Khabri Raises Pre-Series A Round of USD 2.1 Million
Khabri, one of India’s leading vernacular audio platforms , announced that it has raised USD 2.1 million in a pre-series A funding round to strengthen its product and tech offerings aimed at empowering the next half a billion internet consumers.
Having spread its wings in the Hindi speaking markets, the future plans entail launching multiple languages like Tamil, Telugu ,Kannadda, etc in that order in coming two quarters.
Also, funds will be used in strengthening the tech capabilities, such as improving the recommendation and search engine for easing content discovery. For creators we would be focusing on easing content creation further by enhancing noise cancellation and volume normalization with ML techniques.
Speaking on the development, Pulkit Sharma - Co Founder & CEO of Khabri said, “Around 850 million Indians, below the age of 35, are looking at financial stability. This is achievable via learning, upskilling, and upgrading in the language of their comfort. What better way to do it through a medium which is completely non-intrusive i.e. Audio. As a leading digital audio content platform in a local language, Khabri has been instrumental in creating an influencer-user ecosystem for Hindi language speakers, so far, aiming at adding multiple languages soon with the new influx of funds. Our app is playing a pivotal role in providing learners with more passive learning opportunities, and teachers to get a bigger outreach. Khabri users have also been enjoying seamless access to content even in the areas with weaker internet bandwidth.”
Commenting on the same, Jared Heyman, Managing Partner of Rebel Fund, seed stage, Y Combinator-focused venture fund said.” We’re excited to be early investors in Khabri. My partner Steve Huffman, co-founder of Reddit, met with the Khabri founding team in March 2021 and noted how impressed he was with their early user traction, fast growth, and strong App Store ratings. We feel the company is poised for significant further growth and look forward to supporting it along the way.”-
“By honouring the audio aspect of content, the Khabri team removes the heavy time and expense tax creators pay for audio-visual content production, freeing creators to instead invest more deeply in their message and meaningful ongoing engagement with their listeners. Khabri's elimination of heavy production barriers -- combined with the team's deep expertise in content distribution and community-building -- means incredible access for both experienced and new creators from all over India, allowing creators and listeners the intimacy of connecting within and among vernaculars like never before. Khabri is today India's fastest-growing vernacular audio platform; given the team's commitment to serving the next billion internet users and excellence in supporting the diversity of hundreds of vernaculars in India, Khabri will soon be a driving force in helping communities connect with and learn from one another in vernaculars and countries around the world” , Said Anya Hayden - General Partner, ANIM Fund (Backed by Founders Fund)
Shailesh Rao, an Advisor/Investor of Venture Highway and BigSpring (ex-Google/Twitter/TPG) also funded in Kabri. "I have been a big believer in the power of audio to expand access to digital services. And now I can say that I have found the team and the company that is delivering on that promise in Khabri. Pulkit and Sandeep are product-first founders who have built a vernacular first audio platform that gives all Indians access to a path to employment and a better quality of life by focusing on skill development and access to jobs." he commented
Pioneer Fund has also funded the Khabri, Pioneer Fund is a fund of 225+ Y Combinator alumni working together to invest in and support the top YC startups. Their portfolio has gone on to raise from the top VCs in the world, including Andreessen Horowitz, Sequoia, Accel, Founders Fund, and many others.
In Tier-II and-III cities of India, there are millions of ambitious youths who aspire to achieve greater career heights. Thus, this has been a major goal for Khabri since its founding, to offer better learning opportunities to deserving youngsters. The app has been providing millions of users with podcasting experiences on their mobile devices. With close to 4Mn downloads,, thousands of influencers are taking to the platform to create content for their audiences in the Hindi language.
Recently, the leading Hindi language podcasting platform also launched over 40 audio courses in Hindi for aspirants who are preparing for government job exams.