Vebbler, a Bangalore-based photo sharing app, has today raised around $500,000 in its seed funding round from a group of 16 angel investors, reports ETTech.
The investment round was led by Anupam Mittal, founder of Shaadi.com. Other investors included Sharad Sharma and Pranav Pai, son of former Infosys board member Mohandas Pai. Along with them, a string of high net worth individuals from the US, West Asia and Singapore also participated.
With the new cash coming, the startup is now looking to expand its current 15-member team. It also plans to spend a significant amount of funds for marketing activities.
Founded in 2013 by Sahil Bhagat, Vebbler allows people to instantly share photos with each other in real time. The company claims to have over 1,00,000 users on its platform and has further claims to have achieved 50,000 sign-ups for the mobile app in the past two weeks.
As per Bhagat, who is the CEO of Vebbler, they started by creating a web platform first. He also says that the company has been bootstrapped so far. It is built with a mission to create a world where people have more meaningful conversations with different relationships in their lives without one aspect of their life spilling into another.
Currently, the company is working on introducing some new features such as video optimization, which will enable people to share videos within clubs. It also plans to introduce club codes or QR codes which will help to easily invite people into a club by simply scanning a QR code. It is also working on additional features such as location-based sharing, automated clubs and photo enhancing technology.
The platform also provides an option to sort friends into groups. It has introduced ‘Clubs’ which allows user to add a person into a different layer or groups. This enables users to have an entirely separate space for sharing.
Last year, Shoto, a similar private photo application which allows users to share photographs and create private or public albums, raised $1.5 million in seed funding round from Kunal Nayyar and Real Ventures.