In the first of its Investments, YourStory, Bangalore based Media Tech Company has secured an undisclosed amount of funding from Kalaari Capital, Qualcomm Ventures, T V Mohandas Pai and Ratan Tata.
YourStory was founded by Shradha Sharma in 2008 to tell stories of entrepreneurs who are not superstars yet but have the passion the zeal to make a difference. Shraddha has been bootstrapping YourStory from the very beginning for the last seven years now. Shradha would still love to bootstrap the company in her own words-
I bootstrapped for seven years and it is COOL. And I still hope and wish more and more people say it out loud and support it.
Shradha also announced why the needed this round of funding
I decided to take external funding because I realised I needed a strong wind beneath my wings if I were to achieve my vision of making every story matter. And I was clear that I wanted people who believed in the same values and principles to be part of this story.
YourStory, along with its other platforms, HerStory, SocialStory, TechSparks, MobileSparks, have covered around 20000 entrepreneur stories and hosted 220+ events. The company also claims that Startups and Entrepreneurs have raised $550M+ in funding through their platform.
In addition to this funding, YourStory has also announced a new tech product that will empower everyone to write, talk and view their own stories in their own languages using a mobile phone. This company will now publish stories in Indian languages starting with Hindi, Telugu, Bangla, Kannada, Tamil and Marathi.
If you want the beta invite you can visit the website.
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