LocalCircles, Indian citizen engagement platform, has announced that Dalmia Group Managing Director, Puneet Dalmia has become an investor in the company after its investments from Anand Mahindra and Nadir Godrej. The funding amount is still undisclosed.
The new funding will be used to expand its presence, strengthen technology and hire more talent.
LocalCircles enables citizens to connect with national and local governance, find emergency assistance, resolve civic issues, improve law & order, and connect with causes/interest they care about.
From citizens sharing their collective views on Making Parliament Function, Net Neutrality, Functioning of Odd-Even rule in Delhi, the company also enables community assistance for citizens like Finding Blood, Law & Order Issues, Cancer or Health Information.
The startup is in the process of enabling communities for many more causes and making the existing communities available to many more citizens and the funds raised will be used towards that. The firm claims that it represents Social Media 2.0 which is focused on solving real world problems by bringing people together.
LocalCircles founding team comprises of Sachin Taparia, former Managing Director at Boeing International; Abhishek Gupta formerly of Oracle Inc; Mukesh Gupta Former executive of Juniper Networks and K Yatish Rajawat, Former Group Managing Editor of Dainik Bhaskar group. The advisory board of the company includes Nadir Godrej, Managing Director of Godrej Industries; RC Bhargava, Chairman Maruti Suzuki and Anand Mahindra, Chairman, Mahindra Group.
“What makes it highly relevant is that any public leader or corporate can easily connect with its constituents or customers using LocalCircles, understand issues better, resolve them and stay connected with the collective pulse in real time,” said Puneet Dalmia, Managing Director, Dalmia Bharat Cement.
Speaking on the occasion, Sachin Taparia, Chairman and CEO, LocalCircles said, “Puneet’s understanding of technology, how it can enable good governance while creating value for all stakeholders will be a great asset to us.”Category Investments News