Local news platform PublicNext secures Rs 1 crore in funding from Google
- ByStartupStory | January 5, 2023
PublicNext, a local news publishing and networking platform has raised Rs 1 crore in seed funding from Google and has been selected as a recipient of the Google News Initiative (GNI) Innovation Challenge (Asia Pacific).
Manjunath Rao, CEO, PublicNext said in a statement “”We intend to replicate user adoption, unit economics across 28 states and 8 union territories in the next 4 to 5 years. Looking at the demand for local content and community, the future looks bright with audio interaction like clubhouse being built for authorities to interact with local people, Local question and answer platform, and even local commerce leveraging ONDC (Open Network for Digital Commerce).”
PublicNext believes this could also be what promises to be an orbit-shifting next chapter and are excited to build something that all of us in India will be proud of. The company will use the funding to scale up its technology team and build an artificial intelligence-powered system to moderate news content.
PublicNext is a Local News networking platform that connects people in the neighborhood in the local language, recognized and certified by the Department of Industrial Policy and Promotion under the Ministry of Commerce and Industry (GOI) and has offices at Bangalore & Hubli. They are also the winners of the Elevate 2019 event organized by the Department of IT, BT and S&T, Government of Karnataka. They are the only non-Hindi news platform to win the Google News innovation challenge and funding. The Founders have decades of experience in conceptualizing products & solutions, Product Building and Scaling up of operations across the globe and they have worked for Fortune 500 companies.
Follow Startup Story
Related Posts
