Dil Mil, on Thursday said it has $ 2.7 million in its Pre-Series A round from a clutch of investors. The money would be used to experiment and harness emerging technologies and expand the product offering.
The investors in this round include, Nelstone Ventures, Transmedia Capital, Maiden Lane Ventures, CSC Upshot, Naval Ravikant (founder of Angel List), Kunal Shah, Sameer Parwani and Vijay Ullal.
Dil Mil is a matchmaking app connecting South Asians across the globe. “Social discovery is turbocharged with our machine learning algorithms which is working to quantify human emotion and truly predict compatibility.
The app is free, but there are certain paid products within the app, so it’s a freemium’ model.
The current products are a monthly VIP subscription which unlocks more features and a la carte product which allows you to purchase more likes called “Dils.
Most dating apps are trying to capture the short term relationship space similar to Tinder.
As we are the most popular and trusted dating app for South Asians in the Diaspora (the US, the UK, Canada, and Australia), we are not only connecting people locally but also are connecting NRIs and Indians, said Dhaliwal