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inFreedo raises USD 700,000 from startup accelerator Y Combinator

Bengaluru: inFeedo has raised $700,000 in funding from early stage startup accelerator Y Combinator along with other Indian founders and chief executives, who participated in the pre-Series A round.

inFeedo is also a part of Y Combinator’s ongoing Summer 2020 batch.

Other investors who joined the round included Dr Ritesh Malik, founder at OYO-acquired innov8, Peyush Bansal, CEO, Lenskart, Vinod Muthukrishnan, CEO, Cisco-acquired Cloudcherry, Anand Chandrasekaran, former Snapdeal executive and Facebook director.

Through this funding inFeedo will be looking to scale-up hiring to fill key management roles, and looking to expand its customer base to generate $10 million in revenue.

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