InstaLively received seed funding from angel investors SlideShare’s Amit Ranjan and Google’s Rajan Anandan and others.
Delhi based startup InstaLively platform helps broadcast any event LIVE with a single click. End to end live streaming solution is available both on the desktop and on mobile. Using the InstaLively mobile app, one can stream live to YouTube directly. The company has built desktop apps for Windows and Mac to live stream from a professional camera.
The company main focus is on instant video or audio digitization on low 3G bandwidths using just a mobile app – making simple and cost effective as possible for the everyday enterprise to create or broadcast content from any location. The unique selling of point of InstaLively is that it integrated seamlessly into one’s YouTube channel and provides two live streaming options – ‘Get External Help’ or ‘DIY’. In the first option, the nearest videographer come to your location and live stream or record event into user YouTube Channel.
InstaLively plans to enter B2B and B2C segment of the market. For android app users will remain free as of now. The company claims to have broadcasted over 1000K minutes of live streaming videos with over 10K viewers. InstaLively has addressed the challenges of live streaming for countries where average internet speed is very low and have addressed them by optimising their platform.
The company was founded in 2014 by Prakhar Khanduja and Karthik Vaidyanath. Prakhar Khanduja has graduated from Hartmann College. In 2009 he became Vice President, University Partnerships and Relations for AIESEC. He held this post for 3.5years and in 2013 he joined Lets Intern Career Solutions P Ltd as Market Acquisition Manager, worked for the company for 7 months.
In 2013 he became business analyst for Barclays and in March 2014 he became Head of Business Development for Instahyre. The company is into recruiting talented candidate with best tech companies in India. Instahyre holds auctions of candidates receive job interview offers from multiple companies with compensation mentioned upfront. In Dec 2014 he co founded InstaLively.
Karthik Vaidyanath is co founder of InstaLively. He has done Bachelor of Technology from Indian Institute of Technology, Rourkee in 2011. He has done Chartered Financial Accountancy course – Level 1 from CFA Institute, USA. Karthik started his career summer intern in Bharat Petroleum Corporation Ltd, ITC Ltd and Dr Reddy’s Labs.
In 2011 he joined Reliance Industries as graduate engineer trainee and moved as Analyst in o3 capital as Analyst. He worked with the company for 13 months and co founded Info Assembly. Info Assembly leverage data analytics and offer innovative financial technology products for businesses. Info Assembly raised $170,000 from US Investors.
InstaLively received seed funding of $120,000 from angel investors Rajan Anandan – MD, Google India, Amit Ranjan – Co Founder, SlideShare, Rajesh Sawhney – Founder, GSF, Niraj Singh of Outbox Ventures, AECAL – German Investor and MeraEvents.
After funding Karthik Vaidynathan of InstaLively said “We have a stable product team and do not plans to hire aggressively at the moment. With the current round of funding, the emphasis will be on getting customers as we haven’t gone to the market yet and being a completely new concept, it’s even more uphill task.”