Women’s networking startup Leap.club raises $1 million funding

Existing investor Enzia Ventures led the round, which also saw participation from Artha India Ventures, Ghazal Alagh of Mamaearth, Alok Mittal of Indifi, Atul Goel (E-city Ventures), and Vatsal Singhal of Ultrahuman, among others.

The latest fundraising comes 12 months after the company raised $810,000 in its previous round. It also raised $380,000 in July 2020.

Members use Leap.club to expand their network, make career moves, build an audience, and make friends.
“The funding will be used to accelerate growth and go from 10,000 to 100,000 paying members. We are a revenue-first company and on track to hit Rs 100 crore of revenue in the next 36 months. As a team, we aim to see more women in leadership roles and are building a platform to enable this for our members with a focus on network, learning and jobs,” said cofounders Ragini Das and Anand Sinha.

Leap.club claims to be one of the few startups in India with a majority of women investors on their cap table.

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“I have come to love and admire what Ragini and Anand are building at Leap.club. They have a bold mission and ambitious goals to build the best professional network globally for women. They’ve not only demonstrated a very strong product-market fit in a short period but also retained the focus on delivering the highest quality experience to its members,” said Ghazal Alagh, founder of Mamaearth.