Social Networking App O hi Secures Funding for Global Expansion

O Hi App
Preeti Bali / 6:40 am / June 27, 2024

O hi, a social networking application, has successfully raised Rs 8 crore (approximately $1 million) in its pre-Series A funding round. The round was led by existing investors JIIF, with participation from prominent angel investors. The influx of capital will be used to bolster O hi’s product offerings and integrate an artificial intelligence (AI)-based profiling system.

Unique Approach to Social Interaction

Founded by Adeeti and Rupal, O hi breaks the mold of traditional social media by fostering real-life human interaction within shared physical spaces. The app achieves this by creating digital chatrooms within cafes, airports, and hotels. O hi envisions its platform as a catalyst for building networks and fostering connections that translate into real-world opportunities and success.

Global Expansion on the Horizon

O hi’s reach is set to extend beyond India’s borders. The Welsh Government has invited the company to establish its platform in the UK. A soft launch is scheduled for July 2024, with the Welsh Government offering support and resources to facilitate O hi’s successful entry into the UK market.

Building a Thriving Community

O hi functions by creating digital spaces within physical locations, allowing users to connect and build communities in real-time. The company reports a significant surge in user base, doubling its user acquisition rate in just the past 45 days compared to the previous 24 months. This rapid growth indicates a strong market fit for O hi’s unique approach to social interaction.

From Development to Growth

Following a product development phase exceeding two years, O hi has successfully transitioned into a beta stage. The platform now boasts a user base exceeding 800,000, and with the fresh infusion of capital and strategic partnerships, O hi is poised for continued growth and expansion.

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