17th July, Tuesday, India: Homegrown Bengaluru-based photo-sharing app Vebbler has raised pre-series A round of funding through a consortium of angel investors including Ambiga Subramanian ex-CEO Mu Sigma, Actor Dino Morea, DJ Nikhil Chinapa, Anurakt Jain, VP, OEM operations at InMobi, Sanjay Ramakrishnan, Senior Director – Product at Flipkart and Pranay Jivrajka, Founding Member at OlaCabs. Vebbler’s existing investor Anupam Mittal, Sharad Sharma, Mohandas Pai and Venkat Raju have also reinvested into this round. The funds were raised on LetsVenture Platform.
“I am very excited about Vebbler and the team behind it. Vebbler’s value proposition is interesting and is well positioned to service the needs of today’s youngsters who collectively capture hundreds of photos and videos at parties, holidays, weddings and other events, but find it cumbersome to share them with each other. Vebbler provides a brilliant camera experience for millennials and is focusing on strong content through topic-based channels and stories”, shared Ambiga Subramanian.
Vebbler is the first and only photo-collaboration app that has been developed in India and aims to build a global consumer-tech company used across the World. Founded by 28-year old Sahil Bhagat and engineered by a young and dynamic team mostly in their early 20s, the app provides a way for people to create shared albums with their friends and sync photos with one another instantly at parties, holidays, weddings and other occasions in real-time. Vebbler has close to 1 million downloads and is available both on Android and iOS.
“Vebbler is the only app that is focused on group-based sharing as compared to individual sharing like other photo apps. With the new fund-raise our aim is to bring the app into more languages, introduce new features for the camera and groups and scale our userbase”, shared 28 year old Sahil Bhagar, Founder & CEO, Vebbler, who is currently working on the 2.0 version of the app promising new features which will allow its users to create shared photo albums, post daily stories, view original content on their channels and capture stunning photos and videos through their camera that is packed with stickers, GIFs, drawing tools and fonts. “We are launching a new and upgraded version in July itself with enhanced features and an improved user experience”, Sahil shared.
Vebbler presently consists of 15 member team across technology, marketing and other non-tech roles.
“Vebbler allows users to exchange images in real time involving bigger groups. Few years ago, I had a similar idea but due to my busy schedule the developing process was little slow. Sahil approached me few months back, with the exact same idea that I had, but with a fully developed app, with active users and lot more features to engage the users. On speaking to him, I realised he also had the same pain point as me and had found a similar solution. Instead of re-inventing the wheel, I thought of collaborating with Sahil and decided to invest in Vebbler” said Actor Dino Morea. “India is an ideal market for a product like Vebbler, considering India is a young country – 50 percent of the population is younger than 24 years and usage of the smartphone is responsible for a big chunk of the growth of photo sharing product in the Indian Market”, he further added.
Vebbler was launched in 2013 in beta as a social network for meaningful conversation and later tweaked it’s offering to a camera first photo sharing and collaboration app, understanding the gap in the market. Vebbler raised $ 500K (INR 3.34 Cr) round of funding from a syndicate of 16 investors from different countries around the world, including India, Singapore, Hong Kong and the US in 2017 and was also selected for the FB Start-up program in 2017.
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