Pratilipi raises $48 million in funding led by Krafton

Emerging Technologies

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July 19, 2021

Pratilipi raises $48 million in funding led by Krafton

Image credit: Pratilipi

Online storytelling platform Pratilipi has raised $48 million (about Rs 357 crore) in its Series D round, led by South Korean gaming company Krafton Inc.

Existing investor, Omidyar Network India, also participated in the round along with a clutch of startup founders, including Gaurav Munjal, co-founder of Unacademy; Sahil Barua, co-founder of Delhivery and Vidit Aatrey, the cofounder of Meesho.

To know more, read here.

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Omidyar Network India invests in bold entrepreneurs who help create a meaningful life for every Indian, especially the hundreds of millions of Indians in low-income and lower-middle-income populations, ranging from the poorest among us to the existing middle class. To drive empowerment and impact at scale, we work with entrepreneurs in the private, nonprofit and public sectors, who are tackling India’s hardest and most chronic problems. We invest in the areas of Advancing Cities, Digital Society, Education & Employability, Emerging Technologies, Financial Inclusion & Well-being and Property Inclusivity.
Omidyar Network India is part of the Omidyar Group, a diverse collection of companies, organizations and initiatives, supported by philanthropists Pam and Pierre Omidyar, founder of eBay.