The Morning Context, subscription-only digital media covering technology and business-related articles, has raised seed funding (amount raised has not been disclosed), the company has raised this fund within seven months of its launch.
Funding Has Been Raised From Following Set Of Investors
- Ajay Nair, MD of OML Entertainment
- Gunavanth Kumar, Founder of 4G Capital Venture
- Jacob Puthenparambil, CEO of REDHILL
- Joji Philip Thomas, Founder and Editor-In-Chief of DealStreetAsia
- Nav Ratan, Founder of Tetris Capital Ventures
- Parag Dhol, MD of Inventus Capital Partners
- Rahul Jain, Head of Finance, Locus
- Saurabh Abbi, CBO of OML Entertainment
- Sonny Badiga, Co-founder of Red Fields.
The main focus of this fund will be around to increase team size and operations currently, the company has staff in Mumbai, Delhi, Toronto and with contributors contribution around the world.
According to The Morning Context, they have seen subscription rising rate of more than 85% month on month
Also Read: NoBroker Real Estate Portal Raises $29 Mn From General Atlantic
The Morning Context has some of the tough competition from The Ken and ET Prime, in which ET Prime owned by media giant Bennett & Coleman, certainly has deep pockets to compete with all the incumbent players.