Yourstory announced its first investment into the company led by Kalaari Capital, with participation from Qualcomm Ventures, T V Mohandas Pai and Ratan Tata. Actual amount of investment has not been disclosed by the company.
From October 2015, Yourstory will launch a new site to empower everyone to write, talk and view their own stories in their own languages starting with Hindi, Telugu, Bangla, Kannada, Tamil and Marathi by using mobile phone.
As per the company, since its inception in 2008, it has published over 20,000 stories of entrepreneurs and reached 60 million readers.
It currently operate online platforms which include HerStory, SocialStory, YourStory Research, MobileSparks, TechSparks and YourStory pages.
Shradha Sharma, Founder and Chief Editor of YourStory, said “I am fortunate and grateful that I found them. It is with the greatest joy that I share the news that Ratan Tata, Vani Kola (Kalaari Capital), Karthee Madasamy (Qualcomm Ventures) and T V Mohandas Pai have invested in YourStory.”