Wednesday, April 24, 2024
Outlook India
Outlook Business

Driffle Raises $3.4 million Seed Funding, BEENEXT Leads The Round

Driffle will invest these funds to hire more employees

Driffle Raises $3.4 million Seed Funding, BEENEXT Leads The Round
POSTED ON November 10, 2022 12:23 PM

Delaware and Bengaluru-based digital gaming start-up Driffle raised $3.4 million in a seed funding round. BEENEXT, a global venture firm, led the round along with other companies including JAFCO Asia, Taurus Ventures, Better Capital and White Venture Capital. Angel investors Kunal Shah, founder of CRED, Maninder Gulati, chief strategy officer of OYO,  Amit Damani, co-founder of StayVista, and Archana Priyadarshini, co-founder of fwdSlash Capital also participated in this round. 

The company will use this capital to bolster its tech infrastructure, expand in new markets and strengthen its product development. Additionally, the e-gaming company will use the capital to add more members across several verticals including product, engineering, marketing and customer support in the Gurgaon office. 

“At Driffle, we enable instant delivery of our goods digitally, with simplified payment processes, overcoming the complications of payment fraud and cross-border distribution. We are thrilled to have reputed investors backing us as we expand our presence globally with the aim to make gaming more secure and convenient like never before,” Chetan Bharadwaj, co-founder, and CEO commented on the recent development. 

BEENEXT’s investor Anirudh Garg said that Driffle is “built by a team of avid gamers.” He added, “With their deep passion for problem-solving, the team is addressing customer experience, for buying digital goods, which has not been worked upon so far. Driffle offers the industry-demanded revamp and better customer experience for buyers and sellers internationally through their truly global model of business.”

  • Related Articles

    ftcash has partnered with Northern Arc, Ugro, and Ambit to provide credit offerings to customers

    SME Lending Start-Up ftcash Gets NBFC License From RBI

    The company aims to utilise this capital to upgrade and improve its tech platform and operational infrastructure

    Meeraq Raises $2.2 million in Angel Funding From Unicorn Chiefs

    After posting a 76 per cent year-on-year growth in revenue from operations during September 2022, at Rs 1,914 crore, it appears that its founder and CEO, Vijay Shekhar Sharma, finally has...

    Paytm Growth Report: Has The Company Turned A Corner After Disastrous IPO Debut?