Community platform Scenes by Avalon has announced that it has secured an undisclosed funding in the latest financing round.
The pre-series A funding round saw participation from Tanglin Ventures, Whiteboard Capital, Better Capital, Blume Founders Fund and iSeed Ventures as well as angel investors Kunal Shah, Kalyan Krishnamurthy, Gaurav Munjal and Tanmay Bhat.
The company will use the fresh funds raised to expand its product development and for the growth of its platform.
Founder and CEO of Avalon – Varun Mayya said, “We’re excited for the audience to experience Scenes and its features on Android. With a little bit of sunshine, the right soil, water and loads of love, we grew into one of India’s largest and most engaged educational communities and decided to build our own platform aka Scenes by Avalon. It has already surpassed 5 million voice minutes since its launch in March 2021, and has 30,000 users and 1,000+ live communities. Now, with the support of our investors, Scenes will change the future of the community platform industry.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.