Gurgaon based lifestyle platform What’s Up Life (WUL) has raised $1 million funding by Karan Puri, author of the National Bestseller, Shit Happens and Praveen Puri of Skyline Education Group.
The investors are planning to invest more money to fuel the growth of the platform in various cities.
“The company will utilize funding for expansion and growing its team to newer cities and will also create new business lines. Our mobile app is what we’d be focusing on to reach out to more people offering customized content and amazing deals,” said Gaurav Luthra, founder, What’s Up Life.
“I see a bright future for the digital media industry which is growing at a rate of 32 percent and believe that digital footprints are what all industries are seeking across the globe. India is a ripe market with immense scope of growth and digitalization is the way forward,” said Karan Puri.
“We are investing in technology. We invest only when we are convinced about the revenue model. Now with this investment, we have taken a stake in a couple of IT firms in India. The group also has a venture capital fund that seeks to develop new business ideas,” said Praveen Puri, investor, WUL.
What’s Up Life is an elite member base of establishments and service providers who represent various cities based offers. It’s a destination portal, covering the full spectrum of events, restaurants, hotels, shopping, wellness, spas, getaways and a lot more to help make their experience of exploring the city completely.