# Crescere Technologies Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/crescere-technologies-private

- Industry: Internet
- Headquarters: New Delhi, India
- Website: www.trulymadly.com
- Total disclosed funding: $7.6M
- Latest round: Seed (May 13, 2021)
- Investors on record: 11

## About

Crescere Technologies Private Limited, through its platform Truly Madly, facilitates meaningful connections among individuals seeking long-term relationships in India by employing advanced matching algorithms.Founded in 2013 and headquartered in New Delhi, India, Crescere Technologies Private Limited operates Truly Madly, a matchmaking application designed for long-term relationships. The company has completed 8 deals and recently raised INR 26.38 mn in a funding round led by Z Nation Lab. The current valuation of the company stands at INR 2329.976 mn. The founding team includes Amit Gupta, Rahul Kumar, and Snehil Khanor, with Snehil Khanor currently serving as the CEO.Truly Madly is a leading matchmaking application in India, designed to facilitate meaningful connections for individuals seeking long-term relationships. The platform employs advanced algorithms to match users based on their preferences, interests, and compatibility scores, thus enhancing the likelihood of forming lasting bonds. Catering to the growing demand for personalized matchmaking, Truly Madly offers a user-friendly interface for potential partners to connect and engage in interest-based activities. The app primarily targets young professionals and individuals from diverse backgrounds in India, emphasizing safety and trust through features that promote secure user interactions.In the most recent year, 2023, Truly Madly generated revenue amounting to INR 1177975.8, with an EBITDA of INR -1451377.5. The company follows a subscription-based model, allowing users to access premium features for a fee, thereby facilitating a direct-to-consumer transaction structure.Crescere Technologies Private Limited intends to leverage new venture funding received from Desai Ventures to enhance its platform and expand its offerings. Future plans include introducing new products designed to improve user experience and explore expansion into additional markets beyond India. The company is actively developing initiatives aimed at increasing user engagement and improving its matchmaking technology.

## Funding rounds

- Seed, May 13, 2021, $2M — Inflection Point Ventures, The Chennai Angels, AngelList, Venture Catalysts, LVX, 9 Unicorn Ventures, Madison Capital, Negen Capital Services
- Series A, Mar 2, 2015, $5.6M — Helion Venture Partners, Kae Capital
- Seed, Aug 22, 2014 — Smile Group

## Investors

- Smile Group (https://capitalatlas.ai/funds/smile-group) — Seed
- Helion Venture Partners (https://capitalatlas.ai/funds/helion-venture-partners) — Series A
- Kae Capital (https://capitalatlas.ai/funds/kae-capital) — Series A
- Inflection Point Ventures (https://capitalatlas.ai/funds/inflection-point-ventures) — Seed
- The Chennai Angels (https://capitalatlas.ai/funds/the-chennai-angels) — Seed
- AngelList — Seed
- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Seed
- LVX (https://capitalatlas.ai/funds/lvx) — Seed
- 9 Unicorn Ventures — Seed
- Madison Capital (https://capitalatlas.ai/funds/madison-capital) — Seed
- Negen Capital Services (https://capitalatlas.ai/funds/negen-capital-services) — Seed