Anand Mahindra invested 7.5 crore rupees in this Gurugram startup, know what the company does?

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anand mahindra

In 2018, Hapramp was founded by five students of the Indian Institute of Information Technology (IIT) Vadodara. Mahindra announced via Twitter in the year 2018 that it can invest in an Indian social media startup that meets certain conditions.

New Delhi: Anand Mahindra, chairman, Mahindra Group, has invested 7.5 crore rupees ($ 1 million) in Gurugram’s blockchain-based social media startup Hapramp. The startup was founded in 2018 by five students of the Indian Institute of Information Technology (IIT) Vadodara. In the year 2018, Mahindra announced via Twitter that it can invest in an Indian social media startup that meets certain conditions.

Anand Mahindra tweeted on Wednesday, finally after two years I found the startup company I was looking for! Hapramp is an indigenous company, formed by five young founders. This company is taking creativity, technology as well as data protection together. Look at their social networking platform gosocial.

He asked Jaspreet Bindra, a former Mahindra official, to work closely with him to find the next generation of Indian social network startups. Bindra said that Hapramp’s team is developing a Web 3.0 social network. It is built on emerging digital technology. It has a solid business model that rewards content creators and protects personal information. This is good for everyone because it is being developed here in India.

Apart from GoSocial, the social networking solution Hapramp also operates 1Ramp.io. It is a social media platform based on Steam blockchain and Asteria Protocol. Asteria Protocol will help platforms to treat public data privately and securely.

Shubendra Vikram, co-founder and CEO of Hapramp said, We are very honored and excited. Our plan is to expand our platform through this fund and want to empower the creators.

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