Liferaay, a new social networking platform, is bringing social science and machine learning to India.
The company, which has been in development since the early 1990s, has raised $6.5 million in Series A funding and has just completed a $2.5 billion funding round led by Sequoia Capital.
The new company has been working to build a network of about 100,000 people across the world and the company says that it has reached around 200 million users across the globe.
“It is the future of social networking in India,” says Pradeep, CEO and cofounder of Liferaya.
“Liferay will bring a whole new layer of social connectivity to India, helping businesses and governments engage with their citizens and connecting with their friends.”
According to Pradee, Liferays social media users can be grouped into five groups, which include professionals, businesses, consumers, activists and students.
“We believe this new platform will revolutionise the way people interact and build stronger communities,” he says.
Liferaays platform uses algorithms to determine which posts and videos to allow users to share, and it also has built-in social media profiles for its users.
The platform has more than 50 million users in India.
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