Lucknow: Knocksense Media Services Pvt Ltd, a content production platform, has raised $200,000 (Rs 1.46 crore).
Participants in this round include angel investor Mohit Satyanand’s syndicate on LetsVenture and We Founder Circle.
Angel investors that have taken part include Venture Catalysts and We Founder Circle’s Neeraj Tyagi, Faering Capital’s Piyush Doshi, Stonehill Capital Management partner Tom Varkey, Rentomojo investor Syed Faiz Hasan, and Veda.vc partner Venus Dhuria.
The company was set up in 2016 by Vibhore Mayank and Varul Mayank. It focuses on creating local content and claims to be generating more than 20 million organic impressions per month.
It will use the capital it has raised to deepen market penetration, launch its subscription plan, and strengthen user engagement.
“We firmly believe that the hyperlocal economy is the next wave of growth for Indian startups and Knocksense is perfectly poised to leverage this,” Tyagi said.