India’s News In Shorts Raises $4 Million Series A Round Led By Tiger Global

TechCrunch

News In Shorts, an India-based company that operates a news digest app for iOS and Android, has raised a $4 million Series A round led by Tiger Global.

The funding round for the New Delhi-based startup included participation from Japan’s Rebright Partners and existing investors Sachin and Binny Bansal, the founders of e-commerce firm Flipkart. The startup raised an undisclosed seed round last June, and counts media firm Times Internet among its backers.

News In Shorts is an interesting service that has comparisons with Yahoo’s News Digest app and mobile news startup Circa. It provides its target audience in India with 60-word summaries of the day’s top stories, that’s typically 60 summaries spanning a range of categories including sports, entertainement national and international news. Each summary is written by its in-house team of editors, and includes a single link out to a story with further information, while readers can opt in…

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