He also added-Public app has over 50 million active users and they upload over 1 million videos every month on the app, with such good response from its users the app aims to connect the local communities of Bharat and wants to become the one stop solution for all their local needs. With this new round of funding, InShorts has become the first Indian startup to be backed by Addition.Ī zhar Iqubal, Founder and CEO, Public app said in a statement that the company is thrilled to have such support from its investors-Addition, SIG Global and Tanglin Venture Partners in its journey towards building the world’s largest location-based social network platform. 56 Inshorts Reviews by current and past employees about salary & benefits work culture. Lee Fixel had earlier invested in InShorts in 2015 via Tiger Global Management which he left in 2019 to set up “Addition” (a venture capital firm). This firm is situated in Delhi and specializes in information access and distribution. Numerous tools in the application can assist you with all of your editing needs. It is a free and effective video editing tool. It began as a Facebook page and was formed by 3 IIT dropouts in 2013. Video Editor And Video Maker Inshot App for PC is a free mobile app that you can download on your Windows computer to create or edit films and photographs. SIG Global and Tanglin Venture Partners, also participated in the round and valued the startup at about $125 Million, TechCrunch reported citing person familiar with the matter. Inshorts, one of the most popular Indian news app aggregates news, infographics, and blog posts into a 60-word summary. InShorts, popularly known for its news app, has raised $35 Million in a funding round led by Lee Fixel’s Addition.
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