Bangalore-based WeHive Technologies Pvt Ltd, which runs parenting social network TinyStep, has raised an undisclosed amount from Silicon Valley entrepreneur and investor Matt Glickman.
Glickman is founder of US-based parenting portal BabyCenter. As part of the transaction, Glickman comes in as an advisory board member.
“I think TinyStep is doing a great job. They are showing some great early traction, are getting great customer feedback and are moving in the right direction to solve a big problem,” said Glickman in a statement.
The funding comes close on the heels of TinyStep raising seed funding from Flipkart in January this year.
The company said that the funds will be used for product development and augmenting its team.
Launched in September 2015 by IIT-Kanpur alumnus Suhail Abidi, TinyStep is an app-first social network for parents. It connects parents with doctors, child service providers and other parents.
TinyStep has a 20-member team comprising mostly engineers. Abidi also founded SiliconPrime Technologies in 2013.
The startup claims that the number of parents on its platform has more than tripled over the last month. In January, TinyStep said it had more than 10,000 parents on its platform.
In the broader parenting space, a bunch of startups have come up in India. BabyCenter, BabyChakra, Parentune, ZenParent, Parentedge, KIDSS (Kid Social Shell) and MyCity4Kids are some of the players in the space.
On January 5, My Child App, which helps parents track learning disorders in children, raised $100,000 (Rs 66 lakh) from Silicon Valley-based early stage VC fund 500 Startups, Singapore Angel Network and a bunch of angel investors.
In June 2015, Infomoko Technology Pvt Ltd, which owns and operates parenting tips child care services portal BabyChakra, raised an undisclosed amount of seed funding led by Mumbai Angels, Patni Family Office and Singapore Angel Network. Prior to that, ZenParent.in secured $500,000 (Rs 3.17 crore) from Bangalore-based i2india Venture Factory.
Last May, digital media startup for parenting tips ZenParent raised $500,000 from i2india Venture Factory. Leave Your Comment