Bengaluru-based SaaS startup Quintype Technologies has raised Rs 25 crore from IIFL AMC, part of IIFL Wealth Management Ltd., in Series A round of funding.
As per the startup, it plans to use the fund amount to continue to expand its operations and reach.
Quintype is a data-driven publishing platform for the mobile-first world. It provides seamless, end-to-end SaaS to manage all aspects of a modern online media operation.
Quintype claims that its clients have seen up to 2500% growth in page views in the last 12 months. The startup also counts publishers such as Bloomberg Quint, Prabhat Khabar, Bar and Bench, The Quint, and Swarajya as clients.
Talking about this funding, Chirdeep Shetty, CEO of Quintype, said,
“Media companies and content creators across the world are moving towards a digital-first strategy, and the current pandemic situation has only accelerated that shift. The team at Quintype has been focused on creating some of the best products for publishers, and this will help us provide better support and expand our offerings to publishers globally. We do all the heavy lifting on the technology-end so that publishers can focus on creating the best content for their audience.”
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