New Delhi, February 8, 2017: Hubhopper, one of India’s leading content aggregator, discovery and publishing platforms has raised Angel funding from Surendra Daulet Singh Managing Director, GKR. Daulet Singh, Former CEO, British Bank of the Middle East (HSBC Group). This is the company’s third round of angel funding. His entry further strengthens Hubhopper’s Board of Advisors of which Surendra would be a member.
An alumnus of the prestigious Mayo College, Ajmer & St. Stephen’s College, Delhi; Surendra is an entrepreneur, banker and a human resources veteran. His earlier stints include Grindlays Bank, The British Bank of the Middle East (HSBC group) as Chief Executive Officer, Hong Kong Bank. This has given him a broad practical experience in all aspects of commercial banking and a deep understanding of Human Resources Management. In 1995 he founded GKR Daulet-Singh, an Executive Search business in India, in association with GKR & Associates of London.
“As an industry expert in Human Resources, I felt a company like Hubhopper that has since its inception (through strong industry practices) kept its focus on building a strong product and brand that stands its ground during different stages of the economic cycle is the future of the sustainable startup ecosystem in the country,” says Surendra Daulet Singh, Ex CEO, British Bank of the Middle East (HSBC Group) & MD, GKR. Daulet Singh
“One of the key strengths of Hubhopper has been the intellectual core – our Board of Advisors – comprising of some of the best business leaders of India. A combination of experience, insight and drive has made us a leading player in the industry. I am confident that Surendra’s experience as a banker, entrepreneur and human resource expert would be invaluable to Hubhopper,” says Gautam Raj Anand, Founder & CEO, Hubhopper
Hubhopper is a well-funded company and has already had three rounds of angel funding (including the current round). A young and dedicated team of 30 professionals with expertise across varied fields, headed by the founders – Gautam Raj Anand (Founder & CEO) and Uday Raj Anand (Co-founder & CSO) drive the operations at Hubhopper.
The company is backed by some of the leading names in start-up and VC ecosystem many of whom also form its board of advisors — Sanjeev Bhikchandani (Co-founder, Info-edge India); Sanjeev Lamba (CEO, Reliance Entertainment & Board Member Hungama); Raman Kapur (Founder Avana Systems & Foundation’s Edge); Raman Roy (CEO, Quattro & Father of Indian BPO) and Jaideep Krishna (MD, Aark Global Ltd. & Former CEO, Cerberus Global Fund)
Hubhopper aims to bring the content creators/publishers and consumers under one common platform with a familiar user experience. The Hubhopper app significantly cuts down the cost, time and effort associated with accessing/consuming content online. The app is available for iOS and Android devices. Hubhopper was recently rated the 33rd best Social app globally on the Google Playstore (4.7 rating), topping other leading social apps
It allows the content creators to publish and reach out to the right consumers. Now millions of users can enjoy high quality curated content – spanning across more than 40 categories like News, movies & TV, music, foodie, travel, health & fitness, love & sex, Business & finance, humour, technology and more available on the Hubhopper app.
Hubhopper content is free at the hands of the consumers. The company has a Freemium (Free+Premium subscribers) model for content creators – the base version is free but Hubhopper Pro that offers wider reach, publishing options and more control over user-experience, is paid for. Going ahead the company plans add revenue streams through advertising. With a large base of captive and engaged audience, Hubhopper offers to be a great place for marketers/advertisers to reach to their target audience, via very focused advertising campaigns. In the near future, the company also plans to introduce Premium (paid-for) content and monetized through subscriber, transactional or hybrid model.