Gurugram-based DROR Labs, which provides security solutions for people in urban areas, has raised an undisclosed sum in a funding round from venture capital firm Inflection Point Ventures.
In September 2019, the company raised $0.1 million, as a part of $0.4 million investment drive by early-stage angel investor India Accelerator in five startups. India Accelerator was formed by Ashish Bhatia, founder of legal consultancy platform Lawyered, Mona Singh, who worked at a software company GrapeCity, and Abhay Chawla.
With the newly raised funds, the company is planning to strengthen its technology platform and invest in customer acquisition, according to a statement. It did not disclose the stage of funding.
Founded in 2018 by Dhiraj Nauhbar and Dheeraj Bansal, IIT Bombay graduate, the technology-driven platform aims to ensure the safety of users, especially women. It connects users with each other to build a trustworthy and reliable community. The platform allows people to call for help by sending a distress message. DROR claims to have successfully helped over 700 families so far.
The company’s board also has advisors from defense forces Commander Rahul Bose and Commander Pallav Prakashex-Indian Navy, criminology and victimology academician Madhumita Pandey, and social activist for women's rights Neelam Kumari.
“I firmly believe community and technology have the power to solve this big problem of personal safety in India. Personal safety cannot be solved by providing need-based solution, it’s a habit which needs to be built using technology and engagement is the way forward,” said Naubhar in the statement.
“DROR addresses one of the core issues related to women’s safety with a sense of community; it differentiates itself beyond traditional alarms and alerts by creating a network of people that can help in distress,” said Gopi Latpate, an IP Ventures angel investor.
Earlier this month, Inflection Point Ventures invested an undisclosed sum in Noida-based IDO Sports, which owns sports discovery platform Sportido, along with private investment firm Sucseed Venture Partners.
In October, Mumbai-based Talent Litmus, a platform for game-based assessments and learning, raised an undisclosed amount Inflection Point Ventures and Haptik co-founder Aakrit Vaish.