Binny Bansal, Kunal Shah back Protonn

Chennai: Tech startup Protonn has raised seed investment of $9 million in its first external funding led by Matrix Partners India along with 021 Capital and Tanglin Venture Partners.

Angel investors in the round included Binny Bansal (co-founder, Flipkart), Kalyan Krishnamurthy (CEO, Flipkart), Neeraj Arora (former Whatsapp executive), Sujeet Kumar (co-founder, Udaan), and Kunal Shah (founder, Cred).

Co-founded by Anil Goteti and Mausam Bhatt who earlier held leadership positions at Flipkart and Google Commerce respectively, Protonn helps independent professionals to market and manage their businesses using video marketing, scheduling, payments and CRM.

The startup said it will use the funds to hire more talent, for marketing and continued product development.

The fundraise also coincides with Protonn launching its product to its users in the US after being in closed beta for the last few months. The iOS app is live and the company will also be launching an Android app and web versions in the coming months. Protonn combines a suite of tools including video marketing, billing and payments, and single dashboard business management among others. It helps create professional videos easily and quickly for professionals to share on social networks and with business prospects.

Mausam Bhatt, co-founder of Protonn said video technology in professional settings hasn’t kept pace with advances on the consumer front pioneered by apps like Snapchat and TikTok and Protonn is trying to fill that gap. Protonn has a global workforce with staff across the US, Europe, and India.