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With 50mn users, homegrown app Public raises Rs 258 crore
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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.
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
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₹95.3
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UK Pound
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Euro
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₹110.65
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Yen |
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₹57.9 |
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