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Total amount raised
$76.3 Million
Latest funding date
3/24/2021
Location
Public App is a platform that provides the latest local news videos from various states in India, covering a wide range of categories including national news, viral content, and specific regional news. The platform also offers infographics on topics like Rashifal, Panchang, Commodities, Fuel, Gold, and Weather.
What Is Public App?
Public App is a platform in the media and news industry that delivers the latest local news videos from various states across India. It covers a wide range of categories and topics, including national news, viral content, and specific regional news.
The app aims to keep users informed about the latest happenings in their localities and across the country. Additionally, it provides infographics on various topics such as weather and commodities, enhancing the user experience with diverse content.
How Much Funding Has Public App Raised?
- Funding Round
- Amount Raised: INR 260 crore (USD 35,000,000)
- Date: September 2020
- Lead Investors: Addition (Lee Fixel)
- Participants: SIG Global, Tanglin Venture Partners
- Series Unknown
- Amount Raised: USD 41,300,000
- Date: March 2021
- Lead Investors: A91 Partners
Public App has raised a total of USD 76,300,000.
Key Investors
- Addition
- Details: Addition is Lee Fixel's investment firm, founded after he left Tiger Global. It led Public App's USD 35,000,000 (Rs 260 crore) round in September 2020, which was Fixel's first Indian startup investment after leaving Tiger Global.
- Investment Focus Areas: Growth-stage technology investing.
- Notable Investments: Not publicly disclosed
- A91 Partners
- Details: A91 Partners is a venture capital firm based in India, known for investing in early to growth-stage companies. They focus on sectors that have the potential for significant growth and impact.
- Investment Focus Areas: Consumer goods, healthcare, financial services, technology, and education.
- Notable Investments: Sugar Cosmetics, Digit Insurance, Pushp.
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