# Sourcecode Media Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sourcecode-media-pvt

- Industry: Media
- Headquarters: Bangalore, India
- Website: http://www.factordaily.com
- Total disclosed funding: $0.7M
- Latest round: Series A (Apr 25, 2018)
- Investors on record: 2

## About

Sourcecode Media Pvt Ltd is a nonprofit journalism lab that specializes in in-depth storytelling projects addressing societal issues, aiming to elevate public discourse and awareness through impactful narratives.Founded in 2016 in Bangalore, India, Sourcecode Media Pvt Ltd operates as a journalism lab focused on societal storytelling. The company raised INR 47.64 million in Series A funding on April 25, 2018, with investments from Accel and Milestone Trusteeship Services. The founders, Pankaj Mishra, Sehar Dabur, and Shadma Shaikh, have a history of engaging in impactful media projects. Under the leadership of CEO Sehar Dabur, the company has not undergone significant pivots since its inception.FactorDaily, a branch of Sourcecode Media, operates as a nonprofit journalism lab producing projects that address crucial societal matters. Their core services include a fellowship program that trains storytellers to cover themes like climate, digital misuse, and mental health. The initiatives are aimed at a diverse audience, including NGOs and readers interested in impactful journalism, primarily targeting the Indian market.In 2023, Sourcecode Media Pvt Ltd reported a revenue of INR 217,409.1 with an EBITDA of INR 55,087.3, generated through donations and community support. The company's funding model encourages readers to contribute by becoming 'friends' of FactorDaily, providing them with exclusive content and updates on new initiatives.Following its Series A funding of INR 47.64 million in April 2018, Sourcecode Media plans to utilize these resources to expand its storytelling initiatives and reach broader audiences. They are designing new products that cater to pressing societal themes and targeting new markets within India and potentially beyond by 2024. The funding will support the enhancement of their fellowship program and further development of impactful journalism projects.

## Funding rounds

- Series A, Apr 25, 2018, $0.7M — Accel, Milestone Trusteeship Services

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A
- Milestone Trusteeship Services — Series A