Unicorn founders, micro VCs, influencers led $2 M secured by Utsav Somani’s Offline
Utsav Somani, the former CEO of AngelList India, raised $2 million for his new venture, Offline, from co-founders of other startups, unicorns, a number of micro venture capital firms, and a few influencers who have also become investors.
Co-founders of Groww, Razorpay, Polygon, CoinDCX, Shiprocket, Ultrahuman, BharatPe, Park+, M2P, Fashinza, Xiaomi, GoKwik, and Mosaic Wellness are among the Offline’s backers.
Tanmay Bhat and Shlok Srivastava joined Better Capital, DeVC, Huddle, Riverwalk Ventures, and India Silicon Valley in the round.
In order to meet their needs for personal and professional upskilling, Offline is bringing together the top tech founders and CEOs of Indian startups. The platform aims to meet this need by providing these founders with the necessary frameworks by bringing an executive coach to the table.
Offline stated that these founders must fulfill one of these requirements in order to even apply: $5 million in funding, $5 million in revenue, $10 million from a prior exit, or a CXO with a startup valued at $50 million.
By holding ‘off-beat’ and limited-quantity social events, Offline is launching a paid members-only community. Exclusive benefits are provided by this paid members-only community, including a monthly core-group meeting with hyper-curated 6–8 other founders to solve problems together. The meeting is facilitated by a trained executive coach.
