As part of the deal, Supriya Singh from Jafco Asia will join Pokkt’s board.
“With this round of funding, we want to scale up the business, expand to more than 5,000 developers globally and launch more products to help developers get their apps discovered and monetised,” said Rohit Sharma, founder and CEO of POKKT. “The partnerships with Jafco and SingTel will also help us expand our operations into Indonesia and Thailand.”
In October last year, POKKT had raised $500,000 in seed funding from a few investors, including Jungle Ventures, and former Indiagames COO Samir Bangara.
POKKT was founded in July 2012 by Sharma, former CEO (digital business) of Reliance ADA, along with Vaibhav Odhekar and Sharad Ingule. An MBA from Lancaster University in the UK, Sharma had earlier also founded Wopshop, an e-com venture for toys. This stopped operations some time ago. In the past, he was involved with creation of Zapak.com and is also a founding member of Indiatimes.com.
His partner Odekar holds an MBA from IIM Lucknow, and previously worked at ICICI Bank and Zapak. Ingule is a computer engineer, who also holds an MBA degree from Mumbai University. In the past, he had worked at Moneycontrol.com, Bigadda.com and Sony Online.
POKKT was part of the inaugural batch of GSF Accelerator.