Indian Social networking firm Public App on Wednesday said it has secured Rs 300 crore in funding from A91 Partners and existing investors. The company had raised Rs 260 crore in funding led by Addition, SIG and Tanglin Venture Partners six months ago.

Launched by short news aggregator Inshorts in 2019, Public earlier raised Rs 260 crore in funding led by Addition, along with SIG and Tanglin Venture Partners six months ago.

“We are very excited to have A91 Partners join us in our journey towards building the world’s largest location-based social network,”Azhar Iqubal, Founder & CEO, Public App, said in a statement.

"With more than 50 million active users in India, we first aim to connect the hyper-local communities of Bharat and later make the product global," said Azhar Iqubal, Founder & CEO, Public App.

The company claims that political leaders, government authorities, media houses and citizen journalists are using the app to connect with communities. Public App is a social network for hyper-local updates and happenings to hyper-local commerce, jobs, classifieds and more. The app is already being used by over 50,000 elected officials, government authorities and citizen journalists to connect with their locality.

Covid19 has shuttered 1 million small businesses in Mexico

Reserve Bank announces panel to evaluate licence applications

India needs to grow at 11 pc in next fiscal: Niti Aayog VC