Japanese And Indian Investors Invest $5 Mn In Little Black Book
The fresh funds will be utilised to expand the technology and product team with a focus on ML for discovery.
- Delhi-headquartered Iluminar Media, which owns and operates digital media platform Little Black Book (LBB), has raised $5 Mn (INR 34.4 Cr) in Series A funding round led by Inventus India and IAN Fund.
- Other investors from Japan such as Dream Incubator and Akatsuki Entertainment Technology (AET) Fund, and existing investors Blume Ventures, and Chiratae Ventures also participated in the round.
- The company counts investors such as investors such as Capital Partners, IAN Fund, Dream Incubator, AET Fund, Blume Ventures, and Chiratae Ventures.