Authorization

Smule raises $20M, with plans to expand India operations

App maker turned music social network Smule has raised another $20 million. The latest round follows a $54 million raise in May of last year, led by Tencent, intent on helping the company expand Asia operations. This time out, funding is arriving via Times Bridge, the VC wing of India media conglomerate The Times Group.
The “strategic investment” comes as Smule pushes to expand its footprint in India, currently the second largest of the app maker’s international markets. Engaging there requires building a platform for an utterly massive and multi-lingual market.
“Building the Smule brand in India is a long term process, but a critical facet of realizing our vision to connect the world through music,” CEO and co-founder Jeffrey Smith told TechCrunch. “We are therefore thrilled to expand our reach in India through this significant partnership with Times Bridge.”
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«    Август 2022    »
ПнВтСрЧтПтСбВс
1234567
891011121314
15161718192021
22232425262728
293031