Pseudonymous social network Zorro has raised $3.2 million in seed round from 16 unicorn founders including Vijay Shekhar Sharma, Ritesh Agarwal, Ashish Hemrajani, Kunal Shah , Ankiti Bose, Ashneer Grover, Lalit Keshre, Jitendra Gupta, Gaurav Gupta and other angel investors.
Venture capital firms 3one4 Capital & 9Unicorn Ventures co-led the seed funding round while Eximius Ventures, Roots Ventures and Venture Catalyst also participated.
The social network Zorro is co-founded by Jasveer Singh, Abhishek Asthana and Deepak Kumar. Singh has built startups earlier while Asthana, popularly known as GabbbarSingh on the internet holds a decade of experience building brands & businesses. Kumar who is the CTO has earlier worked with Inshorts, Paralleldots & BlackBeltHelp.
“One key issue in this day and age is paid PR, paid tweets and even paid reviews. Often the truth is hidden on the 6th page of Google search results. Zorro is a pseudonymous social network, which is ring-fenced and content moderated. This gives you a clean & authentic timeline consisting of people from your network, sharing & consuming content freely,” said co-founder and CEO Jasveer Singh in the press statement.
The funds will be used to build a tech team, with strong problem solving skills that can build and scale the product.
“We found out the need to have a pseudonymous network, which lets you express yourself freely & fairly to the people who are strictly a part of your existing network, basically a ring-fence. Hence, Zorro has been positioned as a means to discover truth,” said COO Asthana.
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