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Leap.Membership Raises Undisclosed Quantity From Titan Capital

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Leap.Membership is a non-public skilled community for girls launched by former Zomato executives Ragini Das and Anand Sinha in Might 2020

In Might this 12 months, the platform raised $340,000 in a pre-seed spherical from a variety of traders

Leap.Membership claims to have 200 signees up to now and a ready listing of 5000 girls

Leap.Membership, a non-public skilled community for girls, on Monday, raised an undisclosed quantity of funding from Titan Capital, the enterprise capital fund created by Snapdeal founders Kunal Bahl and Rohit Bansal, and Ankita Vashishtha, who’s the managing accomplice at Saha Fund, an early-stage VC fund. 

Based in December 2019 by former Zomato executives, Ragini Das and Anand Sinha, Leap.Membership is supposed to convey higher networking alternatives for girls and beat the muddle of present skilled social networks equivalent to Linkedin. The platform was launched in Might 2020, when it additionally raised $340,000 in a pre-seed spherical from a variety of traders, equivalent to Whiteboard Capital (Sandeep Tandon’s VC fund), FirstCheque, Artha India Ventures, Sweta Rau (founder, White Ventures), Amrish Rau (CEO Pinelabs, founder Citrus Pay), Deepak Abbot (former SVP, Paytm) and Harpreet Singh Grover (co-founder, Co-Cubes) amongst others. 

“We are happy to welcome Kunal, Rohit and Ankita to Leap.Club and are fortunate to be working with the best investors in India. The capital will help us grow faster and create a wider impact,” Leap.Membership founders stated in a joint assertion.

The platform is at the moment providing a paid membership for girls professionals, claiming to assist them of their skilled development by companies equivalent to curated skilled community, govt teaching, concentrate on psychological wellness, masterclasses, and extra. Memberships launched in Might 2020 and practically 200 girls have already signed up. The corporate claims to have a ready listing of 5000 girls and is now launching memberships in Bengaluru on 1st August and Mumbai on 1st September. 

“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,” stated Ankita Vashistha of Titan Capital in an announcement.

The Leap.Membership web site highlights developments which recommend that girls are much less prone to be promoted to managerial positions in India. Leap.Membership claims that whereas there are 48% of all staff working in entry-level positions in India’s company sector are girls, their illustration progressively declines as we transfer up the company ladder, with solely 21% of C-suite executives in India being girls. 

The shortage of girls illustration in company positions isn’t India-specific. The World Financial Discussion board says that on the present fee of change, it’s going to take 108 years to shut the general gender hole and 202 years to convey parity within the office.



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