Homegrown social media platform Explurger raises $4.5M in funding led by Affle

Explurger, a homegrown social media platform, recently raised $4.5 million in a Series A funding round led by Affle (India) Limited. The round values the company at about $40 million pre-money, granting Affle a 9.03% stake on a fully diluted basis. 

Launched in 2021, Explurger has rapidly expanded its user base to over 8.5 million across more than 75 countries, as per media reports.

How is it different from other social media platforms?

Explurger distinguishes itself as the only "Gamified" AI-powered social media platform tailored for travellers. Its unique offerings, such as the Automatic Travelogue, Rewards, and Bucket List, cater specifically to the needs of explorers worldwide. 

The startup leverages AI to create a novel social media experience that goes beyond traditional likes and shares.

The vision behind the venture

Jitin Bhatia, Founder and CEO of Explurger, said, “We're thrilled to welcome Affle on our cap table as part of the Series A funding round. Affle is already a leading name known for its tech innovations and R&D, and with them as an investor, it validates our vision to build a social media platform of the future that goes beyond likes and shares and truly builds a globally connected community using the advancements of AI."

Focusing on growth and expansion 

The startup plans to use the raised to capitalize on the burgeoning social media and travel sectors, especially in the post-pandemic era where travel and exploration have regained momentum.

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