First seed funding from HT Media, NBM – Invests in Planet GoGo
Planet GoGo Pvt. Ltd, which operates news aggregation website Planet Gogo, has raised an undisclosed amount in a seed round from HT Media Ltd through its subsidiary HT Digital Media Holdings Ltd and US-based investment firm North Base Media (NBM).
The fund will be used in growing its user base, Damandeep Singh Soni, co-founder of Planet GoGo, said on Friday.
The three-month-old company aggregates news and entertainment content from over 60 partner publishing sites including HT Media and displays them on the lock screen of mobile phones.
“With the ever-increasing number of smartphone users, GoGo focuses to revolutionize content consumption for mobile users without having them to spend for it. A large part of the population today rely on apps for everyday content needs and GoGo provides...