Sunday, 7 June 2020

Knocksense, a non-divisive news startup, raises funding from Mumbai Angels Network

Knocksense, a non-divisive news startup, raises funding from
Mumbai Angels Network

Knocksense, is a tech driven local news and recommendation platform which aims at discovering, curating and distributing non-divisive stories daily. They cover following news like Development, Social & Health campaigns, F&B events, Environment, travel & sports activities.

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 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”.

About Mumbai Angels Network: 

Started in 2006, Mumbai Angels Network (MA Network) is India’s premier platform focused on new venture investing. The network is today 450+ members strong, across 9 chapters (Mumbai, Delhi, Bangalore, Kolkata, Hyderabad, Goa, Pune, Jaipur and Chennai). It has a 140+ strong portfolio with 45+ exits and has invested 150+ crores.

1 comment:

  1. Congratulations, Knocksense! We are proud to have you as the first site based on India running on the RebelMouse CMS. We look forward to seeing you continue to grow!