Seed · Consumer
Alive App raises $1m Seed round led by Powerhouse Ventures
Flipkart Ventures joined the round as Alive App expands the supply of experiences available to urban consumers.
Building on the earlier pre-seed
Alive App’s $1 million Seed financing follows a ₹6 crore pre-seed round raised in the previous year. Powerhouse Ventures led the new round, with Flipkart Ventures participating.
The company plans to broaden its product and experience supply while encouraging consumers to book activities more frequently. It operates in six Indian cities and is targeting threefold revenue growth; that target describes its plan rather than an achieved result.
Use of funds
Expand product and experience supply
Increase the frequency of leisure and experience activities among urban consumers
Funding history
Seed · This round$1M