Gurgaon based Instant Messaging App Yup! has raised a $500K seed funding round led by Arun Khanna, chairman of Olive Telecom, and Harsh Khanna, test lead at HTC, VC Circle reported.
Yup!, which competes another popular India-developed IM app Hike, was launched in June in this year. According to app founders, Yup! has already witnessed over 2 Lakh downloads since its launch. The app is currently available on Android Platform only, but the company plans to launch its iOS iteration soon.
Talking to VC Circle, Tushar Malhotra, co-founder of Yup! said,
The funding is being used to turn Yup! into a go-to destination to access all kinds of information that are of human interest, with a single click