Pratilipi launched its core online literature product in the United States a few days ago. The startup plans to expand to new formats such as animation and vertical drama shows.
A Rs 30 crore funding round that the company was aiming to close by the end of 2023 is taking more time than expected.
The vernacular content startup saw its revenue rise 346 percent to Rs 34.8 crore in FY23, while net loss narrowed to Rs 152.6 crore
Newer monetisation channels beyond advertising, like micro transactions are bringing 3X more revenue to content creators making venture capital investors bullish on the sector.
Disney Star will develop multiple new fiction television shows for its television and digital platforms as part of this deal
Pratilipi will produce and develop over 300 hours of content that will span a variety of genres such as romance, horror, thriller and mystery for Audible.
Flipkart will offer fiction and nonfiction e-books across multiple genres like romance, horror, self-help, and motivation among others across 12 Indian languages.
Now that we have an app for everything essential—from groceries to utility payments—here is our top pick of apps for things considered ‘non-essential'.
The company had previously raised USD 1 million in its seed round in February 2016 led by Nexus Venture Partners.