Women-focussed networking platform leap.club has raised $1 million in venture capital funding led by existing investor Enzia Ventures.
The funding round also saw participation from several investors, including Artha India Ventures, Ghazal Alagh (Mamaearth), Alok Mittal (Indifi) and Atul Goel (E-City Ventures), among others.
As per leap.club, the raised funds will be deployed to boost growth and also scale up its member base from 10,000 to 100,000.
leap.club | Professional Network For Women
Founded by Ragini Das and Anand Sinha in 2020, leap.club is a Gurugram-based community-led professional network for women that helps them build new connections and relationships, join communities and access exclusive experiences.
The platform also organises 3-4 moderated discussions and skill-sharpening workshops with industry leaders every month to supercharge the professional growth of women.
[Read: Top 5 VC Funds Helping Women Entrepreneurs In India]
Speaking about the development, Ragini Das and Anand Sinha, Co-founders of leap.club, said,
“We are a revenue first company and on track to hit Rs 100 crore of revenue in the next 36 months…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.”
This new fundraise comes one year after the Gurugram-based platform had raised $810,000 as part of its pre-Series A funding in October 2021. Prior to that, leap.club had secured seed funding of $380,000 in July 2020, taking its total fundraise to $2.2 million.
The Gurugram-based firm counts women from top companies like Meta, Amazon, Nykaa, Sequoia Capital, and Google as its members, along with founders, professionals, freelancers, and women on a break.
Commenting on the development, Ghazal Alagh, Founder of Mamaearth, said,
“I have come to love and admire what Ragini and Anand are building at leap.club. They have a bold mission and ambitious goals to build the best professional network globally for women. They’ve not only demonstrated a very strong product-market fit in a short period of time but also retained focus on delivering the highest quality experience to its members. I am very excited to come onboard as an investor and partner with them on their mission.”
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