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Home Gadgets Short Video Platform- Bolo Indya raises $400,000 from Inflection Point Ventures

Short Video Platform- Bolo Indya raises $400,000 from Inflection Point Ventures


Gurugram primarily based short video platform Bolo Indya has raised $ 400,000 led by Inflection Point Ventures in its latest funding round, the corporate stated on Sunday.

Present investors from Eagle10 Ventures additionally participated within the spherical. Bolo Indya stated the current spherical of funding takes the full funding near $ 1 million until date.

Bolo Indya had additionally just lately launched Bolo Meets for its 2.8 million content material creators, which permits customers to do ‘micro-payments’ to avail reside video periods with creators focusing round their experience areas.

The corporate stated content material creators are already incomes upto Rs 60-70,000 monthly from this initiative, with over 50,000 bookings for the reason that launch of Bolo Meets.

High Bolo Meets classes on the platform embrace astrology, way of life, health, language studying, singing, dancing, standup comedy and instrument studying.

Bolo Indya stated raised funds can be used to reinforce the ‘personalisation and advice engine’ to additional broaden Bolo Meets and improve instruments for content material creators.

“Quick movies in native languages are anticipated to see the demand of over 80 million customers by 2022, simply fourth in line to Youtube, funds and e-commerce. That is the place Bolo Indya desires to herald video commerce for customized on-line providers to construct a product which provides contextual worth to the time spent on web by regional language customers,” stated Varun Saxena, founder, Bolo Indya.

Mitesh Shah, co-founder, Inflection Level Ventures stated with its huge Investor base of CXOs from various industries together with media and leisure, Inflection Level Ventures will assist Bolo Indya entry a big unexplored market base and broaden its community ‘exponentially’ whereas enhancing the tech capabilities.

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