Rusk Media raised over $9.5 million in Series A led by DAOL Investment and Audacity Ventures

August 17, 2022

, By Sarika Parmar

Share via:

Digital entertainment startup Rusk Media raised over $9.5 million in its follow-on Series A led by Seoul-based DAOL Investment and Audacity Ventures where existing investors–InfoEdge Ventures, Mistry Ventures and Survam Partners also participated.

Rusk Media creates content for millennials and Generation Z. It operates two platforms, Alright! and Playground, which, according to the startup, have over 500 million monthly viewers. Rusk Media intends to scale its content with OTT partners in India and around the world. In addition, it intends to build a UGC-led social gaming platform that will allow developers to create games using its IP assets. According to one report, the country’s media and entertainment sector is expected to reach $55-$70 billion by 2030, with a CAGR of 17% by 2023.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Previous News

EV charging infrastructure startup Exponent Energy raised $13 million in Series A led by Lightspeed

Next News

TN Government is urged by the Esports Players Association to not combine skill games with gambling

Popular

More Like this

Rusk Media raised over $9.5 million in Series A led by DAOL Investment and Audacity Ventures

August 17, 2022

, By Sarika Parmar

Digital entertainment startup Rusk Media raised over $9.5 million in its follow-on Series A led by Seoul-based DAOL Investment and Audacity Ventures where existing investors–InfoEdge Ventures, Mistry Ventures and Survam Partners also participated.

Rusk Media creates content for millennials and Generation Z. It operates two platforms, Alright! and Playground, which, according to the startup, have over 500 million monthly viewers. Rusk Media intends to scale its content with OTT partners in India and around the world. In addition, it intends to build a UGC-led social gaming platform that will allow developers to create games using its IP assets. According to one report, the country’s media and entertainment sector is expected to reach $55-$70 billion by 2030, with a CAGR of 17% by 2023.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

Previous News

EV charging infrastructure startup Exponent Energy raised $13 million in Series A led by Lightspeed

Next News

TN Government is urged by the Esports Players Association to not combine skill games with gambling

More like this

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!