Leap.Club, a Bengaluru-based private professional network for women, has raised an undisclosed amount of funding from Snapdeal founders’ formed venture capital fund, Titan Capital.
Leap.Club (1) was founded by former Zomato executives Ragini Das and Anand Sinha in December 2019 and aims to bring better networking opportunities for women and beat the clutter of existing professional social networks such as Linkedin.
Leap.Club founders stated that they were fortunate to have worked with the best investors in the country and said, “The capital will help us grow faster and create a wider impact.”
The platform is presently offering paid memberships for women professionals by helping them grow their professional network and other growth tools like executive coaching, mental wellness focus, masterclasses, etc.
Over 200 women have already signed up for the platform since its launch in May 2020 and claim to have a waiting list of over 5k women. Leap.Club will be launching memberships in Bengaluru and Mumbai on 1st August and 1st September, respectively.
Lack of women in managerial roles
Earlier in May 2020, the platform also raised $340k in a pre-seed round from investors including Whiteboard Capital, FirstCheque, Artha India Ventures, Sweta Rau, founder at White Ventures, Amrish Rau, CEO at Pinelabs & founder at Citrus Pay, Deepak Abbot, former SVP at Paytm and Harpreet Singh Grover, co-founder at Co-Cubes.
Ankita Vashishtha, one of the founders at Titan Capital, said, “I am thrilled to be working with the team at Leap.Club. There is a growing need for a community-led private professional network, and they have fantastic early traction and growth. I hope more women join their mission and accelerate women entrepreneurship, empowerment, and engagement.”
There a lack of women in managerial roles, not only in India but all across the globe. Leap-Club will help women grow together as professionals on their exclusive network.