Total amount raised
$108M
Latest funding date
2025-04-03
Location
Pratilipi has successfully raised funds through 11 rounds, with notable investors including Jungle Ventures, Arnav Kumar, and Ravish Naresh. The platform connects readers and writers across various Indian languages, offering a diverse range of content from stories to essays.
Keep reading to explore the intricacies of Pratilipi's fundraising journey and the investors backing this innovative platform.
Pratilipi has raised funding across multiple rounds backed by notable investors including Jungle Ventures, Krafton, Nexus Venture Partners, Omidyar Network, Qiming Venture Partners, Tencent, and Alteria Capital.
Keep reading to explore Pratilipi's fundraising journey, from its early seed rounds through its landmark Series E in 2025.
What Is Pratilipi?
Pratilipi is a Bengaluru-based digital storytelling and self-publishing platform that enables writers to publish content in multiple Indian languages. Founded in 2015, Pratilipi connects writers and readers across vernacular languages including Hindi, Marathi, Tamil, Telugu, Bengali, Gujarati, and more. The platform supports millions of authors and readers, positioning itself as a leading content destination for India's next-billion internet users.
How Much Funding Has Pratilipi Raised?
- Seed Round
- Amount Raised: ~USD 925,000
- Date: February 2016
- Lead Investors: Nexus Venture Partners
- Other Participants: Contrarian Opportunities Fund, Times Internet Ltd, Deepak Gupta, Amit Wadhwa, Amit Banka
- Series A
- Amount Raised: USD 4,300,000
- Date: February 5, 2018
- Lead Investors: Omidyar Network
- Other Participants: Nexus Venture Partners, Shunwei Capital, WEH Ventures, Times Internet, Contrarian Capital
- Series B
- Amount Raised: USD 15,000,000
- Date: June 6, 2019
- Lead Investors: Qiming Venture Partners
- Other Participants: Nexus Venture Partners, Omidyar Network, Shunwei Capital (existing investors)
- Series C
- Amount Raised: ~USD 9,500,000
- Date: April 30, 2020
- Lead Investors: Tencent
- Other Participants: Omidyar Network, Nexus Venture Partners, Shunwei Capital, Times Group (BCCL)
- Debt Financing
- Amount Raised: USD 2,700,000
- Date: June 28, 2021
- Lead Investors: Alteria Capital
- Series D
- Amount Raised: USD 48,000,000
- Date: July 14, 2021
- Lead Investors: Krafton Inc.
- Other Participants: Omidyar Network India, Ranjeet Pratap Singh (CEO), Gaurav Munjal, Hemesh Singh (Unacademy), Nishith Rastogi (Locus), Vidit Aatrey (Meesho), Mekin Maheshwari (Udhyam), Amit Agarwal (NoBroker)
- Bridge Round (Convertible Debentures)
- Amount Raised: ~USD 1,800,000
- Date: December 2024
- Lead Investors: Individual investors (undisclosed)
- Notes: Raised via optionally convertible debentures (OCDs)
- Bridge Round (Equity + Debt)
- Amount Raised: USD 1,200,000
- Date: January 7, 2025
- Lead Investors: Alteria Capital
- Notes: Mix of ~$600K debt and ~$600K equity; bridge funding to support operations through July 2025
- Series E
- Amount Raised: USD 20,000,000 ($12M primary + $8M secondary)
- Date: April 3, 2025
- Lead Investors: Jungle Ventures
- Other Participants: Two undisclosed individual investors (primary); Qiming Venture Partners (partial exit via secondary); Shunwei Capital (full exit via secondary)
- Post-Money Valuation: USD 100,000,000
Total Amount Raised: At least $103.4M based on disclosed funding across all rounds (multiple sources cite ~$108M total including undisclosed rounds).
Key Investors
- Jungle Ventures
- Details: Singapore-based venture capital firm and lead investor in Pratilipi's Series E (April 2025). Jungle Ventures backed Pratilipi's $20M round as it heads toward a potential IPO.
- Krafton Inc.
- Details: South Korean gaming giant (maker of PUBG) and lead investor in Pratilipi's $48M Series D (July 2021). Krafton partnered with Pratilipi to develop stories tied to global gaming franchises.
- Omidyar Network India
- Details: Impact-focused investment firm and lead investor in Pratilipi's $4.3M Series A (February 2018). Continued participation through Series D.
- Qiming Venture Partners
- Details: China-based VC firm and lead investor in Pratilipi's $15M Series B (June 2019). Partially exited via the Series E secondary transaction in April 2025.
- Tencent
- Details: Chinese technology conglomerate and lead investor in Pratilipi's ~$9.5M Series C (April 2020).
- Nexus Venture Partners
- Details: India-focused VC firm and Pratilipi's earliest institutional backer, leading the 2016 Seed round of ~$925K and participating in subsequent rounds through Series D.
- Alteria Capital
- Details: Venture debt firm that provided Pratilipi with debt financing in June 2021 ($2.7M) and bridge funding in January 2025 ($1.2M).
What's Next for Pratilipi?
With fresh capital from the Series E round, Pratilipi is focused on expanding into new content formats and geographies, including the US market. The company plans to invest in vertical dramas, animation, and new storytelling formats while scaling its existing vernacular content platform. Co-founder and CEO Ranjeet Pratap Singh has indicated this is expected to be the company's final primary funding round before pursuing an IPO in the near future.
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