Dream Wallets, Jaipur-based crowdfunding platform,owned by SeedLogix India Pvt Ltd, has secured an undisclosed amount of funding in seed round led by Rakesh Gupta and Aditya Aggarwal.
Founded in July 2015 by Nikhil Agrawal and Manish Harodia, Dream Wallets is a reward-based online crowdfunding platform. It showcases initiatives on diverse interests relating to short films, documentaries, arts & crafts, social causes, photography, environment, film & video, technology, food, etc.
DreamWallets is a platform where users can browse through a bouquet of ideas that appeal to them and be a part of the process to convert the project creator’s dream and passion into reality. The contributor in return gets rewarded in unique non-monetary ways full of gratification. DreamWallets has a team size of 15 people and are helping ideators start crowdfunding campaign across 16 categories like Movies, Theatre, Events, Art & Craft, Music, Literature, Photography, Travel, Tech Product/ Service, Social causes, etc.
Along with Rakesh and Aditya, Other investors who participated in this round included Siddharth Banerjee, Vikas Ranjan, Anshul Jindal, Sunil Koul, and Sanjeev Agrawal.
So far Dream Wallets has run more than 100 campaigns across genres and has contributors coming in from over 200 cities and has have over a thousand registered users who regularly endorse and support the projects listed on its platform. Dream Wallets will use the newly raised funds to double up business development team, investment in technology, and for creating awareness about the crowd funding concept.