Vernacular Audio Platform Khabri Bags Funds From Liquid 2 Ventures

Vernacular Audio Platform Khabri Raises $2.1 Mn Led By Liquid 2 Ventures

SUMMARY

The funding will be used in strengthening the tech capabilities, such as improving the recommendation and search engine for easing content discovery

Currently, the app has close to 4Mn downloads, and recently launched over 40 audio courses in Hindi for aspirants who are preparing for government job exams

India is currently the third-largest podcast-listening market globally and is expected to be valued at INR 17.62 Cr by 2023, growing at a CAGR of 34.5%

Regional language audio content platform Khabri has raised $ 2.1 Mn in a Pre-Series A funding round led by Liquid 2 Ventures, Pioneer Fund, and Rebel Fund. Angel investors such as Runway cofounder Siqi Chen, former Google India MD Shailesh Rao, Goody cofounder Edward Lando and others also participated. The company is also backed by Y Combinator.

The company said the funding will be used to strengthen its product and tech offerings. Additionally, it will look to strengthen capabilities such as improving the recommendation and search engine for easing content discovery. For creators, the company will be focusing on adding more content creation tools such as noise cancellation and volume normalization with machine learning techniques.