Pepul
Emerges as the world's first Positive Social Network built from India, that touches billions of people lives.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor | €0.0 | round | |
* | $4.0m | Series A | |
| Total Funding | 000k | ||
Pepul Tech Private Limited, based in Chennai, India, operates as a social media company, founded in 2020 by Suresh Kumar G. Before Pepul, Suresh Kumar co-founded MacApp Studio, a digital company, which provided him with extensive experience in research and development. This background, coupled with his observations during college interactions, led to the creation of Pepul, a platform envisioned to be a positive and safe social network.
The company has secured total funding of $9.16 million over three seed rounds, with the latest being $4 million in July 2024. Notable investors include DASA Consulting Services, Hourglass Venture Partners, Freshworks' Girish Mathrubootham, and Paytm's Vijay Shekhar Sharma. The funds are allocated towards enhancing technological infrastructure, user acquisition, and expanding its team.
Pepul offers a multifaceted application available for Android and iOS users, targeting a diverse and tech-savvy audience. The platform's core is to facilitate the creation of active, interest-based communities for colleges, businesses, and other organizations. It emphasizes security, aiming to eliminate fake profiles through an Aadhaar-based verification system, a feature that differentiates it in the market. Users can share posts, videos, and stories, while organizations can create channels for topic-specific discussions and manage tasks. A key feature is the ability for users to connect with like-minded individuals to form offline communities. Initially launched in a private beta in February 2021, the app has surpassed two million downloads. The business model is subscription-based, offering in-app purchases and a creator-centric monetization channel where content creators can earn revenue directly from their subscribers without relying on advertisers. Recently, the company has expanded its offerings to include job listings and application features within the app and launched a B2B SaaS platform, Workfast.ai, for project management and team communication.
Keywords: Social networking, community building, mobile application, content creation, creator economy, user verification, career development, job opportunities, SaaS, project management, Suresh Kumar G, Chennai startup, interest-based communities, online to offline, subscription model, data privacy, positive social media, B2C platform, Workfast.ai, Indian social media