News & Entertainment industries are evergreen businesses and they are growing with the time. People are always looking for new ways to know the news. Not only big companies but even the news portals that deliver some unique value are getting funded these days just like ScoopWhoop, Yourstory, IamWire and more.
Today we are introducing you an entertainment website Alajadi.com. It provides up to date news and information on political news & movie news to its audience both in English and Telugu editions.
They have generated nearly a One million page views for alajadi.com with in two months of its launch with 4,20,000 unique sessions from 120 different countries around the world. As the popularity of the website grown it got funding of $50K from NRI from Denmark. Check out more details regarding funding from below.
Funding Details:
Website Name: Alajadi.com
Funding Amount: $50K
Investor(s): NRI from Denmark
Funding Round: Not Disclosed
Growing companies need these funds to develop their websites & for marketing purposes. However, the exact terms of the transaction were not disclosed.
When asked about their future plans the company said,
“Besides news & entertainment updates, we are also planning to start a new web series of Youthful Comedy serials, Devotional programs, Daily Comedy-skits, Viral Public talks on current topics to engage with more audience. We planned to encourage upcoming creative short film directors by conducting a contest for short films and online viral reality shows in the first quarter of 2016”.
It’s good to see the Entertainment websites have been growing massively in the past few months. We wish good luck for their future plans.