- Misfits has raised ₹5 crore in seed funding from Info Edge Ventures and Better Capital.
- The platform has organically grown to over 20,000 members across 40+ clubs, with 3,000+ social meetups held in Delhi NCR.
Hobby-based offline community platform Misfits has raised ₹5 crore in a seed funding round led by Info Edge Ventures and Better Capital. The startup, founded in 2022 by IIT Kanpur graduates Shashwat Narhatiyar, Chaitanya Dhawan, Saurabh Sharma, and Shaswat Kar, connects individuals through shared hobbies and interests by creating physical spaces for interaction.
"The seed of Misfits was born five years ago while doing a college assignment, driven by the belief that virtual social media platforms do not necessarily create meaningful human connections," said Shashwat Narhatiyar, Co-founder and CEO of Misfits.
The founders aimed to address the lack of real-world engagement in the digital age.
Today, Misfits claims to have organically grown to over 20,000 members through 40+ active clubs, hosting more than 3,000 social meetups in the Delhi NCR region, especially in Gurugram.
With the newly acquired funds, Misfits plans to enhance its mobile platform, making it easier for users to join, create, and grow communities. The team also aims to expand into new cities across urban India, starting with other regions in Delhi NCR over the next three months.
“We started Misfits to solve a problem we faced ourselves,” said Chaitanya Dhawan, CMO.
“Despite living closer than ever, people today feel increasingly disconnected. My co-founders and I experienced this firsthand, what started as casual meetups in our home in Gurgaon evolved into multiple thriving communities.”
Rishabh Katiyar, Principal at Info Edge Ventures, said Misfits’ model enables rapid scaling in a capital-efficient manner, with strong organic traction and high customer NPS. Vaibhav Domkundwar, CEO of Better Capital, added, “Misfits is the 'AirBnB of Human Connections’.”
Edited by Harshajit Sarmah
