The startup intends to use the funds to accelerate product and market development, YourStory reported.
QTalk, operated by Quiph Media Private Limited, was founded by IIT Bombay alumni, Sagar Modi and Advaith Vishwanath. It initiated operations in early 2018. The platform goes beyond just voice and video calling and claims to empowers users with the tools to engage with each other in ways analogous to how they would interact in the real world.
INDIA DEAL MONITOR
Here are some prominent venture capital transactions in India from March 23-26, 2020.
|Startup||Headquarter||Investment Size (USD)||Investment Stage||Lead Investor(s)||Other Investor(s)||Sector|
|CoinDCX||Mumbai||3 million||Series A||Polychain Capital, Bain Capital Ventures, HDR Group||-||Technology|
|MobiKwik||Gurugram||30 million||Debt/Equity||MK SPV IX||-||Financial Services|
|MedCords Healthcare Solutions Pvt. Ltd.||Pune||920,000||Series A||Info Edge||-||Health & Wellness|
|Shadez||Mumbai||100,000||-||Inflection Point Ventures||-||Consumer Services|
|Udaan||Bengaluru||30 million||-||Trustroot Internet Private Limited||-||E-Commerce|
|QTalk||Bengaluru||1.6 million||Series A||Accel India, Lightspeed Venture Partners||-||Software Services|