Delhi based startup Roast, an entertainment mobile app has secured an undisclosed amount of funding from Indian Angel Network (IAN).
The investment has been made under the ‘Small Ticket Funding programme which was announced by IAN last year. Sanjay Mehta has led this round of investment on behalf of IAN and will join the company board for further mentoring the team.
Roast is an entertainment mobile application that caters to a specific need of people who love to talk, converse and take stand on anything and everything. Every time a user lands on Roast, he/she will be filled with emotions of joy, humor and laughter.
“We wanted to create an ecosystem where users can fly in, write, coupled with a sheer reading experience. Our aim is to be a premiere micro-sharing entertainment platform on mobile, catering to the ‘entertainment in short’ need of witty Indians. IAN investors have not only mentored us, but have also been a great support in guiding us and helping us make the right decisions for our business,” said Anchal Singh, Co-Founder, Roast.
Anchal Singh & Aamer Rushnaiwala started the company in September last year only to offer an entertainment platform to the audience.
The company plans to utilize the investment for acquiring customers and to invest in its technology platform.