Mayank Bidawatka’s Billion Hearts Software Technologies secures $4 million Seed Funding

Serial Entrepreneur Mayank Bidawatka’s Billion Hearts Software Technologies Pvt. Ltd. recently announced its seed funding of $4 million from Blume Ventures, General Catalyst and Athera Venture Partners.

Billion Hearts was recently founded by Mayank on August 29, 2024. The seed round has been led by Blume Ventures with participation from General Catalyst and Athera Venture Partners. The seed investment is being led by Karthik Reddy (Partner at Blume Ventures), Neeraj Arora (Managing Director at General Catalyst and ex-CBO of WhatsApp) and Rutvik Doshi (Partner at Athera Venture Partners). This seed round is an immediate follow up to the angel funding of ~$250K Billion Hearts recently secured from some of the most prolific angels who’ve built startups like redBus, Ola, InMobi, Flipkart and Myntra among others. The angel round had participation from founders, VCs and big tech executives.

Billion Hearts is currently working on a digital consumer product that’s relevant for a global market and audience. The rst product is slated to have its beta launch in a few months. It will be launched within a close circle before opening it up to those that sign up for the beta on the Billion Hearts website. Thousands of users have already subscribed for the product’s beta.

Karthik Reddy, Partner at Blume Ventures, said “Billion Hearts aims to create digital products for a global user base. The rst product is slated for a beta launch in a few months. While the product is still in stealth, it deals with a wide use case that’s relevant for all smartphone users around the world, across age groups. It will use deep tech to solve the problem. Mayank has built and scaled multiple large ventures successfully in the past and we’re excited to partner with him once again to see his vision for Billion Hearts come to life.”

Neeraj Arora, Managing Director at General Catalyst, said “We back audacious entrepreneurs building global products with positive powerful impact. Mayank and the Billion Hearts team have insight and a distinctive approach toward building a solution that caters to a wide and unmet need of users globally. Mayank is a proven leader, who has built successful internet ventures in the past. He has a deep passion for creating global products from India. We're excited to be by his side on this journey.”

Rutvik Doshi, Partner at Athera Venture Partners, said “We’ve known Mayank for over 15 years when we rst backed redBus. He’s one of the few entrepreneurs that has built multiple products across B2C, B2B, B2B2C, be it in travel, social or in the media space and has done this effortlessly on the basis of deep user insights. What he’s building is a happy product that all of us would love to use. We look forward to partnering with him on this exciting new journey!”

Mayank Bidawatka, Founder of Billion Hearts, said “I’m excited to announce that Billion Hearts is being backed by a set of folks I truly admire. Among them they have decades of investing and operating experience at world class companies. While we will build out what we plan to, it was crucial for me to have the right partners along the journey and I found that in our incoming investors who absolutely love what we're building. I look forward to bringing happy products to users around the world with a commitment to build world-class products from India. While our product is still in stealth, I’d like to say that almost everyone with a smartphone will want this product, with no exception. Thousands of enthusiasts have already subscribed for our beta. We’ll soon announce something special for all those who sign up for early access.”