New Delhi, Jan 22: Hindi social networking portal, ShabdaNagari, today said it has raised $2,00,000 funding from Kanpur angel fund and clutch of other investors. The portal was launched in January 2015, by IIT Mumbai alumni Amitesh Mishra along with Kaplnesh Gupta and Nikhil Tiwari. The funding will be use in its future expansion plans.
The Website has more than 20 thousand registered users, 150 thousand unique visits, 6 lakh page visits and over 100 articles being published on the site everyday with 25 per cent repeat traffic, the company said in a statement.
Kalpnesh Gupta, Co-founder, ShabdaNagari said “In the online space today, Hindi doesn’t feature in even top 10 languages despite being one of most popular languages. We have a goal of bridging this digital divide. The angel investment will give us the boost and confidence to grow ShabdaNagari into one of the largest social networking platform in the country,”.
ShabdaNagari has a fully featured mobile app available on Android platforms. In the coming months the company aims to reach over 1 — 1.5 million users, provide native mobile applications; create a marketplace for vernacular books on ShabdaNagari, the statement said .