Vinod Jose, Founder, Konglo Ventures said, “Aisle approaches the unique dating landscape in modern India by creating a memorable experience for young Indians in finding meaningful relationships or life partners. I am excited to continue supporting them as they prepare for their next growth phase and continue to solve a major problem in the lives of young aspiring Indians.”
Through its proprietary algorithm, Aisle empowers its users to celebrate their diversity by prioritising results based on the things that matter most to them – from mother tongue to hobbies and interests.
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