Bengaluru based self-publishing platform Pratilipi has raised $4.3 million (Rs 28 crore) in a series-A round led by Omidyar Network & others. Existing investors Nexus Venture Partners also participated in the funding round.
The funding amount will use for further building product features by personalising it for users, as well as hiring tech talent.
Pratilipi is an online self publishing portal based in Bengaluru, India. It features content in eight Indian languages; Hindi, Gujarati, Bengali, Marathi, Malayalam, Tamil, Kannada and Telugu.
Ranjeet Pratap Singh, founder of Pratilipi, told Pixr8, “We now have over 80 million content pieces read on the platform and our daily active user spends 35 minutes a day reading, the goal is to now personalise the experience and to build out the product, hiring more people for our tech team that are equipped with ML, data science and other such capabilities”.