Nascoom 10000 backed social SaaS startup EasyGov has raised undisclosed amount in angel round from Social Alpha – a Tata Trust Initiative – and clutch of other investors. The other investors include Rajan Anandan, Rajeev Ahuja (Navayuga Group) and Kshitij Arora. Few Investors from well-known VC firm LetsVenture also participated in the fund raising exercise.
Established in 2015 by Amit Shukla, EasyGov aims to provide common citizens easy access to government schemes and services through its citizen centric IT system. The company claims that it has needed passion for simplifying government schemes and services for Indian people. Among other services, the company focuses on helping people in procuring fresh voter ID and passports. It also helps people in renewing stolen/lost voter IDs and passports.
Shukla said in an interview that the company will use fresh funds to develop local language support. The move will help the company to break the language barrier in a multilingual country like India, where English is still a minority language. EasyGov currently offers service only in English language. Shukla also added that part of the fund will also go to R&D.
The Nascoom backed startup so far claims to have generated Rs 25 Lakhs in revenue and to have processed over 10,000 service requests in the past 12 months in NCR region.
Although social startup do not get much media coverage, but they have been able to generate fair amount of interest from VC’s and other investors. Some of the well-known companies in this area are Hungary Foal, Corporate 360, Milaap and Impact GURU.