Hashtaag, an Indian based startup mobile application development firm , announced that it’s secured $1 million in angel funding. The firm was founded in 2015, and currently employs 40 mobile app developers, designers, and support staff working with entrepreneurs and startups looking for high quality mobile app development partners. Hashtaag provides companies with consultancy services, UI/UX design, cross platform development, quality assurance, deployment, and ongoing support of premium mobile and web applications.
“We are extremely thrilled to secure this funding that will enable us to hire better talent, build better products and expand operations further in India and globally. We intend to make rapid inroads in the design-led app engineering space, and with this additional funding impetus we can continue to focus on delivering the best products to meet our client’s needs with our fundamentally unique business model and value propositions.” said Krishna Vemula, Chairman & Co-Founder of Hashtaag.
With over $1 million USD in revenue, the company looked for funding to support its talent acquisition, product R&D, and geographic expansion. With this new funding, Hashtaag looks to exceed 100 employees by the end of the year. The firm currently has offices in a number of cities in India, with an additional office in San Francisco that caters to serial entrepreneurs in the United States.
“While India has been a source for less-expensive development resources for a while, we’ve seen international companies hesitating to use Indian agencies due to quality concerns. Mobile apps or technology products need premium design and development to be successful. Hashtaag is working to raise the bar in India – and around the world – in providing excellence for our clients. We are glad that investors are recognizing our potential to capture a large portion of a booming market.” said Jayavardhan B N, CEO & Co-founder, Hashtaag.
Hashtaag is the mobile app development partner of apps such as Doors, Shouut, Paperboy, FaceChat, Curiocty, and Logoon.