raises $3M in pre-Series A round

What's the news? the AI-driven matrimonial app has raised $3 Mn in a pre-Series A round.The startup will use the funding to boost its app engagement, build monetisation features, and product discovery across organic channels, it said in a statement.The AI platform uses predictive analysis to help professionals find a match through compatibility scores based on relationship dimensions and their interactions on the product.

More to know

The startup's platform has a US patent-pending, which facilitates over a million matches and a thousand marriages across a user base of 700,000 urban millennials. With extensive business plans, the app is witnessing $75,000 in monthly revenue, growing at 30 percent every month.

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