Dating platform Schmooze raises USD 4 million from Elevation Capital, others

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New Delhi: AI-powered meme-based dating platform Schmooze has raised USD 4 million (over Rs 33 crore) in a funding round by Elevation Capital, and angel investors, including the founders of UltraHuman, The Souled Store, Mosaic Wellness and Paytm.

Within 10 months since its launch in India, Schmooze has attracted over 1 million users and witnessed a staggering 900 million meme swipes.

The new funding will be used to scale user acquisition efforts on the platform.

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