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Tencent Backs Indian Social Media Lokal

Oct 21, 2021over 3 years ago

Description

Indian hyperlocal social media platform Lokal has raised $12 million in a new round of financing led by Chinese internet conglomerate Tencent, according to a source familiar with the matter.

Company Information

Company

Lokal

About

The startup says on its website that it has amassed over 10 million downloads and is popular in several states in South India.