Hansel.io raises $1.35 million from IDG Ventures, others

BENGALURU: Real-time mobile application management platform Hansel.io has raised $1.35 million (about Rs 9.2 crore) from investors led by IDG Ventures.

Existing backers Endiya Partners also invested in this round to buy additional equity. The company plans to use the funds for development of cross-platform capabilities, hiring and expanding its presence in the North American market.

It had previously raised a seed round from Endiya Partners, Tracxn Labs and a clutch of angel investors. The startup's platform allows mobile developers to dynamically fix bugs, update configurations, edit user interfaces and manage security policies of mobile apps at runtime. Using the platform, developers can manage live apps at runtime, with a quick integration process without a code change.