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Hyperlocal news platform Lokal raises $3 Million funding from 3one4 Capital, Y Combinator, Others

Shortpedia

Content Team
Image Credit: Shortpedia

Bengaluru-based fledgeling hyperlocal news platform Lokal has bagged funding of $3 million from a group of investors including 3one4 Capital, Y Combinator, RB Investments, SOMA Capital and India Quotient. India Quotient invested in the startup in 2018 too. The startup plans to improve its product and to expand its team in order to enter new markets and has a presence in 27 districts across Telangana, AP, and UP.