Delhi based software company Wixty Inc, has acquired Kingr, one of the leading dating platform for promotion of communication between the Christians of Brazil for 150k US dollars. The deal was done all in cash.
Post the acquisition, Marco Rocha, founder Kingr, will work with Wixty as its Chief Technology Officer.
Kingr was launched by Marco Rocha in December 2015 with an aim to unite the Christians all across Brazil through real time interactions between them through this dating platform.
In Kingr, people can create their profiles, make friends, chat with them, share their thoughts and connect on a better level. The features and functionality of the app is actually not new to the digital world today, but the concept and the cause of the app is quite unique and appreciable.
Currently, Kingr holds a record of getting 900 signups in the first few hours of its launching. Today, this platform has gained a wide popularity because of its best socializing features that helps connect all Christians in Brazil and its healthy content that is suitable and relevant to all its users.
Currently the platform has 48000 users, out of which 20000 are daily active users. Moreover, this platform is recorded to have exchanged over 500000 messages between its various users.
The primary reason of acquiring Kingr as stated by the founder and CEO of Wixty, R Ranjan Sahoo is that the founder of Kingr, Marco Rocha and he shared somewhat similar visions to develop and promote the platform in order to connect more people and make a stronger community.
Marco Rocha, who holds a technical background, was running the platform quite well and the kind of subscriber base they have earned in a span of one year is truly remarkable.
However, he felt the need of taking the operations and the business model of the platform to the next levels with some external assistance. Subsequently, he joined hands with R Ranjan Sahoo and merged Kingr as a child company under Wixty and accelerate its development exponentially.
R Ranjan Sahoo has got long term plans for this project. He says that Christians doesn’t only reside in Brazil, but they do have their presence all over the world. So their next step and the future plan of promoting the platform would be to connect Christians from USA, UK, India and eventually from all over the world.
Elishsa Priyadarshini, who is an ex-employee of Wipro and has worked there for four years, have been appointed as the new CEO of Kingr by R Ranjan Sahoo.
She has been working with Wixty since last two years and has been looking after product marketing and development strategies. She is also the COO of Video Vibe, which is another product venture that belongs to Wixty itself.
Tom Sun, from Californiais appointed as the COO of the company. Tom Sun is also the founder of Kruella which is a great store for classy fashion wear. Originated in Los Angeles, Kruella delivers a new blend of class and elegance into the present era of fashion.