Excl: IAN incubatee Joognu raises over $100K in angel funding, to switch to ...
Joognu Technologies Pvt Ltd, the company that owns and operates Joognu.com , a portal for memoirs for parents, has raised Rs 60 lakh ($110,000) in angel funding from Kishor Gokhru (a large sub-broker for Sharekhan). The funds were raised few weeks ago and is primarily being invested in product development and marketing.
The Ahmedabad-based startup was founded by Anirvan Dam in August 2011. Prior to Joognu, Dam worked at companies like Aviva-COFCO Life Insurance Company, Radio Mirchi and Citibank India.
The site basically enables parents to store the journey of their children in their growing up years, which can then be presented to them (children) as a package once they are older. Parents can upload pictures, videos, documents and diary thoughts, etc., which are then stored in a structured storyline format (with the help of a âWeaverâ feature that literally weaves the captured memories) on the site.