With 50mn users, homegrown app Public raises Rs 258 crore

Top Stories

»	FIIs show early signs of stabilisation in Indian equities, DIIs remain intact
»	Indian stock markets gain in early trade amid oil relief, Israel-Lebanon ceasefire
»	Sensex, Nifty open higher as geopolitical tensions ease
»	Govt okays guarantees worth Rs 92,000 crore in February-March to boost MSMEs
»	Gold holds steady amid easing US-Iran tensions; silver gains on MCX

SME Times News Bureau | 30 Sep, 2020
G Global and Tanglin Venture Partners in our journey towards building the world's largest location-based social network," said Azhar Iqubal, Founder and CEO, Public App.

"With more than 50 million active users and over one million videos being created every month on the app, Public aims to connect the local communities of Bharat and become the one stop solution for all their local needs".

Launched by Inshorts in April last year, the app is available in Hindi, Bengali, Punjabi, Telugu, Tamil, Kannada, Malayalam, Odia, Assamese, Gujarati and Marathi.

The app allows people to record and share happenings around them enabling real-time local updates.

"While political leaders, government authorities, media houses and citizen journalists use the app to connect with communities and disseminate verified and trustworthy video content, local businesses like shops, astrologers, doctors, lawyers use the platform to reach out to the local consumers," the company said.

"The plan is to utilise the funding towards rapid scaling up of tech infrastructure, content offerings and employee base to further speed up the growth and continue improving on retention and engagement," it added.