When was Shuru founded?

Shuru was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Shuru located?

Shuru is headquartered in Gurugram, India. It is registered at LG-007-02, LG Floor, MGF Metropolis Mall, MG Road, DLF QE, Gurgaon, Dlf Qe, Haryana, India, 122002.

Who is the current CEO of Shuru?

Diwakar Kaushik and Mayank Bhangadia s of Shuru. Diwakar Kaushik is also an angel investors in 1 startup.

Which legal entities is Shuru associated with?

Shuru is associated with CLOSE APP PRIVATE LIMITED.

How many employees does Shuru have?

As of Jun 30, 2026, the latest employee count at Shuru is 26.

Is Shuru a funded company?

Shuru is a funded company, having raised a total of $4.73M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 11, 2021.

How much is Shuru worth?

The latest valuation of Shuru is $***** as of May 22, 2025.

When was the latest funding round of Shuru?

Shuru's latest funding was a $***** Series A round on May 22, 2025, with participation from 3 investors. Its primary sector is Social Platforms. In India, the Social Platforms sector has seen $22.7M in funding in 2026 to date.

What is the annual revenue of Shuru?

Annual revenue of Shuru is less than ₹10 Cr as on Mar 31, 2025

Where does Shuru rank among its competitors?

Shuru ranks 3rd amongst 374 active competitors, of which 36 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Shuru, which secured $3.39M in May, 2025.

Who are the top competitors of Shuru?

Shuru's top competitors include MeetMe, Jodel and Radiate. Among them, Shuru secured the most recent funding round in May, 2025.

Shuru - 2026 Company Profile, Team, Funding, Competitors & Financials

Shuru is a series A company based in Gurugram (India), founded in 2021 by Diwakar Kaushik, Harsh Chhabra and Mayank Bhangadia. It operates as a Community platform for neighborhood. Shuru has raised $4.73M in funding from Krafton and Omidyar Network India, with a current valuation of $*****. The company has 374 active competitors, including 36 funded and 12 that have exited. Its top competitors include companies like MeetMe, Jodel and Radiate.

Company Details

Community platform for neighborhood. It allows users to connect with like-minded people from the same locality and discuss various topics. It creates a digital space for citizens to share, solve, and build neighborhoods. It also enables users to post, advertise, and engage with their local community. The mobile application is available for Android devices.

Website: shuru.co.in
Social
Email ID: *****@shuru.co.in
Registered Address: LG-007-02, LG Floor, MGF Metropolis Mall, MG Road, DLF QE, Gurgaon, Dlf Qe, Haryana, India, 122002

Key Metrics

Founded Year

2021

Location

Gurugram, India

Stage

Series A

Total Funding

$4.73M in 3 rounds

Latest Funding Round

Series A, May 22, 2025, $*****

Post Money Valuation

$***** as on May 22, 2025

Investors

Krafton & 13 more

Ranked

3^rd among 374 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

26 as on Jun 30, 2026

Similar Companies

MeetMe & 931 more

View Shuru's full profile

Shuru is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CLOSE APP PRIVATE LIMITED CIN: U72900HR2021PTC095047 , India, Active	May 15, 2021	0 - ₹10 Cr (As on Mar 31, 2025)	-

Shuru has raised a total funding of $4.73M over 3 rounds. Its first funding round was on Nov 11, 2021. Its latest funding round was a Series A round on May 22, 2025 for $*****. 3 investors participated in its latest round. Shuru has 10 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Shuru:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 22, 2025	2110069	Series A	8290518	8784257	1878201	8860424
Aug 18, 2022	5936493	Series A	6596723	7092130	6283249	Eximius Ventures & 2 more
Nov 11, 2021	7275351	Seed	8407849	4361427	Kunal Bahl & 2 more	Appyhigh & 2 more

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View details of Shuru's funding rounds and investors

The founders of Shuru are Diwakar Kaushik, Harsh Chhabra and Mayank Bhangadia. Mayank Bhangadia is the CEO of Shuru.

Here are the details of Shuru's key team members:

Diwakar Kaushik: Co-Founder & CEO of Shuru and founder of 1 other company. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Harsh Chhabra: Co-Founder of Shuru.
Contact Info: 1 email address
Mayank Bhangadia: Co-Founder & CEO of Shuru.
Contact Info: 1 email address

Shuru's Board of Directors

Shuru's board has 2 active members. Mayank Bhangadia and Harsh Chhabra are independent board members.

Here is the list of Shuru's board of directors:

Name	Type	Representing	Status	Duration
Mayank Bhangadia	Independent board member	-	Current	5y 3m
iosbkze	Independent board member	-	Current	1y 3m

View details of Shuru's Founder profiles and Board Members

Shuru's employee count trend

Shuru has 26 employees as of Jun 26. Here is Shuru's employee count trend over the years:

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Top competitors of Shuru include MeetMe, Jodel and Radiate. Here is the list of Top 10 competitors of Shuru, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MeetMe 2005, New Hope (United States), Acquired	Social platform to meet new people	$22.3M	Western Technology Investment, First Round Capital ... & 4 others	63/100
2nd	Jodel 2014, Berlin (Germany), Series A	App-based social platform connecting students	$6.76M	Floodgate, NetEase Games & 24 others	61/100
3rd	Shuru 2021, Gurugram (India), Series A	Community platform for neighborhood	$4.73M	LetsVenture, Appyhigh & 12 others	59/100
4th	Radiate 2015, New York City (United States), Seed	A location-based app to connect people attending music festivals.	$1.41M	Lerer Hippeau, Mehta Ventures & 1 others	56/100
5th	Zenly 2011, Paris (France), Acquired	Mobile app for sharing real-time location	$33.7M	Benchmark, Idinvest Partners & 9 others	50/100
6th	Jagat 2021, Jakarta (Indonesia), Unfunded	Location-based mobile social app	-	-	50/100
7th	IamHere 2017, Bengaluru (India), Seed	Hyperlocal social network platform connecting individuals	$657K	Government of Karnataka, Sarthy & 12 others	47/100
8th	Mico 2015, Hong Kong (China), Acquired	Online social platform for connecting with friends and planning meetups	$30M	NewBornTown	46/100
9th	Noomeera 2012, Moscow (Russia), Unfunded	Location-based social platform for connecting with friends	-	-	46/100
10th	Pod 2009, Manhattan Beach (United States), Seed	Social platform for connecting with people with similar professional interests	$7.5M	PACA Ventures & 1 others	45/100

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Founders (largest shareholder) own 76.67%, Funds own 17.49% and Angels own 5.83%. The net worth of Shuru's founders is INR 38.4Cr as of Aug 18, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	76.67%	38.4Cr	4606319	6440899	5168527	2540242
Fund	17.49%	8.78Cr	3827395	2557741	7180299	2220046
Omidyar Network India	1943008	1709501	7791063	3290748	4898885	1260471
Eximius Ventures	73	18	46	94	94	93
Angel	5.83%	2.92Cr	79426	75800	50205	46174
Kunal Bahl	97	25	91	72	29	88
Total	99.99%	50.1Cr	2342227	8012340	9806471	4499949