Hashtaag raises US$1M to help entrepreneurs and startups build native mobile apps
It helps companies transform their mobile businesses through product strategy consultation, UI/UX design, cross-platform development, quality assurance and deployment
Hashtaag Co-founders Kim and Jayavardhan BN
Hashtaag, a startup that builds native mobile apps and products, has secured US$1 million in from a group of unnamed angels.
The Bangalore-bases startup will use the investments for talent acquisition, product R&D and geographic expansion. It aims to reach 100-plus employees by the end of 2016 in India.
With offices in Chennai, Mumbai and San Francisco, the startup also looks to expand globally.
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“We are extremely thrilled to secure this funding that will enable us to hire better talent, build better products and expand operations further in India and globally. We intend to make rapid inroads in the design-led app engineering space, and with this additional funding impetus we can continue to focus on delivering the best products to meet our client’s needs with our fundamentally unique business model and value propositions,” said Krishna Vemula (Kim), Chairman and Co-founder of Hashtaag.
Hashtaag was founded in 2015 by Kim and Jayavardhan BN. It primarily works with entrepreneurs and startups looking for high-quality mobile app development partner. Hashtaag helps companies transform their mobile businesses through product strategy consultation, UI/UX design, cross-platform development, quality assurance, deployment, and ongoing support of premium mobile and web applications.
Currently, the company employs over 40 mobile app developers, designers and support staff.
With more than US$1 million in revenues, Hashtaag has partnered with companies such as Doors, Shouut, Paperboy, FaceChat, Curiocty, and Logoon – all owned by popular celebrity icons and serial entrepreneurs.
“While India has been a source for less-expensive development resources for a while, we’ve seen international companies hesitating to use Indian agencies due to quality concerns. Mobile apps or technology products need premium design and development to be successful. Hashtaag is working to raise the bar in India – and around the world – in providing excellence for our clients,” said CEO Jayavardhan.
A few months ago, Applop Mobile Solutions, a SaaS startup that enables smartphone users to create their own mobile app, raised a bridge round of funding from GHV Accelerator.
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