Madhu Sudhan and Sidharth Rao's Punt Partners raises capital

Punt Partners, the venture rolled out by Madhu Sudhan and Sidharth Rao, earlier this year, has announced it has raised its first round of capital from angel investors and entrepreneurs.

 

The first raise featured names from the world of media and advertising, marketing.

 

Here's the list of investors:

 

The round also saw participation from funds like Point OneCapital, Namma Capital and Real Time Angel Fund along with Talented.

 

Rao and Sudhan said, "We are thrilled to have such a high quality set of investors bullish about the opportunity at hand. The process of fundraising itselfbecomes an experience full of value-adds when you’re sitting across the table with seasoned angel investors and successful entrepreneurs like the ones we’re dealing with, many of whom we consider our friends. This round of capital infusion directly goes towards accelerating our global team expansion and operations rapidly. Our immediate focus is to close some strategic partnerships, which we will be announcing in the coming months. We specially want to thank our former colleagues and friends who believed in our vision and decided to participate in this round."