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    Startup CometChat gets seed funding from Techstarts Boulder

    Synopsis

    Techstars is a US based seed accelerator which runs programmes involving startups to pump up their growth.

    Startup-gettyGetty Images
    Techstars is a US based seed accelerator which runs programmes involving startups to pump up their growth.
    MUMBAI: CometChat, a Mumbai based CpaaS (communication platform as a service) start-up has received a seed funding of $ 1,20,000 from Techstars Boulder.
    Techstars is a US based seed accelerator which runs programmes involving startups to pump up their growth.

    CometChat, in a statement on Thursday said it has become the first Indian startups to be selected in a 3-month Techstars Boulder programme.

    Under the program, CometChat will have access to Techstars resources such as mentors, financial, legal and infra resources for life. This would include access to Techstars network of more than 10,000 entrepreneurs, 2,700 investors and 1200 alumni companies. At the end of 3-month program, selected companies in the program will be showcasing their progress and refined product to investors as part of demo day, which is likely to result in further growth stage funding and visibility, the startup said in a statement.

    Natty Zach, Managing Director, Techstars Boulder, says, “We are excited to work with CometChat in the next class of Techstars Boulder. This is the first company from India accepted into the boulder accelerator program. We hope the learnings about building great companies will flow in both directions.” Anuj Garg, Co-founder & CEO, CometChat, says, “This is a big milestone for us as we are the first Indian startup to be accepted into Techstars Boulder.”

    The funding and being part of the Techstars could also help the Mumbai based startup founded by twins, in the Us market as well.

    Anant Garg, Founder & CTO, CometChat, says, “We believe we are at the cusp of a big milestone in the journey of CometChat. Techstars program will help us enter the US market and establish corporate channels and expand our presence in a big way.
    The Economic Times

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