Offline, a private members’ community for tech founders and CEOs for India, has raised $2 million from a clutch of angel investors including Groww’s Lalit Keshre, Razorpay’s Harshil Mathur and Shashank Kumar, Xiaomi’s Hong Feng and Alvin Tse, Ultrahuman cofounders Mohit Kumar and Vatsal Singhal, in addition to cofounders of startups such as Shiprocket, Polygon, Park+, Fashinza, GoKwik, Mosaic Wellness and others.
The community platform, launched by Utsav Somani, former India head of AngelList, will build a closed-knit community of startup founders with a certain growth trajectory. “They need to meet either of these criteria to even apply – $5 million raised or $5 million in revenue or $10 million in a previous exit,” according to a statement.
Microfunds such as Better Capital, DeVC, Huddle, Riverwalk Ventures, and India Silicon Valley have also backed Offline.
Speaking to ET, Somani said that tech founders typically get invited to large scale events with 100-150 people, something that “doesn’t add as much value as the discussions that happen in private rooms and something that many founders don’t have access to”.
“We are bringing in the best executive coaches and trained facilitators in the country and even globally to build out a playbook that will enable us to host these monthly meetings with 6-8 founders that we will have in our member network. We will curate these very