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Indian storytelling platform Pratilipi raises $20 million to expand into new storytelling formats

  • Indian storytelling platform Pratilipi has raised $20 million in a Series E funding round led by Jungle Ventures.
  • The funding will support Pratilipi's expansion into new storytelling formats, such as animation and vertical drama, and its entry into international markets.
  • Pratilipi, founded in 2015, offers a self-publishing platform for writers in Indian languages and has evolved into a widely used platform for regional storytelling.
  • The company's core online literature business is profitable, and it has expanded through acquisitions of publishing house Westland Books and the podcast network IVM Podcasts.

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