Webtoon Comic App Toonsutra Ropes In Funimation Founder Gen Fukunaga As Investor

Webtoon Comic App Toonsutra Ropes In Funimation Founder Gen Fukunaga As Investor

SUMMARY

Fukunaga is an American engineer and entrepreneur who served as the president of Funimation until 2019

Toonsutra’s CEO Vishal Anand said that Fukunaga’s experience in scaling anime and manga platforms will contribute to the company’s expansion of offerings and enhancing user experience

Founded in 2022 by Shared Devarajan and Vishal Anand, Toonsutra is a Bengaluru-based webtoon comic platform available on the Apple App Store and the Google Play Store

Webtoon comic application Toonsutra has roped in animation OTT company Funimation’s founder Gen Fukunaga as its investor and advisory board member. 

Fukunaga is an American engineer and entrepreneur who served as the president of Funimation until 2019. Notably, in 2017, Funimation was sold to Sony Pictures Entertainment, following which Sony acquired Crunchyroll from AT&T in 2021.

He has been a producer and production manager for popular shows like Dragon Ball Super: Broly (2018), Evangelion: 1.0 You Are (Not) Alone (2007) and Steins; Gate (2011).

Toonsutra’s CEO Vishal Anand said that Fukunaga’s experience in scaling anime and manga platforms will contribute to the company’s expansion of offerings and enhancing user experience. 

Founded in 2022 by Shared Devarajan and Vishal Anand, Toonsutra is a Bengaluru-based webtoon comic platform available on the Apple App Store and the Google Play Store. 

Devarajan is also the founder and CEO of the homegrown character entertainment company, Graphic India which has produced notable shows like Spider-Man India with Marvel, the Legend of Hanuman with Disney+Hotstar, Baahubali: Crown of Blood with SS Rajamouli. 

Anand is the former CPO of Dailyhunt a serial digital media entrepreneur, He was also the part of product leadership team at Amazon Web Services. 

It is pertinent to note that Toonsutra is backed by investors like Sony Innovation Fund; Maiora Capital, Crunchyroll’s cofounder Kun Gao, Lightspeed’s partner Jeremy Liew, and Twitch’s cofounder Kevin Lin, among others.

To date, Toonsutra has raised $1.1 Mn in funding. It competes against the likes of MangaToon, WenToon in the comic app segment.

According to a report by Business Research Insights, the global online comic market size is projected to touch $ 44 Bn by 2031.

Note: We at Inc42 take our ethics very seriously. More information about it can be found here.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
Unlock 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Webtoon Comic App Toonsutra Ropes In Funimation Founder Gen Fukunaga As Investor-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Webtoon Comic App Toonsutra Ropes In Funimation Founder Gen Fukunaga As Investor-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Webtoon Comic App Toonsutra Ropes In Funimation Founder Gen Fukunaga As Investor-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Webtoon Comic App Toonsutra Ropes In Funimation Founder Gen Fukunaga As Investor-Inc42 Media
Webtoon Comic App Toonsutra Ropes In Funimation Founder Gen Fukunaga As Investor-Inc42 Media
You’re in Good company