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Social-media platform Grapevine to raise ₹34 crore in Series A led by Kae Capital
Grapevine is raising ~₹34 crore in Series A to scale its anonymous discussion platform in India, led by Kae Capital and other VCs.
Indian social-media startup Grapevine is in talks to raise about ₹33.86 crore (roughly US $3.8 million) in a Series A round, led by Kae Capital and joined by Peak XV Partners and Unilazer Ventures. The platform enables anonymous discussion threads across career, finance and lifestyle categories, and is valued at around ₹150 crore (~US $17 million). The board approved issuing ~44,325 preference shares at ₹7,599.5 each. Funds will be used to scale operations, expand moderator tools and build monetisation engine. This focus on niche social-tech signals investor interest in new community-economy formats.