Wednesday, July 17, 2013

Social Tech Firm - Gram Vaani Raises Funds

Gram Vaani, a social tech company has raised $500,000 from undisclosed investors. The funds will be used to expand the team of the company.
Iamwire stated the  funds have been invested by Indian angel investor  along-with few other investors.
Founded in 2009 by Aaditeshwar Seth and Mayank Shivam, Gram Vaani is a social development organization building open-source technologies for community media in rural areas. Its flagship product is a radio automation system called GRINS - Gramin Radio Inter-Networking System. The GRINS box is a plug-n-play server to run a community radio station.
It also has vAutomate suite of voice applications which is being used by several partners, including PATH (community mobilization), CEDPA (health accountability), Inventure (financial profiling of people), Video Volunteers (self help group surveys). Its Mobile Vaani network which according to the company has seen huge uptake in Jharkhand and has found several sponsors, including Sesame (education) and Oxfam (gender equality).
The company caters to more than 2 Mn users in over 15 Indian States, Afghanistan, Pakistan, Namibia and South Africa.
Indian Angel Network has funded 50 start-ups across multiple sectors like IT, mobile, Internet, healthcare, e-commerce, gaming and education. Its portfolio includes - Aurus Network, Alma Mater, Vienova, Druvaa Softwares, Kwench, Gamiana among others.

Recently, it announced setup a base in Kolkata to fuel startup ecosystem in the east. 
Compiled by 
Apruv Bhansali
apruv15@ediindia.org

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