Cosmofeed, a content monetization and consumption platform, has raised $1.5 million in its seed round co-led by growx ventures, Waveform Ventures, & 9 Unicorns with participation from Singapore-based investment holding company Silk Bridge Partners (SBP).
Swati Mohan (CBO – Heads Up For Tails, former CMO – Netflix India), Rannvijay Singha (actor, influencer) & Subhadip Nandy (trader, financial educator) also participated in the round.
The funding will allow Cosmofeed to extend its network to a wider audience of relevant end-users while constantly innovating to provide a hassle-free end-to-end experience. The startup will also use the proceeds to ramp up its team and hire people for product, engineering and customer success, it said in a press release.
Founded in September 2021 by Vivek Yadav and Vishnu Pathak, Cosmofeed helps content creators make money and brings them closer to their community. Its app allows creators to build premium groups with ease, manage or host online events with one click, and connect with audiences instantly.
Creators can monetize via premium subscriptions, gated content, and webinars while enjoying a real-time seamless payout. Since its launch, the Gurugram-based startup has grown rapidly to a strong user base of 50K, with a 25% paid cohort.