Anar raises funding from Titan Capital

Anar, a business community platform focused on helping small and medium enterprises share information and grow their network, has raised an undisclosed sum in a round led by Titan Capital.

Titan Capital is a venture firm set up by Snapdeal founders Kunal Bahl and Rohit Bansal. It has made several investments in recent months, including bets on cross-border commerce firm Nexprt, inter-city bus aggregator Zingbus, and physiotherapy platform YourPhysio.

Anar was set up in February last year by Nishank Jain and Sanjay Bhat, both graduates of IIM-Lucknow. The company says it is helping SMEs enhance their communities by providing access to new products, current market trends, and knowledge for expansion to broader markets.

It will use the capital raised to strengthen its core product offering as well as enhancing its technological infrastructure and delivering a better user experience for customers.