iamWire Raises Funding From China Based Investors & Others

Just few days after YourStory had disclosed its funding round, yet there is another Indian digital media company iamWire has announced that it has raised a funding round.

Gurgaon-based Growthword Digital Private Limited, the holding company of iamWire has grabbed an undisclosed amount in a funding round is led by Beijing based, Li Tao, Founder & CEO, APUS Group; Li Jian, Founder & CEO, Draphant Consultants; and other investors including, Nitin Garg, Saurabh Jain and Mohit Agarwal. The company aims at closing its Series A round in October.

Growthword Digital Private Limited was founded in March this year by Sugandh Dhawan and Abhinav Dinesh Garg.

iamWire was started in 2011 as a digital & informative content for ecommerce industry in India, and had soon expanded its content coverage across startups, technology, mobile, internet, investment space.

The funds will be used in scaling technology for startup founders, a single platform for startup founders to spread awareness, impart knowledge, provide fundraising support and offer product / services selection tools.

Besides, the funds will also be used to innovate content so as to grow its community.

The startup is also planning to launch more features and products in the near future to provide seamless experience to its reader base. In the last 4 years, the company has written about 2,500 startups.

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