Short-Video Platform Bolo Indya Raises $400K From Inflection Point Ventures The fresh capital will be used to enhance its personalization and recommendation engine

By Debarghya Sil

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Bolo Indya
Varun Saxena, Founder, Bolo Indya

Gurugram-based short-video platform Bolo Indya has raised funding worth $400,000 from Inflection Point Ventures. The investment round also saw participation from existing investors such as Eagle10 Ventures. With this investment, the 2019 found startup has raised a total of $1 million till date.

The fresh capital will be used to enhance personalization and recommendation engine, to further expand Bolo Meets and enhance tools to further empower the content creators during Bolo Meets sessions.

Founded by Varun Saxena, Bolo Indya is a user-generated content platform. The company claims that it empowers Indians with a platform to raise their voice, share their opinion, learning and experience. The startup has been on-boarding a lot of content creators with more than two million followers count. The social media platform rides on the regional language content creators. Currently, around 42 per cent of the content on the platform are in Hindi, followed by 16 per cent in Tamil, 17 per cent in Telugu and 10-11 per cent in Bengali.

Commenting on the demand for social platforms in regional language, Varun Saxena, founder of Bolo Indya said, "Short videos in local languages are expected to see the demand of over 80 million users by 2022, just 4th to Youtube, payments and e-commerce. This is where Bolo Indya wants to bring in video commerce for personalized online services to build a product which adds contextual value to the time spent on the internet by regional language users."

The short-video platform boasts of 65 lakh monthly active users with 33 lakh daily active users and over 15,00,000 videos being created daily. Some of their top creators are earning in the range of INR 60- 70,000 monthly average already on the platform.

The startup offers Bolo Meets to its 2.8 million content creators to leverage their social capital across the user base of more than 6.5 million and have the followers do micropayments to avail one to one and one to many live video sessions with them around their expertise area.

Commenting on the investment, Mitesh Shah, co-founder, Inflection Point Ventures, said, "There is an exploding trend of short video consumption and content commerce in India. I am very confident of the team's understanding and the way they have built differentiation around Bolo Meets and are scaling it up. Their engagement first approach and focus on high user retention clearly makes them stand apart from the clutter in short video space. IPV,with its vast Investor base of CXOs from diverse industries including Media & Entertainment, will help BoloIndya access a large unexplored market base and expand its network exponentially while enhancing the Tech capabilities as well."

Wavy Line
Debarghya Sil

Entrepreneur Staff

Former Correspondent

Related Topics


World Environment Day 2023: 4 Companies Working For a Greener Planet

With climate-related issues affecting the world, and the built environment being one of the most impactful causes of carbon emissions, sustainability must be integrated into all growth strategies. Even the corporate sector needs to channel its resources for a greener and more sustainable way of living.

Business Plans

How to Change Careers: A Step-by-Step Guide

Want to make a career change without compromising your finances or future? Check out this step-by-step guide on how to change careers to learn more.

News and Trends

KL Rahul Invests In Sequoia-Backed

KL Rahul, who is currently recovering from a sports injury has joined hands with to inspire every Indian to be their healthiest and best self with its all-encompassing platform


This Unique Social Startup Helps in Offsetting Carbon Footprint

Verdoo, a free online tool, helps consumers fight climate change through online shopping

News and Trends

Home Rental Startup NestAway Sold to Aurum PropTech at Steep 95% Valuation Cut

Aurum has said that it will infuse Rs 30 crore to enable NestAway's business to remain stable.

Business Process

How to Expand Your Business to Over 30 Markets in 5 Years — 7 Tips for Successful Growth

Expansion is never an easy process, and balancing growth with stability can be tricky, even at the best of times.