Lucknow-Based MediaTech Startup ‘Knocksense’ Raises Angel Funding Of $200,000
Lucknow-based media tech startup Knocksense has raised $200,000 in an angel round of funding.
The funding round saw participation from Mohit Satyanand’s syndicate on Let’s Venture, We Founder Circle, and other marquee investors, including Neeraj Tyagi (Founder- We Founder Circle); Piyush Doshi (Director- Faering Capital).
Tom Varkey (Partner at Stonehill Capital Management); Mathew Varkey (serial investor); Simmarpal Singh (CEO India – COFCO International); Venus Dhuria (Partner, Veda.vc); Syed Faiz Hasan (Investor in Rooter); and Amit Tyagi (serial investor), among others, also participated in this round.
As per the startup, it plans to utilise the funds for improving its IT infrastructure and strengthening its content team. The media-tech startup also plans to launch video stories, as well as Hindi content, while expanding to other Tier-II cities of India.
Started by Whistling Woods alumnus Vibhore Mayank, and Amity University alumnus Varul Mayank in November 2016, Knocksense is a local news platform which aims at discovering, curating and distributing non-divisive stories daily.
Speaking on the funding round, Varul Mayank, Co-founder of Knocksense, said,
“The raised funds will help us penetrate deep in the markets we are active in, and launch our subscription plan, which will strengthen user engagement and brand integration.”
With a presence in six cities in India, including Mumbai and Goa, Knocksense generates 20 million+ of organic impressions per month.
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