Influencer marketing platform One Impression raises $10 million from Krafton, others
One Impression, founded by the brother duo Apaksh Gupta and Jivesh Gupta in 2018, will utilise the money to expand its offerings, accelerate product development, and grow its presence in international markets starting with Southeast Asia and the UAE, the startup said in a statement.
Influencer marketing platform One Impression on Wednesday said it raised USD 10 million in series-A funding round led by South Korean gaming major Krafton Inc and others.
The Gurgaon-based startup claims to have helped over 500 brands, including the likes of Cetaphil, Meesho and MamaEarth, to drive growth with influencer-led initiatives. The platform transacts with thousands of creators including celebrities and nano influencers generating over 1,00,000 content pieces.
In the seed funding round in January 2022, it had raised USD 1 million from angel investors such as Peeyush Bansal (founder of Lenskart), Anupam Mittal (CEO of People group), and celebrities like Olympian Neeraj Chopra, and comedian Zakir Khan, amongst others.
One Impression, founded by the brother duo Apaksh Gupta and Jivesh Gupta in 2018, will utilise the money to expand its offerings, accelerate product development, and grow its presence in international markets starting with Southeast Asia and the UAE, the startup said in a statement.
Krafton is a South Korean collective of independent game development studios. The company consists of PubG Studios, Bluehole Studio, Striking Distance Studios, Rising Wings, Dreamotion, Unknown Worlds and 5Minlab.
Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets
11:23 AM IST