Knocksense, a non-divisive news startup, raises funding from Mumbai Angels Network
CEO Insights team, Nikhil Michael, Correspondent, CEO Insights
Knocksense has presence in 6 cities in India - Mumbai, Lucknow, Kanpur, Goa, Indore and Jaipur.
With the current fund raise, the company plans to strengthen their tech platform and create a content bank for new geographies launch
Vibhore Mayank, Founder - Knocksense said, "Raising funds through Mumbai Angels (MA) during Covid - 19 has given us confidence and has validated our position to be India’s only non-political, non-divisive news platform. We thank Syed Faiz, Amitesh, Navin, Ankur and the entire Mumbai Angels team for the seamless process."
"Product market fit is a no brainer as we all know India needs a trustworthy news source. Moreover I belong to the event industry and
Theres a need gap in India with respect to the non political news space and I am sure Knocksense is the perfect fit hence I decided to reinvest in this round
I know the need for brand messaging in smaller cities hence the business model of Knocksense attracted me to invest. Huge scale is a possibility, they are sustaining and expanding since 2016", says Navin Talreja, MA Investor.
"I invested in Knocksense in the seed round in 2018, since then I've seen the company grow more than 10x both in terms of revenue and traction. I've seen the founding team achieve the unthinkable with very very limited resources.There's a need gap in India with respect to the non political news space and I am sure Knocksense is the perfect fit, hence I decided to reinvest in this round" says Amitesh Pandey, MA Investor.
Nandini Mansinghka, Co-promoter & CEO, Mumbai Angels Network “We see great opportunity in local content creation, aggregation and distribution models which have great future in India. Knocksense is addressing local geographies within India with their local non-divisive news feed. We are happy to welcome Knocksense in our diversified portfolio”.