Bengaluru-based knowledge sharing platform Vocal, which was co-founded by Aprameya Radhakrishna, one of TaxiForSure's co-founders, has acqui-hired quizzing app startup StupidChat Technologies in an all-stock deal.
StupidChat app, which calls itself Uber of anonymous social network, was founded in 2017 by Pramod K Maloo, Saheb Roy and Sourav Karmakar. The bootstrapped startup was earlier based out of Kolkata before moving its base to Bengaluru.
StupidChat is a location based anonymous social network where people get to see real people on a map but with a secret name, gender, age and a behavior. The app claimed to have 4.5 lakh registered users and a daily active user base of 2 lakh, mostly in the age brackets of 16-25 and 30-40.
With this acquisition, Vocal plans to use the six-member team of StupidChat to work on the existing products and also come up with daily engagement products for the platform. The StupidChat Technologies team has been assigned roles spread across product design and technology verticals.
It was not immediately clear whether StupidChat will continue to operate under Vokal or as an separate entity under Vocal's brand name.
“They had a healthy traction in the short span of time they ran the StupidChat app. However, there were a number of players that sprouted at the same time, making the funding circumstances unfavourable,” said Mayank Bidawatka, cofounder of Vokal.
Speaking about Vocal, it was founded in 2015 by Radhakrishna along with Mayank Bidawatka, who had earlier co-founded GoodBox, a hyperlocal app. Vocal, which is touted as India's largest Peer-to-Peer knowledge sharing platform in Indian languages, is backed by investors like Accel Partners, Blume Ventures and NuVentures.
The above news was first reported in Economic Times.
StupidChat app, which calls itself Uber of anonymous social network, was founded in 2017 by Pramod K Maloo, Saheb Roy and Sourav Karmakar. The bootstrapped startup was earlier based out of Kolkata before moving its base to Bengaluru.
StupidChat is a location based anonymous social network where people get to see real people on a map but with a secret name, gender, age and a behavior. The app claimed to have 4.5 lakh registered users and a daily active user base of 2 lakh, mostly in the age brackets of 16-25 and 30-40.
With this acquisition, Vocal plans to use the six-member team of StupidChat to work on the existing products and also come up with daily engagement products for the platform. The StupidChat Technologies team has been assigned roles spread across product design and technology verticals.
It was not immediately clear whether StupidChat will continue to operate under Vokal or as an separate entity under Vocal's brand name.
“They had a healthy traction in the short span of time they ran the StupidChat app. However, there were a number of players that sprouted at the same time, making the funding circumstances unfavourable,” said Mayank Bidawatka, cofounder of Vokal.
Speaking about Vocal, it was founded in 2015 by Radhakrishna along with Mayank Bidawatka, who had earlier co-founded GoodBox, a hyperlocal app. Vocal, which is touted as India's largest Peer-to-Peer knowledge sharing platform in Indian languages, is backed by investors like Accel Partners, Blume Ventures and NuVentures.
The above news was first reported in Economic Times.
Advertisements