Latest round

Series B

Last raised

Dec 2013

Total raised

$13M

Investors

2

About Magzter

Based in New York, US, and founded in 2011, Magzter Inc. provides a self-service, cross-platform digital newsstand. The company was co-founded by Girish Ramdas (CEO) and Vijayakumar RadhaKrishnan., Kotak Alternate Asset Managers, LightVC,Lupa Systems, Luxor Capital Group, Matrix Partners, Microsoft, Ontario Teachers' Pension Plan, Qatar Investment Authority, Renu Sehgal Trust, Sequoia Capital, and many others, acquired Magzter Inc. from Cuscaden Peak Investments and Kalaari Capital for an amount. The company offers a digital platform that provides magazines and newspapers across 40-plus categories and in 60-plus languages.  The magazines and newspapers available on the firm platform are Open Filmfare, Business Today India, Dainik Jagran, Mint Mumbai, Amar Ujala, and many others. The firm platform is available on  Apple iOS, Android (Google Play), Amazon Appstore, and Microsoft Store, and a website for browser-based reading. The firm generates its revenue through subscription services of INR 1,999 for Magzter GOLD per year, INR 499 for Magzter GOLD Lite, and many others. Additionally, the firm charges customized pricing for Magzter GOLD Business.

Who invested in Magzter

2 investors across 2 rounds

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Funding rounds

  1. Series B

    Dec 11, 2013

    Amount

    $10M

    Investors

    Locked

  2. Series A

    May 9, 2012

    Amount

    $3M

    Investors

    Locked

Questions about Magzter

Who invested in Magzter?

Magzter has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Magzter raised?

Magzter has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Magzter last raise money?

Magzter's most recent round on record is a Series B, in Dec 2013.

What does Magzter do?

Based in New York, US, and founded in 2011, Magzter Inc.

Where is Magzter headquartered?

Magzter is headquartered in New York, US.

Which VCs invest in companies like Magzter?

Among active investors with capital left to deploy, Founders Fund, Accel, Thrive Capital and Kleiner Perkins back media companies at Magzter's stage. Their profiles are linked below.

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