Gurgaon-based iamWire secures funding from Chinese and Indian angels
Tech blogging has started attracting the interest of overseas and domestic investors. The Gurgaon-based Growthword Digital Private Limited which operates iamWire has raised an undisclosed amount of funding from Beijing-based Li Tao, Founder & CEO, APUS Group; Li Jian, Founder & CEO, Draphant Consultants; and other investors including, Nitin Garg, Saurabh Jain, and Mohit Agarwal.
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Li Jian, Founder of Draphant Consultant, helps Chinese Angels & HNIs to invest in Indian startups, and now will leverage the reach and market awareness of iamWire. The company plans to use the raised capital in building scalable technology, helpful for startup founders; a part of the funds will also be utilized to innovate content to further grow the community. It also claims to be in advance talks to raise Series A round by October.
With a 15-member team, iamWire has written about 2,500 startups over the last four years.
Started in 2011 as an e-commerce focused platform, iamWire envisions the creation of a platform for startup founders to get awareness, gain knowledge, receive fundraising support, and use product/services selection tools.
Speaking on the market opportunity, Abhinav Dinesh, Co-Founder & CEO, iamWire said,
Witnessing the rise of cross geography transactions among either investor-to-startup or startup-to-vendor in the Internet space, we believe iamWire can play a major role to bring together all key stakeholders in the technology space. Our vision is to help professionals understand and adopt technology innovation to its core to achieve scale in their respective businesses and careers.
The company plans to scale the existing features and roll out more features and products in the future, to render a seamless experience to its professional reader base across emerging Internet economies of the world.