News curator startup, News in Shorts has raised Rs 25 crore in Series A funding. The investment is led by Tiger Global, with participation from Rebright Partners of Japan and existing investors Sachin and Binny Bansal.
The TLABS incubatee company had raised its seed round in June 2014, led by angel investors and mentors Ankush Nijhawan, Gaurav Bhatnagar and Manish Dhingra, with participation from Flipkart Co-founders Sachin and Binny Bansal, as well as Times Internet.
“Mobile content is ripe for disruption, and the News in Shorts team understands the opportunities very well. We believe they can revolutionize the way content is being consumed on mobile devices. The 60-word news ‘shorts’ is just a step towards that goal,” said Lee Fixel of Tiger Global.