Tencent backs Indian social media Lokal

Tencent backs Indian social media Lokal

3 years ago
Anonymous $BH0TGXkyPe

https://techcrunch.com/2021/10/21/tencent-backs-indian-social-media-lokal/

Indian hyperlocal social media platform Lokal has raised $12 million in a new round of financing led by Chinese internet conglomerate Tencent, according to a source familiar with the matter.

Existing investors 3one4 Capital, Y Combinator, and India Quotient have also participated in the Bangalore-based startup’s Series A, the source said, requesting anonymity as the matter is private.

Tencent backs Indian social media Lokal

Oct 21, 2021, 9:36am UTC
https://techcrunch.com/2021/10/21/tencent-backs-indian-social-media-lokal/ > Indian hyperlocal social media platform Lokal has raised $12 million in a new round of financing led by Chinese internet conglomerate Tencent, according to a source familiar with the matter. > Existing investors 3one4 Capital, Y Combinator, and India Quotient have also participated in the Bangalore-based startup’s Series A, the source said, requesting anonymity as the matter is private.