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ShepHertz, a Delhi-based start-up that provides a complete ecosystem on the cloud for app developers, has raised ₹7 crore (about $1.5 million) from a clutch of investors, including Mumbai Angels. According to Siddhartha Chandurkar, Founder & CEO, ShepHertz, the money will be used to expand operations globally, including in the US, Asia and Latin America. Nearly three-fourths of ShepHertz’s customers are outside India. The money will also be used to increase the product line-up and speed up go-to-market.
ShepHertz is leading player in the PaaS (Platform-as-a-Service) space and provides the complete cloud ecosystem for apps on the mobile, web, social media, gaming and on television. It helps apps developers on the cloud, irrespective of the technology or the platform on which they are developing.
According to the Mumbai Angels, a network of wealthy individuals who invest in and mentor start-ups, ShepHertz has developed a global product out of India and is among the top three PaaS players globally.
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