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Funding roundup: Tripoto and wWhere

tripoto (1)

Travel community startup Tripoto has raised pre-series funding worth Rs 12.5 crores led by IDG Ventures, with participation from Outbox Ventures, reports ET Tech. Post the funding, Karan Mohla from IDG Ventures will join Tripoto as a board member. The funds will go towards building a content team and consolidate technology. Tripoto’s iOS app is expected to release next week.

Tripoto had raised seed funding worth $400,000 in November last year led by Outbox Ventures with participation from Palaash Ventures. Other angel investors included Snapdeal founders Kunal Bahl and Rohit Bansal, founder of Makemytrip and TrulyMadly.com Sachin Bhatia, Shanti Mohal, founder of Letsventure, and Nikunj Jain founder of frankly.me and Arvind Vohra, Director of Gionee India among others.

Delhi-based Tripoto is a platform where travelers can discover and share travel plans, stories, trips, review and upload photos and maps amongst other things.

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wWhere, a location sharing messenger, has raised angel funding worth $100,000 from a group of angels in India, the US and Singapore. wWhere was incubated at IIM Ahmedabad’s Centre for Innovation Incubation and Entrepreneurship (CIIE). The funding will go towards solving location sharing problems through algorithms as a part of the app. The company is working on launching the product globally, specially targeting countries in Asia, Australia and Europe.

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wWhere has a team of 9 currently. The company was founded by Ritam Bhatnagar in 2014 and aims to solve location problems using algorithms and a “simple” front end. Bhatnagar claims that “where are you?” texts amount to 30% of all the text messages sent by smartphone users in different languages and contexts globally. The number seems very high, especially for smartphone users who are *maybe* not connected to the internet.

The company claims to have over 500 users who have shared over 14,000 locations in 52 cities. The communication between wWhere and the user’s phone is encrypted. It lets users send and request locations, access locations of 10 friends on a single map, autolocate locations, chat with groups and get navigation, ETA and directions.

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