Leap.Club, a professional network for women, raises $1M in funding

Gurgaon-based Leap.Club, a community-led professional network for women, has raised $1 million in a new financing round led by Enzia Ventures. The round also saw participation from Artha India Ventures, Ghazal Alagh of Mamaearth, Alok Mittal of Indifi, Atul Goel (E-city Ventures), Vatsal Singhal of Ultrahuman, Ashwini Asokan of Vue.AI, Shrishti Sahu of Hustle Hard Ventures, and Swati Mohan (ex CMO Netflix).

Prior to this, the startup had raised $810,000 in funding, taking the startup's total raise to $2.2 million.

Founded in May 2020 by ex-senior Zomato executives Ragini Das and Anand Sinha, Leap.Club offers a paid membership for women that helps them grow professionally through a host of benefits such as a professional network, executive coaching, a focus on mental wellness and masterclasses.

The startup said it plans to launch its talent solutions platform to enable the right career moves for women by connecting them to top workplaces early next year and has already signed 50 large enterprises and around 100 startups for the launch, it said.

Leap.Club claims to have scaled to 10,000+ paying members across 2000+ companies and 200+ cities from 15 countries and counts women from companies like Nykaa, Meta, Amazon, Sequoia Capital, and Google as its members, along with founders, professionals, freelancers, and women on a break. 

The platform is now targeting 100,000 members and 100 crores of revenue in the next couple of years. 

According to Ragini Das and Anand Sinha, The startup will use the raised capital to accelerate growth and go from 10,000 paying members to 100,000 paying members.

"We are a revenue-first company and on track to hit 100 crores of revenue in the next 36 months. As a team we are led by our mission of more women in leadership roles and are building a platform to enable this for our members with focus on network, learning and jobs. This investment, which comes amidst a tough global macro environment for startups, validates leap.club’s product market fit and we believe we’re only getting started," said Ragini Das and Anand Sinha.

Also Read:

• Agritech startup DeHaat raises $60M in a Series E round

Follow IndianStartupNews on Facebook, Instagram, Twitter for the latest updates from the startup ecosystem.