Location-based social network Public raises $35 million

The app has received the funding from Addition, SIG Global and Tanglin Venture Partners

e4m by exchange4media Staff
Updated: Sep 30, 2020 3:46 PM
public

Location-based social network Public App has secured $35 million in funding from Addition, SIG Global and Tanglin Venture Partners. 

“We are thrilled to have this support from Addition, SIG Global and Tanglin Venture Partners in our journey towards building the world’s largest location based social network,” said Azhar Iqubal, Founder & CEO, Public App. “With more than 50 million active users and over 1 million videos being created every month on the app, Public aims to connect the local communities of Bharat and become the one-stop solution for all their local needs,” Iqubal added. 

The company has always focussed on and been known for achieving best in class user retention and engagement metrics and the focus continues to be so. The plan is to utilize the funding towards rapid scaling up of tech infrastructure, content offerings and employee base to further speed up the growth and continue improving on retention and engagement. 

Public app was launched by Inshorts, India’s #1 English news aggregator, in April 2019. Within a short span of 6 months from launch, Public became the No 1 ranked app on the play store in the category and continues to be so. The app is available in all major Indian languages including Hindi, Bengali, Punjabi, Telugu, Tamil, Kannada, Malayalam, Odia, Assamese, Gujarati and Marathi.

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