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New Delhi-based YouthKiAwaaz, a community driven online news and views portal has raised $599K (INR 4 Cr.) in an angel funding round from Raghav Bahl and Ritu Kapur, founders of Quintillion Media (a digital media venture).

Co-founder of The Quint, Ritu Kapur will joining the board of the YouthKiAwaaz.

Founded in March 2008 by Anshul Tewari, YouthKiAwaaz is a completely people-driven digital media platform for the youth to express themselves on important critical issues. It aims to transform the media segment through thoughtful stories, ideas and opinions contributed.

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The company claims to have over 1 Mn monthly readers. Currently, over 35K writers contribute content on its platform from India and across the world.

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The capital raised will be used in expansion of its team and business model, while also boosting its technology in order serve their readers in a better way.

Speaking on the investment, Raghav Bahl, co-founder of Quintillion Media said, “Globally, the digital hand-held space is not more than two years old and we prefer early-stage deals, because it’s fun to grow alongside these opportunities. Quintillion Media usually looks to invest about $1 Mn (INR 6.6 Cr.) each in startup ventures.

Quintillion Media, founded in 2014 and launched operations in MarchPreviously, it has invested in Sheroes.in, a jobs and career community for women.

Recently, there has been a lot of activities in the online media industry. For instance, digital media company iamWire had raised a funding round late last month, while Bangalore-based media tech company, YourStory raised an undisclosed amount of Series A round of funding.


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