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Tencent Backs Indian Social Media Lokal

Tencent Backs Indian Social Media Lokal

10/21/21, 8:43 AM
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 Info

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