Hyperlocal community app Shuru raises Rs 29 crore in round led by Krafton India

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Indore-based hyperlocal community platform Shuru has raised Rs 29 crore in a funding round led by Krafton India.

The round also saw Shuru’s existing backers, including Omidyar Network India and Eximius Ventures, participate.

Krafton India is the local unit of the South Korean maker of Battlegrounds Mobile India. The investment adds to Krafton India’s $200 million-plus commitment to Indian startups since 2021, largely across gaming, entertainment and allied sectors.

Krafton said the partnership will help it deepen engagement with regional audiences,…



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Hyperlocal community app Shuru raises Rs 29 crore in round led by Krafton India


Indore-based hyperlocal community platform Shuru has raised Rs 29 crore in a funding round led by Krafton India.

The round also saw Shuru’s existing backers, including Omidyar Network India and Eximius Ventures, participate.

Krafton India is the local unit of the South Korean maker of Battlegrounds Mobile India. The investment adds to Krafton India’s $200 million-plus commitment to Indian startups since 2021, largely across gaming, entertainment and allied sectors.

Krafton said the partnership will help it deepen engagement with regional audiences,…



Source link

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.

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