Social Network App Public Raises $35 Million From Lee Fixel's Addition, Others
Finshorts | 1st Oct, 2020 | 1 min read
BENGALURU: Location-based social network app Public has raised $35 million from venture capitalist Lee Fixel’s Addition, SIG Global and Tanglin Venture Partners. Tiger Global, advised by Fixel, was one of the most active investors in India consumer internet companies, making early bets in Flipkart, Ola and Quikr India Pvt Ltd. Public App is social network platformfor everything local – from local updates and happenings to local commerce, jobs, classifieds and more. “We are thrilled to have this support from Addition, SIG Global and Tanglin Venture Partners in our journey towards building the world’s largest location based social network,” said Azhar Iqubal, Founder & CEO, Public App. “With more than 50 million active users and over 1 million videos being created every month on the app, Public aims to connect the local communities of Bharat and become the one stop solution for all their local needs,” Iqubal added. After its launch last year, Public app is now available in multiple Indian languages including Hindi, Bengali, Punjabi, Telugu, Tamil, Kannada, Malayalam, Odia, Assamese, Gujarati and Marathi. It has around 50 million active users, with one million videos being created every month. The app allows people to record and share happenings around them enabling real-time local updates.