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Lokal App is a hyperlocal platform delivering district-level content in vernacular languages for non-English speaking users in India’s Tier 2 and 3 towns, with local news, classifieds, jobs, real estate, matrimonial ads, price data, and government schemes. It works by aggregating content from local users and stringers, plus an in-app training program that allows residents to become contributors and earn money as digital reporters. Revenue comes from content-led digital marketing, local classifieds, and service fees, mirroring a newspaper’s income streams in a digital form. Its focus on vernacular, district-level information and a formal contributor network sets it apart from urban, English-dominated platforms, aiming to connect rural markets with brands and services while empowering local participants.
Industries
Data & Analytics
Consumer Software
Social Impact
Company Size
1,001-5,000
Company Stage
Series B
Total Funding
$29.8M
Headquarters
Bengaluru, India
Founded
2018
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Total Funding
$29.8M
Below
Industry Average
Funded Over
4 Rounds
Industry standards
Training Programs
Hyperlocal content platform Lokal has raised Rs 120 crore in Series B funding from new investors Global Brain and Sony Innovation Fund, with participation from India Quotient and other existing investors.
Lokal, India's hyperlocal content, community, and classified platform, announced it has raised Rs 120 crore in Series B funding from new investors Global Brain and Sony Innovation Fund, with participation from India Quotient and other existing investors. The company will use the fresh funds to gr
Hyperlocal content and social media platform Lokal offers local news, classifieds, matrimony ads, and jobs in regional languages.
Indian hyperlocal social media platform Lokal has raised $12 million in a new round of financing led by Chinese internet conglomerate Tencent, according to a source familiar with the matter.
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Industries
Data & Analytics
Consumer Software
Social Impact
Company Size
1,001-5,000
Company Stage
Series B
Total Funding
$29.8M
Headquarters
Bengaluru, India
Founded
2018
Find jobs on Simplify and start your career today