13 May 2019, India:
GIF content startup GIFkaro has raised $250,000 in Angel Funding. Pranay Gupta (ex Snapchat and current Google employee), Dr Ekika Singh, (a top gynaecologist and infertility specialist), and several other investors participated ion the funding round.
The startup will use the fresh capital for its product portfolio expansion.
GIFkaro has recently introduced a new app named ‘Invitekaro’ for creating customised GIF wedding invitations.
“Invitekaro removes the hassle of going out, picking a card, finding a nearby courier and mailing the wedding cards. It allows you better services from the spacious comfort of your home, where you can relax, pick a design that best represents who you are, how you would want the wedding to be like, add your own videos to it, and that’s that,” said Arpit Kumar, Founder, InviteKaro.
Arpit Kumar, added, “Go to the social media of your choice and start shooting invites. Paper cards might continue to survive but digital is the present, and it is important to think beyond.”
GIFkaro said due to its ‘custom animation engine’, it takes less than 43 seconds for its app to create a design preview for the user.
The app also provides designers a “gig” opportunity to submit and monetise their designs on InviteKaro.
“I’ve always believed that the Indian digital app ecosystem has a lot of potential, We need innovative India-first plays. When I met Arpit, Puneet and Dinesh, I was pleasantly surprised to find that we shared a common vision around this. What they’ve built is truly remarkable,” said Investor Pranay Gupta.
Pranay Gupta, added, “GIFkaro will light the Indian casual content ecosystem on fire. InviteKaro is a trailblazer and will forever change how wedding invitations are done.”
GIFkaro was launched by Arpit Kumar, Puneet Kalra and Dinesh Kumar in 2017. It allows users to create, watch, and download funny GIFs.
The platform provides an editing tool through its app to create a short GIF in multiple languages including Hindi, Gujarati, Marathi, Bengali, Tamil, Telugu, Kannada, Malayalam, Punjabi, and English.
The app is available on Android.
(Image – GIFkaro)