Advertisement
Monday, Sep 27, 2021
Outlook.com
Outlook.com

Homescreen Network raises USD 2 mn funding from SAAMA Capital

Homescreen Network raises USD 2 mn funding from SAAMA Capital
outlookindia.com
1970-01-01T05:30:00+0530

New Delhi, May 27 (PTI) Homescreen Network (HSN), a vernacular digital media venture, Monday said it has raised USD 2 million (about Rs 14 crore) in funding from SAAMA Capital.

HSN, which is promoted by GrowthStory, will use the series A funding to "build a highly scalable Professional Generated Content (PGC) platform to cater to India's rapidly growing vernacular audience", a statement said.

With its proprietary mix of deep analytics and technology, HSN generates custom-made content to relevant regional audiences across India through its platforms -- SparkTV (for regional audiences) and TheBigScope.

The content is currently available in five languages -- Hindi, Tamil, Bengali, Kannada and English -- and is distributed through partner platforms like JioNews, DailyHunt, Sharechat, SonyLIV, and its own app, SparkTV.

"We aim to use the funds to strengthen our content delivery platform and introduce more new languages in the coming year," HSN co-founder and CEO Soum Paul said. PTI SR RVK

RVK


Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI

More from Website

BCCI Delays Start Of Domestic Season Due To Cyclone Alerts

BCCI Delays Start Of Domestic Season Due To Cyclone Alerts

Following this change in schedule, there will be no rest days and all matches will be played back-to-back from September 30 to October 4.

‘Batti Gul Meter Chalu’ Actress Anushka Ranjan Debuts As Creative Director With Tips

‘Batti Gul Meter Chalu’ Actress Anushka Ranjan Debuts As Creative Director With Tips

Actress Anushka Ranjan, who has lead films like ‘Wedding Pulav’ and ‘Batti Gul Meter Chalu’, has now joined Tips as a creative director.

AIBA To Allow Spectators In Belgrade World Boxing Championships

AIBA To Allow Spectators In Belgrade World Boxing Championships

India will be represented by a full-strength 13-strong squad featuring Asian medal-winners like Deepak Kumar (51kg), Shiva Thapa (63.5kg) and Sanjeet (92kg).

More from Outlook Magazine

Out Of Tune: Indie Musicians Seek Protection From Heckling And Abuse At Gigs

Out Of Tune: Indie Musicians Seek Protection From Heckling And Abuse At Gigs

Performers’ safety can only be ensured through street cred and holding organisers accountable.

Smoke And Mirrors: Smog Towers To Clean Up Dirty Air Is A Polluted Idea

Smoke And Mirrors: Smog Towers To Clean Up Dirty Air Is A Polluted Idea

The concept of vacuuming air in the open is not a practical solution to combat air pollution.

Sentry Duty On High Seas: Any Move To Contain China Is Welcome

Sentry Duty On High Seas: Any Move To Contain China Is Welcome

China, Afghanistan and the Quad are the pressing issues that form the backdrop of PM Modi’s first in-person meeting with Joe Biden

Advertisement

Outlook Newsletters

Advertisement