In a significant development, regional over-the-top (OTT) platform @haryanvi.stage has secured $12.5 million (approximately INR 107.5 crore) as part of its Series B funding round. This funding round was co-led by Goodwater Capital and Blume Ventures, with participation from existing investors.
Haryanvi OTT Platform Raises $12.5M in Series B Funding Round
Funding Details:
– Series B Funding Round: $12.5 million (approximately INR 107.5 crore)
– Co-led by: Goodwater Capital and Blume Ventures
– Participation from: Existing investors
Platform Overview:
@haryanvi.stage is a regional OTT platform catering to the Haryanvi-speaking audience, offering a range of content, including original web series, movies, and music videos. The platform aims to provide high-quality, engaging content that resonates with the local culture and dialect.
Growth Plans:
With this fresh funding, @haryanvi.stage plans to expand its content offerings, enhance its technology infrastructure, and strengthen its marketing efforts to reach a wider audience. The platform aims to become the leading OTT destination for Haryanvi-speaking viewers, both in India and globally.
Investor Insights:
Goodwater Capital and Blume Ventures, the co-leads of this funding round, expressed their confidence in @haryanvi.stage’s potential to revolutionize the regional OTT space. They cited the platform’s unique content strategy, strong user engagement, and growing demand for regional content as key factors driving their investment decision.
This funding round marks a significant milestone for @haryanvi.stage, enabling the platform to accelerate its growth plans and solidify its position in the regional OTT market.
Add Business Connect magazine to your Google News feed
