[Funding alert] Indian language video platform Bolo raises Rs 3 Cr led by Nexus Venture Partners
Summary
Bengaluru-based Indian language knowledge sharing community, Bolo, on Monday announced it has raised Rs 3 crore in seed funding led by Nexus Venture Partners with participation from Unacademy Founders Gaurav Munjal, Roman Saini, and Hemesh Singh; Growth Story Founders Ganesh Krishnan and Srinivas Anumolu; and Newsdog Founder Chen Yukun. The startup aims to utilise the funding amount to strengthen the team across product, technology, and operations. Launched in July 2018 by Nishant Chandra and Siddharth Maheshwari, Bolo is a knowledge-sharing community that allows users to ask and answer questions in Hindi. Additionally, users can directly video call with experts on the platform for a small fee to get highly-personalised solutions to their problems. The app, which is currently available in Hindi language, includes categories such as beauty, fashion, fitness, cooking, and career counselling.