Chennai-based social media startup Pepul has raised $4 million in a pre-series A funding round led by a notable family office, with participation from existing investors.
“We’re very happy that a lot of great entrepreneurs and credible investors bet on our passionate team and our vision. The round was raised in a couple of meetings after visiting our office and the team," said Suresh Kumar G, Founder and CEO of Pepul.
The startup will use the raised capital to advance its two key products: Pepul, a B2C platform, and Workfast.ai, a B2B SaaS platform.
What are Pepul's key products?
Pepul's primary offerings include the Pepul platform and Workfast.ai. Initially conceived as a positive social media platform, Pepul has evolved into a dynamic app focused on career development and job opportunities.
Workfast.ai, on the other hand, is designed to streamline communication, collaboration, and project management processes for businesses. It provides a comprehensive solution to optimize project and task management, thus enhancing team efficiency and agility.
What does Pepul Tech do?
Founded in 2020 by Suresh Kumar G, Pepul aims to be a constructive social media platform that fosters professional growth and job opportunities.
The startup also provides mentorship, job opportunities, internships, and career-enhancing content curated by mentors.
“We see ourselves building a multi-billion-dollar company through Workfast.ai, catering to medium and large enterprises in the next five years," Kumar said.