# Zorro Internet Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zorro-internet-private

- Industry: Internet
- Headquarters: India
- Website: www.hood.live
- Total disclosed funding: $3M
- Latest round: Seed (Nov 17, 2021)
- Investors on record: 6

## About

Zorro Internet Private Limited operates Hood, a pseudonymous social networking platform that enables users to share thoughts and experiences anonymously, fostering a safe environment for open discussions.Founded in 2021, Zorro Internet Private Limited is based in India and operates Hood, a social networking platform that focuses on anonymous user interaction. The company has raised a total of INR 12 million through three funding deals, with its most recent deal occurring on February 25, 2023. The CEO, Jasveer Singh, also co-founded Zorro Rides, indicating a history of entrepreneurial endeavors in the tech space.Hood allows users to confidentially share and discuss various topics, promoting community building through features like 'Anonymous Groups.' These groups enable users to congregate around shared interests without revealing their identities. The platform primarily targets urban users in the United States and India, catering to a diverse audience, including students and professionals seeking supportive spaces.In the most recent fiscal year of 2023, Zorro Internet Private Limited reported zero revenue, with an EBITDA loss of INR 713,781.4. The revenue model is expected to evolve as the platform engages users through group participation and potential partnerships, although specific pricing details have not been disclosed.Following its recent funding of INR 12 million raised in February 2023, Zorro Internet Private Limited plans to enhance its technology infrastructure, recruit tech leaders, and improve content moderation processes. The investment will support the development of new products, aiming for broader market penetration, particularly focusing on expanding its reach in urban areas of India and the United States by the end of 2024.

## Funding rounds

- Seed, Nov 17, 2021, $3M — Venture Catalysts, 3one4Capital Advisors, Roots Ventures, QED Innovation Labs, 100Unicorns, Eximius Ventures

## Investors

- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Seed
- 3one4Capital Advisors (https://capitalatlas.ai/funds/3one4capital-advisors) — Seed
- Roots Ventures (https://capitalatlas.ai/funds/roots-ventures) — Seed
- QED Innovation Labs — Seed
- 100Unicorns (https://capitalatlas.ai/funds/100unicorns) — Seed
- Eximius Ventures (https://capitalatlas.ai/funds/eximius-ventures) — Seed
