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Inshorts raises USD 35 million from Addition

Mumbai: Lee Fixel’s new venture capital firm ‘Addition’ has led a $35 million funding round in news media startup Inshorts. Addition was launched in September 2019 in the US.

The latest funding round has come after almost after a three years gap.

Inshorts publishes 60-word summaries on major news stories in the form of virtual placards, will utilize the fresh proceeds to push its newly launched location-based social network app – Public.

 

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