Bengaluru: YouthKiAwaaz, one of India’s fastest growing news and opinions platform, raises Rs.4 crore in an angel funding round led by Quintillion Media, a digital content venture founded by Raghav Bahl and Ritu Kapur. BMR Advisors & Novistra Capital acted as the principal advisors on this transaction. The company plans to increase its current workforce so as to support its technological enhancement strategies. This is Quintillion’s second investment this year and prior to this it had led a $770,000 angel funding round in Noida-based Women’s Career Community – Sheroes along with 500 Startups.
Owned and operated by YKA Media Pvt. Ltd., YouthKiAwaaz is the contrivance of Anshul Tewari, a Wall Street Journal internee, who founded the company in 2014. It is a digital media platform which enables the users to freely express their views and opinions on various ongoing issues. It has a workforce of 16 members consisting of 10 editors, a social media strategist and a business development officer. Over 3000 writers from India and abroad contribute to the company’s website which sees over a million readers every month. YouthKiAwaaz also acts as a central hub for various non-profit and social organizations to connect with young people on a variety of issues through strategically run campaigns.