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ShabdaNagari raises undisclosed amount in bridge round

ShabdaNagari raises undisclosed amount in bridge round- mybigplunge

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ShabdaNagari raises undisclosed amount in bridge round

[dropcap]S[/dropcap]habdaNagari, a Hindi-language focused social media startup, has raised an undisclosed amount in bridge round from a group of investors including Yogesh Chaudhary of Jaipur Rugs, Anirudh Damani of Artha Energy Project, Abhimanyu Singh of TaskUS among others.

The deal was facilitated through deal-making platform ah! Ventures. The one-year-old company has close to 10% of the traffic coming from outside India.

Amitesh Misra, the co-founder of ShabdaNagari, said, “Competition in this space is scarce and still catching up. ShabdaNagari has a number of benefits for ease of access and usability, five different input options for typing Hindi on the platform.”

With close to 66 crore Hindi speaking individuals in India of whom fewer than 10% can effectively communicate in English, the platform is targeted mainly at Tier-2 markets.


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