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Zee Media to invest Rs 3.75 Cr in Times of India-backed dating app Flutrr

  • Zee Media, through its subsidiary Zee Akaash News, is set to invest Rs 3.75 crore in Flutrr, a vernacular dating app.
  • Flutrr Digimate's revenue doubled in FY24 to Rs 2.5 crore from Rs 0.99 crore in FY23.
  • Flutrr has previously raised funds from investors like Times of India, The Chennai Angels, and executives from Google, SAP, Microsoft, and DBS.
  • Flutrr aims to reach 5-6 million users within the next 12 months and achieve operational breakeven by the end of 2024.

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