Rs 86 crore raised by desi app Trell in latest funding

NEW DELHI: Fast-growing lifestyle community commerce platform Trell on Monday announced a $11.4 million (nearly Rs 86 crore) Series A round funding led by KTB Network and Samsung Ventures, among others. With over 75 million downloads and 25 million monthly active users (AMUs), Trell has grown 27 times in the last 12 months and emerged as one of the biggest lifestyle social platforms in India.

Since the ban on Chinese apps, Trell has witnessed 500 per cent growth with over 15 million creators joining its platform, receiving more than 5 billion monthly views.

"We are thrilled to onboard KTB Network and Samsung Ventures as partners in the journey and look forward to building towards our vision of empowering millions of Indians to have better lifestyle choices," said Pulkit Agrawal, Co-Founder, Trell. Ankur Nagpal, CEO of Teachable, Gokul Rajaram (board member, Pinterest, Square, DoorDash) and Vineet Buch (Ex-Head of Google Play Store Development) also participated via Firebolt Ventures in the latest funding round, along with existing investors Sequoia's Surge, Fosun RZ Capital, and WEH Ventures. (IANS) 

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