Titan Capital

Khyaal raised $4.2 million in a seed funding

06-Feb-2024

Our portfolio company, Khyaal, the senior citizens-focused platform, has successfully raised $4.2 million in a seed funding round co-led by 62 Ventures, Silicon Valley Quad (SVQ), and Inventus Capital Partners, with participation from notable investors Glen Tullman, Kanwal Rekhi, Raju Reddy, Raj-Ann Gill, and its existing investors including Everywhere Ventures, Supermorpheus & Unpopular Ventures.

 

Co-founded in 2020 by Hemanshu Jain and Pritish Nelleri, Khyaal empowers senior citizens above 55 with live workshops, games, safe payments, on-demand assistance, and exclusive offers. The Mumbai-based platform also provides tailored financial services, including the innovative Khyaal Card with cybersecurity protection.

 

With 1 million app users, #Khyaal is making a significant impact in the senior-focused space, competing with other key players.

 

“With the infusion of funds, we are positioned to accelerate innovation, extend our reach, and create an even more profound impact in the lives of seniors,” said Hemanshu Jain, Founder & CEO, Khyaal.

 

The fresh funds will further fuel Khyaal’s mission to empower seniors and expand its reach across India.

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