The Economic Times

AngelList India, Hustle Fund, Unpopular, Republic and others fund firm

Shareholder management platform EquityList, which was spun off from Naval Ravikant-founded AngelList's India entity in January, has raised $2.2 million in its seed funding round from AngelList India, Hustle Fund, Unpopu lar Ventures, private investing platform Republic and other startup investment platforms. The round also saw participation from angel investors including Livspace cofounder Ramakant Sharma, Cars24 cofounder Gajendra Jangid, Sairee Chahal of Sheroes and Five Star Finance CEO Rangarajan Krishnan. With the fresh fundraise, the company plans to increase the size of its team from 11 to service its existing customer base, in addition to looking at expanding into new markets such as West Asia and North Africa, EquityList CEO Kashish Sharma told ET.