Advertisment

[Funding]: CometChat raises $1.6 Million in Seed Round Funding from US and Indian VCs

[Funding]: CometChat raises $1.6 Million in Seed Round Funding from from Range Ventures, Silicon Badia and iSeed Ventures.

author-image
CIOL Bureau
New Update
Prodigy

CometChat is a CPaaS startup. Recently, the startup has raised $1.6 million in a Seed round from Range Ventures, Silicon Badia and iSeed Ventures.

Advertisment

Anuj Garg and Anant Garg founded CometChat in 2019. The communication platform works with top global enterprises by providing plug n play communication products to improve brands’ reach. CometChat designs critical functions like chat, video and live event capabilities within websites and apps. It helps enterprises who are looking to boost user engagement accelerate their go to market time. Their product and solutions help enterprises save hundreds of developer hours and the associated costs.

The company chose to remain bootstrapped until last year. They were also the first and only Indian startup to be selected for the Techstars Boulder Accelerator Program. There, they received funding as part of the program. The company will use the funds to scale up sales and marketing functions in the US and India.

Commenting on the funding, Anuj Garg, Co-founder & CEO, CometChat, says,

Advertisment

“CometChat has been working in the space of designing effective chat and video solutions for our customers. Today, we have built a strong base in the US and India and with backing of well known VCs both in the US and India, we believe our growth rate will accelerate and help us hit the next set of milestones quicker than before.”

Further, Utsav Somani, Founder, iSeed Ventures, says.

“I first came across CometChat when a customer of theirs posted a great review about them. Then from the minute, I saw their meteoric rise in metrics to Anuj and Anant’s vision on how text, voice and video will play a vital part in bringing intimacy to experiences online, I was excited to invest fairly quickly.”

This capital will help CometChat, a B2D (business-to-developer) company. It will further fuel its growth by entering new markets with their Developer-First marketing approach and make significant investments towards product development.

cometchat