IIT Delhi Alum Raises $3.3 Million for Secure Messaging App

IIT Delhi alumnus Gaurav Goel’s secure communication platform, StayTouch, is set to receive a $3.3 million investment from German investors. The app, designed for secure and efficient communication within communities, has already secured $3.2 million from prominent investors including Cyrille Bollore, Prisca Clarins, and Dentressangle. “This funding will fuel our growth and enhance the platform,” […]

IIT Delhi alum Gaurav Goel celebrates securing $3.3 million in funding for his secure messaging app, StayTouch.
by TDG Network - August 7, 2024, 6:03 pm

IIT Delhi alumnus Gaurav Goel’s secure communication platform, StayTouch, is set to receive a $3.3 million investment from German investors. The app, designed for secure and efficient communication within communities, has already secured $3.2 million from prominent investors including Cyrille Bollore, Prisca Clarins, and Dentressangle.

“This funding will fuel our growth and enhance the platform,” said Goel. “We are committed to delivering a secure and engaging communication experience for our expanding user base in India and globally.”

StayTouch distinguishes itself with a strong focus on security, privacy, and community engagement. The platform employs end-to-end encryption and robust login protocols to safeguard user data, including conversations and personal information. Beyond security, it offers tools for community management, allowing users to create groups, organize events, and network.

With a patent portfolio of three secured patents and three pending applications, StayTouch has garnered significant attention. Guided by an advisory board including IEG India’s Mihir Kapoor and supported by Caerus3 Advisors and Think Tank, the company projects revenue of $5 million in 2025 and a staggering $160 million by 2029, indicating a compound annual growth rate (CAGR) of 100.7%.

“StayTouch’s innovative approach to secure messaging and community building is truly remarkable,” said Prashant Gupta, Founder and CEO of Caerus3 Advisors & Think-Tank. “We are thrilled to support their mission of providing a robust platform for global users.”

StayTouch offers a range of features including structured communication, AI-powered data analysis, and efficient contact sharing.