Vernacular content startup Pratilipi raised $48 million ⚡

Vernacular content startup Pratilipi raised $48 million ⚡

Online storytelling platform Pratilipi, a Medium-like publishing platform in local languages, raised $48 million in its Series D round led by PUB-G maker Krafton.

Launched as an online hub for writers — the company has lately expanded into avenues like audio, video and comic-based content. 400K creators and 30M+ readers frequent the platform.

Krafton’s entry here is kinda intriguing though — the company’s other bets in India focus on gaming, game streaming, e-sports, or the future of Metaverse. So what’s brewing?

Interested Ken Jeong GIF

Key takeaway — not lost on us that the vernacular content creation, publishing, facilitation, and distribution landscape has suddenly caught fire, with several big money deals rolling in this week alone!