Influencer marketing platform Freeskout raises Rs 4 CR in seed round
Freeskout, a matchmaker between brands and social media influencers, has announced raising Rs 4 crore in a seed funding. The name of the investors undisclosed by the company.
The startup aims to make influencer marketing as straightforward and efficient as possible by doing away with the intermediaries. With a database of more than 10 lakh influencers on Instagram and YouTube in India, their team of 250 specialists manages influencer marketing campaigns for more than 1,000 firms.
The business asserts that it has grown 10 times since the previous fiscal year and anticipates reaching an MRR of Rs 20 crore in two years (at Rs 1.5 crore currently).
The startup creates an ecosystem that connects creators and businesses with the appropriate opportunities,and plans to rapidly grow internationally.
Influencer marketing platform is able to achieve INR 1 crore Monthly recurring revenue milestone in December 2021.
The tech-enabled influencer marketing hub, Freeskout is a free mobile application that allows brands and influencer to connect with no middlemen involved where brands can discover Indian Influencers on all social media platforms. In 2020, Shashank sehrawat with a small team of 5 members founded Freeskout, which currently has over 250 full-time workers and serves as India’s point of contact for more than 50 lakh influencers.
freeskout is by all accounts an inspiring startup with spurring development on technology, information and internet platform. All the best to the whole group. This will give them a colossal achievement in the future.Shishir Gupta, Founder and CEO, StartupLanes
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