Rigi’s January 2023 Series A extension raised ₹100 crore
Elevation Capital led the financing to expand Rigi’s creator tools and reach in Southeast Asia.
Rigi raised ₹100 crore in a Series A extension announced on January 25, 2023. Elevation Capital led the round, with returning investors Accel, Stellaris Venture Partners and Sequoia India, now Peak XV Partners.
Creators and online communities
The company provided tools for paid communities, subscriptions, workshops and one-to-one classes, with integrations for platforms including WhatsApp and Telegram. It planned to expand into more content categories and Southeast Asian markets.
Angel participation
Angel investors included MS Dhoni, Kunal Shah, NoBroker cofounder Amit Agarwal, Country Delight cofounder Chakradhar Gade and creator Sharan Hegde.
Use of funds
Expand creator tools and categories and grow across Southeast Asia.