Veera, a rewards-powered internet browser, on Wednesday said it has raised $6 million in a seed-funding round led by Ayon Capital.
Ayon Capital is a Florida-based single-family office that has invested in Vested Finance – an online platform that enables Indian investors to invest in the US stock market – in the past.
The round saw participation from a host of investors including institutions and angels – 6th Man Ventures, Folius Ventures, The Operating Group, iSeed Ventures.
Ayon Capital is also an investor in Brave, a privacy-focused internet browser built by a team that had previously built Firefox.
Founder and CEO Arjun Ghose told ET that the new capital will help expand the company’s engineering team to accelerate product development, enhance infrastructure and invest in marketing initiatives.
“The overwhelming response from users following the introduction of our rewards program and the launch of our super-fast browser has reinforced the need for a product like Veera in India… We aim to continue innovating and delivering value to our users as we solidify Veera's position as the preferred browser for Indian internet users,” Ghose said in a statement shared with ET.
In an interaction, Ghose told ET, “What better distribution platform than a